Bank of England

286 results about this entity

Period: 02 Nov 2005 - 22 Nov 2024

/payments

EBAday 2021: Do we really need CBDCs?

The highly anticipated session scheduled for day two of the upcoming EBAday 2021, titled ‘Do we really need Central Bank Digital Currencies?’ is focused on answering this precise question.

/sustainable

Bank of England kicks off climate stress tests

The CBES uses three scenarios of early, late and no additional action to explore the two key risks from climate change: the risks arising from the significant structural changes to the economy needed to achieve net zero emissions – ‘transition risk’ and risks associated with higher global temperatures – ‘physical risks’.

/crypto

Bank of England lays down regulatory expectations for stablecoins

The Bank of England says stablecoins used as money would be expected to face the same regulatory standards as those attached to bank deposits.

/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

/crypto

Central bankers split on CBDC future

The debate over the value of CBDCs continues to simmer, with central bankers on either side of the pond weighing in with very different opinions.

/crypto

Pro-Bitcoin images projected onto BofE building

An anonymous artist/activist has spent the weekend projecting pro-bitcoin messages onto the walls of the Bank of England and the Houses of Parliament.

/regulation

PRA proposes simpler post-Brexit compliance framework for smaller institutions

The Prudential Regulation Authority (PRA) has today published a discussion paper (DP) that explores options for developing a simpler but no less resilient prudential framework for banks and building societies that are neither systemically important nor internationally active.

/payments

EBAday 2021: Why privacy is key to progressing a digital euro

The European Central Bank (ECB) president Christine Lagarde first told reporters in March 2021 that the delivery of a digital euro would be decided upon within months, and suggested that four years would be a realistic timeframe for the development and issuance of a digital euro. However, the decision to pursue it has yet to be made by the ECB Governing Council, which will base its decision on its own preliminary work, and recently released responses to its public consultation.

/payments

Bank of England reviews operational footprint in light of Covid and waning demand for cash

The Bank of England is to create a new northen operations hub in Leeds as it prepares for the closure of its cash distribution centre in the city.

/startups

Ramsden reflects on changing relationship between the Bank of England and fintech

Dave Ramsden talks about how we support the safe development of fintech services in the UK.

/wholesale

Rishi Sunak announces UK Treasury and BofE fintech taskforce to explore CBDC

Chancellor of the exchequer Rishi Sunak announced today the launch of new fintech taskforce to “coordinate exploratory work on a potential central bank digital currency,” led by the UK Treasury and Bank of England.

/payments

BofE unveils new £50 note

Today, Governor Andrew Bailey unveils the design of the new £50 banknote featuring the scientist Alan Turing.