Bank of England

269 results about this entity

Period: 02 Nov 2005 - 01 May 2024

/crypto

Bank of England to announce crypto regulation

The Bank of England’s Financial Policy Committee has called for widespread crypto regulation, reported Coindesk on Wednesday.

/sustainable

EBAday 2022: Racing toward net-zero

EBAday 2022 is fast-approaching, and as we edge closer to the conference’s kick off, we’re exploring some highlights across the agenda. A key stand-out is the event’s lunchtime session on day two, ‘Meeting the net-zero challenge: How can banks fulfil CSR expectations?’

/regulation

Bank of England sounds warning to banks over operational resilience

The Bank of England is expecting to have "challenging conversations" with banks about their operational resilience, a senior official has warned.

/sustainable

Bank face 15% drag on profits due to climate change

The Bank of England is warning banks to take immediate action on climate risks or face a 15% hit to annual profits.

/regulation

PRA to raise levy by £24 million to keep pace with financial innovation

The Bank of England is to increase the levy charged to financial firms by £24 million in order to hire 100 new staff and keep pace with innovation and emerging risks.

/people

Bank of England increases spending on data scientists

The Bank of England (BoE), the central bank for the United Kingdom, saw its data scientist payroll quadruple after Covid-19 hit, splashing on data staff to oversee data operations involving Covid loans.

/regulation

UK regulators proble LME nickel shutdown

On Tuesday 8 March 2022, the London Metal Exchange (the LME) suspended nickel trading, having concluded a disorderly market had arisen.

/regulation

Barclays addresses potential CBDC fragmentation in new paper

Barclays’ paper sets out a methodology for the mitigation of potential fragmentation risk presented by central bank digital currency (CBDC), through an architecture that places CBDC and commercial bank money on a similar footing.

/crypto

Bank of England joins MIT CBDC roster

The Bank of England has teamed up with the Massachusetts Institute of Technology on a twelve-month research project on central bank digital currencies.

/regulation

UK regulators publish slew of papers on cryptoasset regulation

The Financial Conduct Authority (FCA), Bank of England, and Prudential Regulation Authority (PRA) have released a raft of documents warning financial institutions of their responsibilities around cryptoassets and the direction of regulation in the space.

/regulation

UK regulators publish AI report

The Bank of England and Financial Conduct Authority have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.

/regulation

UK regulators review MoU on payment systems

The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) have a Memorandum of Understanding (MoU) that sets out the high-level framework the Authorities use to cooperate with one another, in relation to payment systems in the UK.

/crypto

Lords Committee pours cold water on UK CBDC

A Committee of peers in the House of Lords has concluded that there is no convincing case for the creation of a central bank digital currency in the UK.

/cloud

UK FS regulator takes aim at cloud giants - FT

The UK's Prudential Regulation Authority (PRA) is looking at ways to access more data from Amazon Web Services, Microsoft Azure and Google Cloud amid concern about how important the three have become to the financial services sector, according to the Financial Times.

/payments

Bank of England to publish pop-economics book

‘Can’t we just print more money?’ is a new pop-economics book, written by the Bank of England, which will be published this May in partnership with Cornerstone Press.

/crypto

Glen outlines pathway to live Britcoin launch

UK Treasury minister John Glen has outlined a pathway to the creation of a UK central bank digital currency, with the option of a live launch in the "second half of the decade".

/regulation

Bank of England consults on new regime for non UK domiciled CCPs

The Bank of England has today published a Consultation Paper and draft Statement of Policy on the Bank’s approach to ‘tiering’ non-UK central counterparties (CCPs) based on the level of systemic risk they could pose to UK financial stability.

/sustainable

UK regulators pledge to embed climate change reports into all aspects of policy

As UK financial regulators, we are focused on making sure that the risks from climate change and the opportunities from the transition to a net-zero economy are being identified and proactively managed across the financial sector.

/regulation

Bank of England peers into the opaque world of DeFi

The Bank of England has begun to explore how to manage risks generated by the rapid initial growth of decentralised finance, or ‘DeFi’ applications.

/crypto

Bank of England CBDC forum membership represents cream of British banking industry

The Bank of England and HM Treasury have today announced the membership of the central bank digital currency (CBDC) Engagement and Technology Forums.