Carney looks for well-managed markets to drive prosperity

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Mark Carney: London "must lead the development of global standards"

Well-managed markets can be "powerful drivers of prosperity" but can also be "prone to excess and abuse" when left to their own devices, Bank of England governor Mark Carney argued on September 21.

He told an audience at the Harvard Club UK Southwark Cathedral dinner that regulators must take a "tough line" on market abuse, while London "must lead the development of global standards".

He was speaking ahead of the bank's Open Forum, which opened for registration today. "The Open Forum is open to

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