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FEATURE - Former directors of Equitable Life who are being sued for more than £3bn will turn green with envy if they cast an eye over the Bank of England's annual report. In a section on governance and accountability, it makes clear that the Bank's Court, consisting of the Governor, two deputies and 16 non-executive directors, enjoys legal armour plating.

From the FT, 27 May, London edition.

While others sweat over their legal liabilities, these dignitaries have been indemnified by the Bank

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