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Update on the FCA enquiry into the Bank of England audio issue

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In late 2019 concerns were raised regarding the use of an audio feed from the Bank of England’s press conferences.

There was a suggestion that, following the publication of decisions by the Bank of England’s Monetary Policy Committee, an audio feed of the press Q&A had been used to share or otherwise facilitate access to information in a way that was contrary to the Market Abuse Regulation (MAR).

We have examined these matters fully. We do not believe the audio feed contained any inside information, nor have we found any activity of concern or misconduct. Our enquiry is now closed and we have informed the Bank and other parties connected to the review.

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Regulator Information

Regulator Name: Financial Conduct Authority
Abbreviation: FCA
Jurisdiction: United Kingdom

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