Statement
The Bank of England and the CMA have for the first time agreed a memorandum of understanding on how the two organisations will work together to help them achieve their statutory objectives.
The memorandum of understanding explains how the organisations will collaborate on issues where they have shared interests. This includes promoting a culture of cooperation and collaboration between the Competition and Markets Authority (CMA) and the Bank of England, and sets out how they will share information to assist each other in carrying out their functions.
MoU between the CMA and the Bank