BoE revamps market intelligence approach

Central bank continues transparency push

bank-of-england
The Bank of England

The Bank of England (BoE) is changing the way it interacts with market participants, after a report authored by lawyer Anthony Grabiner exposed flaws in the central bank's approach.

In what the BoE calls "root and branch" reform, the gathering of market intelligence will now be subject to tighter controls and greater transparency.

The Grabiner Report noted that since 2002, the BoE has sought to obtain as much market intelligence as possible. "I am concerned that the Bank's systems and controls

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