meant that misconduct went undetected for a number of years. Barclaysâ control and risk functions failed to challenge effectively the management of these risks in the FX business. 2.8 Barclaysâ failings in its FX business allowed the following behaviours to occur: (1) Attempts to manipulate the WMR and the ECB fix rates in
A phrase can be either a prepositional phrase (preposition + noun-object) or a participial phrase (participle form of a verb, with possible a direct object and/or adverb). If it modifies a verb, an adjective, or adverb, then itâs an adverbial phrase.) Participial phrases can modify an entire clause. In case #1, the participial phrase is acting as an adjective, that is, as an adjectival phrase. In cases #2 & #3, the participial phrase is acting as an adverb, that is, as an adverbial phrase.
For example, somephrases act as nouns, some as verbs, some as adjectives or adverbs. Remem-ber that phrases canât stand alone as sentences.The chance that youâll ever be asked to differentiate between a gerundphrase and an infinitive phrase or a participial phrase and a prepositionalphrase is small.