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Stock lending group to review draft code of conduct

Corporate governance and the proliferation of corporate actions are just two of the key issues set to be addressed in the latest stage of the stock lending industry's code of conduct review.

The Bank of England's stock lending and repo committee (SLRC) sub-group will meet this week to discuss what should be included in the Stock Borrowing and Lending Code of Guidance, said Peter Andrews, head of the Bank of England's gilt-edge and money markets division.

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