No full disclosure on FX scandal in 2014, says FCA's Wheatley

Head of UK's FCA says probe into benchmark rigging is too complex

Martin Wheatley
Martin Wheatley

The full extent to which London traders rigged foreign exchange benchmarks for personal gain between 2006 and last October is unlikely to be established this year, Martin Wheatley, head of the UK's Financial Conduct Authority (FCA), has indicated.

Wheatley spoke during a panel discussion on the UK's dovetailed regulatory structure, set up a year ago tomorrow, which splits the responsibility for overseeing financial markets between the FCA, a government body, and the Bank of England (BoE). He

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: