RBA bars two banks from private briefings after leaks
Incidents raise concerns over practice of holding off-the-record briefings with market participants
The Reserve Bank of Australia (RBA) has barred two major banks from confidential briefings over suspected leaking of the discussions, according to media reports.
On October 1, the Australian Financial Review (AFR) and Reuters reported that the RBA had banned RBC Capital Markets from the off-the-record meetings, citing unnamed sources.
The RBA reportedly made the decision after one of the Canadian investment bank’s clients leaked details of an off-the-record lunch in February.
The RBA’s assistant
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