The Bank of England (BoE) has welcomed the UK Treasury Select Committee's Fixing Libor report that found the central bank "did not have any regulatory responsibilities for Libor during the relevant period", according to a formal response issued by the central bank.
The BoE also responded to the select committee report's calls for a "much stronger governance framework at the Bank of England", saying that this will take place once the Financial Services Bill is passed into law next year. The Bank
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