BOE’s Hogg failed to disclose Barclays family links in 2013

Bloomberg

Bank of England (BOE) Deputy Governor Charlotte Hogg failed to tell the central bank that her brother worked at Barclays when she joined as chief operating officer in 2013.
The declaration was only made in a questionnaire Hogg completed as part of her appointment this year as deputy governor for markets and banking. Hogg said she takes ‘full responsibility for this oversight’ and apologizes for not giving accurate information at her appointment hearing late last month. Her family links dominated a large part of the hearing at the Treasury Committee, which said that ‘steps must be taken’ to ensure there are no conflicts of interest.
Hogg said, she has spoken with the chair of BOE’s governing body and he acknowledges that ‘no actual or potential conflict of interest has arisen’ while Hogg was COO. However, with her new role giving her an expanded remit, she plans to discuss the issue with BOE’s Monetary Policy Committee, Financial Policy Committee and Prudential Regulation Committee to allow them decide if there is any risk and whether any further steps are necessary.
“It was just an honest mistake that she made, not declaring it then,” said Anthony Habgood, chairman of the Court, in testimony to lawmakers on Tuesday. “That of course gets more tricky with the next job.”