BoE ends off-the-record meetings with banks
Change follows concerns about similar practices at other central banks
The Bank of England will no longer hold off-the-record briefings with individual financial firms, in a bid to increase transparency.
According to a report from Reuters, the BoE said the move was a “permanent step aimed at improving the transparency” of its information gathering exercises.
Central Banking understands the BoE has cancelled the meetings and is reviewing how it engages with investment firms.
Other central banks have taken similar measures following public criticism that off-the
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