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UK Government Names New BOE Court Director, FSC Member



LONDON -(Dow Jones)- The U.K. government said Wednesday that it's appointing John Morrison Stewart as a new Director of the Court of the Bank of England and as a member of the Financial Stability Committee for three years from December.

The Court manages BOE affairs other than monetary policy, while the FSC is being formed to support the BOE's new statutory objective to protect and enhance the stability of the financial system.

-By Natasha Brereton, Dow Jones Newswires; +44-20-7842-9254; natasha.brereton@ dowjones.com


  (END) Dow Jones Newswires
  11-11-091252ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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