Bank of England

289 results about this entity

Period: 02 Nov 2005 - 15 Jan 2025

/crypto

UK kicks off consultation on digital pound

The UK government is speeding up its consultation on the introduction of a digital pound in the face of looming threats to monetary sovereignty from privately-backed Big Tech alternatives.

/payments

The Bank of England unveils design of King Charles III banknotes

Today the Bank of England unveiled the design of the King Charles III banknotes.

/regulation

TSB fined £48.6 million over operational resilience failures

UK regulators have levied a £48.6 million fine on the TSB for a bungled IT migration programme in 2018 that locked customers out of their accounts for weeks and led to months of ongoing technical problems.

/regulation

Bank of England outlines plans to preserve wholesale cash distribution

The Bank of England has outlined new measures to underpin retail acess to cash for businesses and individuals under new powers granted in the Financial Serives and Market Bill.

/payments

Bank of England seeks applications for £200K CBDC wallet prototype

The Bank of England is seeking applications for a sample wallet for a Central Bank Digital Currency.

/regulation

PRA consults on ways to simplify the prudential regulations faced by small, non-systemic UK firms

Today, the Prudential Regulation Authority (PRA) has published revised proposed criteria (‘Simpler-regime criteria’) for determining which firms would be in scope of the ‘strong and simple’ prudential framework that the PRA is developing.

/crypto

FTX implosion shows need for crypto regulation - BofE's Cunliffe

The collapse of FTX, and the fact that its failures were more organisational than technological, highlights the importance of properly regulating the crypto sector, says Bank of England deputy governor Jon Cunliffe.

/regulation

Regulatory and legacy system constraints hampering machine learning deployment

UK financial firms blame a lack of regulatory clarity and legacy systems for constraining deeper deployment of machine learning technology, according to a survey conducted by the Bank of England.

/payments

Sibos 2022: ISO 20022 harmonisation delay for CPMI to ‘get the guidance right’ - BofE

The Financial Stability Board (FSB) today published priority themes for the next phase of the G20 Roadmap for Enhancing Cross-Border Payments, delivering a handful of updates and timeline revisions to its 2021 Progress Report.

/regulation

Minutes of BofE CBDC engagement forum

Item 1: Welcome Co-chairs Gwyneth Nurse and Jon Cunliffe welcomed Members to the fourth meeting of the CBDC Engagement Forum.

/crypto

Cryptoassets in the metaverse could cause systemic risk - BofE

If an open and decentralised metaverse grows, the risks from cryptoassets may scale to have systemic financial stability consequences, say a pair of Bank of England wonks.

/regulation

UK regulators propose supervision measures for critical third parties

A discussion paper from the Bank of England (BofE), Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA) proposes new standards for monitoring services provided by critical third parties (CTP) to strengthen operational resilience in the UK.