Bank of England

276 results about this entity

Period: 02 Nov 2005 - 01 Aug 2024

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Hong Kong signs for Swift RTGS backup system

Hong Kong signs for Swift RTGS backup system

Hong Kong Interbank Clearing Limited (HKICL) has signed up to deploy Swift's new Market Infrastructure Resiliency Service (MIRS), which provides a backup to the territory's real time gross settlement (RTGS) system in the event of a catastrophic breakdown.

Bank of England takes a closer look at bitcoin potential

Bank of England takes a closer look at bitcoin potential

Digital currencies do not currently pose a material risk to monetary or financial stability in the United Kingdom, says the Bank of England, but the underlying technology does have the potential to transform the financial system more generally.

De La Rue named preferred bidder for BofE plastic banknote contract

De La Rue named preferred bidder for BofE plastic banknote contract

As it prepares to move to plastic banknotes, the Bank of England has named De La Rue as the preferred bidder for a 10-year printing contract.

BofE unveils cyber-security framework

BofE unveils cyber-security framework

The Bank of England has set out a new framework designed to test for cyber vulnerabilities at financial institutions.

Swift ships high value backup system

Swift ships high value backup system

Following a live launch at the Bank of England, financial messaging network Swift has released a new business continuity service for operators of national high value payments systems.

UK banks a "long way" from improving antiquated IT systems - PRA director

UK banks a "long way" from improving antiquated IT systems - PRA director

The UK banking sector is a "long way away" from addressing deficiencies in "antiquated" IT systems, a senior Bank of England official has told a parliamentary inquiry.

UK banknotes to go plastic in 2016

UK banknotes to go plastic in 2016

The Bank of England has confirmed that the UK's banknotes are going plastic, beginning in 2016 with a fiver featuring the face of Winston Churchill.

BofE says banks under cyber-attack

BofE says banks under cyber-attack

Several UK financial institutions have been hit in the last six months by cyber-attacks, some of which have disrupted services, according to the Bank of England.

Britain's banks told to draw up cyber-attack plans

Britain's banks told to draw up cyber-attack plans

Britain's financial institutions must put concrete plans in place over the next few months to deal with the growing threat of cyber-attacks, the Bank of England has warned.

UK could get plastic banknotes by 2016

UK could get plastic banknotes by 2016

The Bank of England is to undertake a UK roadshow to gauge public opinion on the introduction of plastic banknotes.

UK banks spooked more by cybercrime than economic slump

UK banks spooked more by cybercrime than economic slump

Fear of cybercrime has overtaken the eurozone crisis and economic malaise as the most pressing issue facing the UK's top banks, a senior Bank of England official says.

LCH.Clearnet hit by major New Year's Eve IT failure

LCH.Clearnet hit by major New Year's Eve IT failure

LCH.Clearnet suffered a serious IT failure on 31 December, affecting payment processing and hindering the clearing house's contingency plans, according to the Bank of England.

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