Legislator says BOE's forex probe 'seriously incomplete'
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
A PROBE by the Bank of England (BOE) into what central bank staff knew of malpractice in London's foreign exchange market failed to scrutinise officials closely enough and was "seriously incomplete", a senior lawmaker said on Tuesday.
Last year, the BOE's supervisory board commissioned an investigation by a top commercial lawyer, Anthony Grabiner, to look into what BOE staff knew about foreign exchange market malpractice.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts