BOE Overhauls Relationship with Financial Markets

February 26, 2015 6:00 PM

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BOE Overhauls Relationship with Financial Markets

The Bank of England Thursday announced an overhaul of the way it gathers information from and monitors the activities of participants in the financial markets, following a series of scandals involving London’s financial industry.

The BOE Thursday said it accepted all 11 recommendations of a review into its gathering of “market intelligence,” or information about how financial markets are behaving, and why.

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