LONDON, Nov 19 (Reuters) - The Bank of England's regulatoryarm will scrutinise bonuses awarded to traders involved inattempts to manipulate the currency market, a top official saidon Wednesday.
BoE Deputy Governor Minouche Shafik said some of the banksfined last week for attempting to manipulate the foreignexchange market were already clawing back bonus awards fortraders that were involved.
The BoE's Prudential Regulation Authority supervises banksin Britain.
"I would certainly say that we will look at theirremuneration proposals when we get them in January," she toldparliament's Treasury Committee.
"These are clearly egregious cases of misconduct and onewould hope to see remuneration committees in these firms willuse these powers they have to hold these individuals toaccount," Shafik added.
Some banks have dipped into bonus pools to pay recent fines,which sends a very strong signal, she added.
"Attempts to manipulate markets are the second oldestprofession," she told lawmakers. (Reporting by Huw Jones and Andy Bruce; editing by WilliamSchomberg)