RBA assistant governor Christopher Kent has revealed that HSBC was previously banned from receiving private briefings from the central bank after information from a private event was leaked to a non-attendee.
The Australian Financial Reviewrecently revealed that Barrenjoey, Westpac and RBC Capital Markets were each banned for 12 months from receiving private briefings from RBA officials after the three organisations held events where an attendee leaked details of what was said by an RBA official to a non-attendee.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
