Bank of England

276 results about this entity

Period: 02 Nov 2005 - 01 Aug 2024

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/payments

Bank of England lays down strict guideliness for Facebook's Libra

The Financial Policy Committee has agreed a set of principles that will guide its assessment of how prudential regulation and supervision should adjust to fast-moving developments in payments activities, which are currently a focal point for innovation in financial services.

/payments

Bank of England unveils new polymer £20 note

Today, Governor Mark Carney unveiled the design of the new £20 note featuring the artist JMW Turner.

BofE to stress test financial system against climate pathways

/regulation

BofE to stress test financial system against climate pathways

As the financial services industry faces up to the threat of climate change, the Bank of England is to become the first global regulator to stress test its system against different "climate pathways", says governor Mark Carney.

/security

Bank of England publishes results of cyber-resilience simulation exercie

The Bank of England has today published the high level findings of the financial sector (“sector”) cyber simulation exercise that took place on 9 November 2018. Related links

Carney: Digital currencies could counter the destabilising influence of the US dollar

Carney: Digital currencies could counter the destabilising influence of the US dollar

Bank of England governor Mark Carney has posited the creation of a network of central bank digital currencies as a means of overcoming the destabilising dominance of the US Dollar on international trade.

Carney positive on Facebook's Libra; says BofE could open up balance sheet to new players

Carney positive on Facebook's Libra; says BofE could open up balance sheet to new players

Facebook's new digital currency, Libra, could "substantially improve financial inclusion and dramatically lower the costs of domestic and cross border payments," Bank of England governor Mark Carney has said in a speech during which he also revealed the central bank could open up access to its balance sheet to new payment providers.

Regulators and politicians respond to Facebook's crypto plans

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

BoE issues cyber attack warning

BoE issues cyber attack warning

Banks would struggle to defend themselves against a state-sponsored cyber attack that corrupted their records over a period of months, according to a Bank of England (BoE) official.

/security

Regulatory bodies from the UK and Singapore to collaborate on cyber security

The Monetary Authority of Singapore (MAS), Bank of England and the Financial Conduct Authority announced today that they would be working together to strengthen cyber security in their financial sectors.

UK regulators to form post-trade technology working group

UK regulators to form post-trade technology working group

UK regulators are to convene an industry-led 'Technology Working Group' to drive reforms in post-trade processing in a bid to encourage innovation, reduce complexity and increase systemic resilience.

Bank of England slammed over outdated IT and culture

/regulation

Bank of England slammed over outdated IT and culture

The Bank of England has been hauled over the coals by a Common Select Committee in a searing critique of its outmoded technology estate, culture and procurement activities.

Bank of England takes action over Visa outage

/regulation

Bank of England takes action over Visa outage

The Bank of England is to take supervisory action against Visa following a widespread outage last year that disrupted payments for millions of shoppers across Europe.

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