Bank of England

276 results about this entity

Period: 02 Nov 2005 - 01 Aug 2024

/crypto

Japan to look at issuing digital yen

Japan is the latest country to announce intentions to launch a digital currency, Reuters has reported.

/ai

FCA & BofE launch AI and machine learning forum

The FCA and the Bank of England are to run a public/private forum to delve into the technical and public policy issues surrounding bank adoption of artificial intelligence and machine learning tools.

/crypto

Central banks form group to explore digital currency creation

Six of the world's central banks have come together to share their knowledge and experiences in assessing the potential cases for central bank digital currency (CBDC) in their home jurisdictions.

UK regulators flesh out digital data strategy

The Financial Conduct Authority and the Bank of England are working on the development of a new dynamic data strategy, with the aim of using advanced analytics and automation techniques to ease the regulatory process and deepen their understanding of market behaviour.

/regulation

FCA chief Andrew Bailey to be new Governor of the Bank of England

Andrew Bailey will become the new Governor of the Bank of England from 16 March 2020, the Chancellor has announced.

Bank of England audio feed hijacked to give traders a headstart

A back-up audio feed of press conferences given by the Bank of England was hijacked to release market-moving news to hedge fund managers ahead of official announcements.

Bank of England to model climate risks to financial firms

The Bank of England is to model the scale of climate-related risks to UK financial firms over a thirty-year time horizon.

/regulation

UK regulators crack down on bank IT outages

UK regulators have put together a set of requirements designed to strengthen the operational resilience of financial services players.

/sustainable

Disclosing sustainability does not guarantee sustainability

81% of banks are disclosing information on progressive climate-related public policy. According to a report by Boston Common Asset Management, this is a slight increase from 71% in 2018.

/sustainable

ECB poised to champion climate change action under Lagarde

As part of a strategic review of the ECB’s purpose, the bank’s president Christine Lagarde will underline action on climate change as a fundamental component of monetary policy.

/regulation

Bank of England dishes out £44 million fine to Citigroup for regulatory reporting failures

The PRA has imposed a combined financial penalty on Citigroup Global Markets Limited (CGML), Citibank N.A. London branch (CBNA London) and Citibank Europe Plc UK branch (CEP UK) (together, Citi) of £43.9 million for failings in relation to their internal controls and governance arrangements underpinning compliance with PRA regulatory reporting requirements.

Machine learning advancing in financial sector - Bank of England

Machine learning tools are now in use at two-thirds of UK financial institutions, with the technology entering a new phase of maturity and more advanced stages of deployment, according to a survey conducted by the Bank of England.