No full disclosure on FX scandal in 2014, says FCA's Wheatley

Martin Wheatley
Martin Wheatley

The full extent to which London traders rigged foreign exchange benchmarks for personal gain between 2006 and last October is unlikely to be established this year, Martin Wheatley, head of the UK's Financial Conduct Authority (FCA), has indicated.

Wheatley spoke during a panel discussion on the UK's dovetailed regulatory structure, set up a year ago tomorrow, which splits the responsibility for overseeing financial markets between the FCA, a government body, and the Bank of England (BoE). He

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