Bank of England - News, Articles & Research

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.

10 January 2022

Company announcement/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.

04 January 2022

News/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".

10 November 2021

Company announcement/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.

09 November 2021

Company announcement/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.

28 October 2021

News/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.

14 October 2021

Company announcement/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.

29 September 2021

News/regulation

BofE warns banks about regulatory reporting failures

The Bank of England has chided some banks and building societies for failing to supply accurate and reliable data to help regulators identify risks to the financial system.

16 September 2021

News/crypto

Sunak: "No, we're not replacing cash with 'Britcoin'."

UK chancellor Rishi Sunak has taken to Twitter and LinkedIn to clear up misconceptions about the Bank of England's work on a future digital currency.

27 July 2021

News/cloud

Bank of England frets over stability of Big Tech cloud providers

The Bank of England is warning that additional policy measures may be required to mitigate financial stability risks from the growing concentration of power in the hands of global cloud providers.

13 July 2021

News/regulation

Bank of England reprimands Euroclear over settlement outage

The Bank of England has taken supervisory action against Euroclear following a settlement outage that resulted in notable market disruption in Ireland last year.

25 June 2021

News/regulation

CBDCs can protect privacy and still tackle crime - BofE's fintech chief

The introduction of a central bank digital currency does not necessarily require a tradeoff between privacy and tackling financial crime, according to the Bank of England's fintech chief.

22 June 2021