Bank of England passed tech firm for diligence three times

Central bank faces new scrutiny over audio feed leaks

The Bank of England
(Image credit: Adrian Dennis/AFP/Getty Images)

The Bank of England carried out due diligence three times on a tech firm that was later revealed to have passed paying clients early access to market-sensitive information.

The technology supplier Encoded Media was probed three times between 2008 and 2019, yet its status as a supplier to the BoE was only revoked following media inquiries in December.

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