Constitutional Modernisation has come to the forefront of politics recently with the collapse of the now defunct Euro Bank Corporation in 2003. The prosecution in the trial was forced to reveal that the British Government had planted moles (and used wire taps) throughout the banking industry using MI6, with the consent of the Governor.
The recent focus on Constitutional Modernization is a result of the collapse of the Euro Bank Corporation in 2003, which exposed the British Government's covert operations within the banking industry, including the use of spies (and wiretapping) with MI6's involvement and the Governor's approval.