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The Bank of Canada is denying a report that governor Mark Carney has been tapped as a possible candidate to head up the United Kingdom’s central bank beginning next June.

According to the Financial Times, a representative of the Bank of England “informally approached” Mr. Carney to replace the bank’s current governor Sir Mervyn King, whose term ends next year. Mr. Carney’s seven-year term at the Bank of Canada expires in 2015.

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While it’s rare for a foreigner to head up a central bank, Mr. Carney has seen his stock rise among the world’s financial authorities for his handling of Canadian monetary policy through the financial crisis.

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Last November he was named chair of the Financial Stability Board, a global regulator responsible which establishes the rules for international banking.

“It wouldn’t surprise me at all if it was true,” said Finn Poschmann, vice president of research at the CD Howe Institute. “It speaks well of the reputation Mr. Carney has generated abroad.”

Citing three unnamed officials involved in the process of selecting the Bank of England’s next governor, the Times said a member of the central bank’s court of directors — the non-executive body responsible for managing the affairs of the bank outside of monetary policy — sought Mr. Carney’s interest in succeeding Mr. King.

A spokesman for the Bank of Canada said Mr. Carney was not approached as a candidate.