Bank of England seeks global consensus on ‘fair and effective’ markets

Minouche Shafik
Department for International Development

The Bank of England (BoE) is seeking to build an international consensus on the final steps to fix market structure and conduct, said deputy governor Minouche Shafik  yesterday.

On Monday the BoE unveiled a review of how "fair and effective" the fixed income, currency and commodity (Ficc) markets are, with the aim of identifying and plugging any gaps in the patchwork of regulatory efforts to date.

Shafik gave her first speech as deputy governor later the same day at the London School of Economic

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