Jail the best deterrent for rogue traders, Bank of England deputy governor says

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Jail the best deterrent for rogue traders, Bank of England deputy governor says | Bus

20th November 2014, 11:01:AM

The best deterrent to rogue traders in financial markets is the threat of jail, one of the Bank of England’s deputy governors said on Wednesday. Nemat Shafik told MPs on the Treasury select committee that criminal sanctions would be more effective than fines in preventing individuals from breaching market rules. “In some of the research […]

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Jail the best deterrent for rogue traders, Bank of England deputy governor says | Bus

Jail the best deterrent for rogue traders, Bank of England deputy governor says | Bus

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