BoE governor Bailey 'quite angry' at some findings in the report on LCF scandal - reports

Chief rejects claim he did not want to be named

David Brenchley
clock • 2 min read

The governor of the Bank of England said he was "quite angry" at the suggestion he was among executives to ask to have his name removed from a report on the London Capital and Finance (LCF) scandal and that he took responsibility for the Financial Conduct Authority (FCA).

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

SDR operational hurdles see firms take cautious implementation approach

SDR operational hurdles see firms take cautious implementation approach

Regulation highly prescriptive

Linus Uhlig
clock 17 October 2025 • 3 min read
FCA secures $101m redress for investors from Michael Platt's BlueCrest

FCA secures $101m redress for investors from Michael Platt's BlueCrest

Follows lengthy legal dispute

Linus Uhlig
clock 15 October 2025 • 1 min read
FCA pushes on tokenisation remit in a bid to make asset management more efficient

FCA pushes on tokenisation remit in a bid to make asset management more efficient

Set out plans to support initiative

Eve Maddock-Jones
clock 14 October 2025 • 2 min read
Trustpilot