制定指引guidelines were formulated 制定货币和金融政策setting monetary and financial policy 制订政策的过程the policy-making process ..
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The Conservatives would create a Financial Regulation Division within the Bank of England and a Financial Policy Committee similar to the rate-setting Monetary Policy Committee, which would monitor systemic risks and have the power to break up banks.
FORBES: Brit Bank Watchdog Under Threat
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