The UK's Treasury Committee challenged the Bank of England's (BoE) Gertjan Vlieghe on his financial links with former employer Brevan Howard during a hearing today (October 13).
Vlieghe is the monetary policy committee's (MPC) newest member, one of three external members. His appointment was announced in late July, and controversy quickly followed over a continued financial stake in asset manager Brevan Howard. He later sold the shares.
Vlieghe told the committee today he had mentioned the stake