Bank of England Warns Market About Confidentiality Breaches
REGULATORS
An apparent increase in the naming of names in the London foreign exchange market's frenetic grapevine has put the Bank of England in a mild flap.
Last week, the Bank circulated a letter to banks, brokers and investment banks reminding them that its London Code of Conduct confidentiality rules mean they must keep their lips zipped about counterparties.
Sources at the Bank say that since the upswing in volatility last fall, more rumours have been circulating through the market about the activities
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