Bank of England says may toughen rules for non-banks
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LONDON (Reuters) - Volatility in markets during the COVID-19 shock pointed to underlying issues in the non-bank financial sector, Bank of England Governor Andrew Bailey said on Thursday.The BoE's Financial Policy Committee will publish preliminary findings from its assessment of risks from non-banks in early August, Bailey told Britain's finance minister Rishi Sunak in a letter made available to the media.Non-banks can include investment funds and money market funds."Where appropriate, the..