UK fraud office probing Bank of England liquidity auctions

14325923030-d31f671499-z
Mark Carney, governor of the Bank of England

The UK's Serious Fraud Office (SFO) is investigating Bank of England (BoE) liquidity auctions conducted during the financial crisis in 2007 and 2008.

The central bank last night confirmed it referred information relating to the auctions to the SFO in November, after commissioning lawyer Anthony Grabiner to conduct an initial independent inquiry.

"Given the SFO investigation is ongoing, it is not appropriate for the bank to provide any additional comment on the matter at this time," the BoE said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.