Bank of England to Add CBDC Support to New Payment System The $195 million new system is expected to launch in 2022.
Bank of England Governor Warns Against Impact of CBDC on Fiat The BoE is currently looking into the feasibility of such a digital currency.
FCA Warns Firms Need to Accelerate LIBOR Transition Prep Although some progress was made in 2019, the regulator warned there is much to do by 2021 end date.
FCA, BoE and PRA Get New Powers for Hard Brexit UK financial regulators will have extra powers if a deal with the European Union doesn’t materialize
FCA: New Settlement Internalization Reporting Obligations From July 2019, firms within the United Kingdom will be obliged to report settlement internalisation to the BoE.
G20 Advisory Body Monitors Cryptocurrency, Releases Report The Financial Stability Board does not consider cryptocurrency a threat to financial stability, yet.
Bank of England Continues to Float Possibility of State-Backed Crypto Mark Carney has reiterated the benefits of blockchain, though noted it’s not a top priority for the bank
Bank of England Publishes Working Paper Exploring State-Backed Crypto Three models for a central bank digital currency were laid out.
Bank of England Conducts Further Blockchain Tests The central bank conducted an exercise to see how privacy affects resilience.
UK Central Bank Signs FX Global Code, Prime Brokers Next in Line After the process is complete, all FX market participants will be required to commit.
Is This the End of the Bank of England’s Quantitative Easing Programme? Loved and cherished after its introduction, QE is now seen as no longer effective and no longer necessary.
Bank of England Implicated in Libor Fixing: BBC Panorama The central bank of the UK has been pressuring libor rates during the great financial crisis.
BoE Maintains Bias Towards Additional Rate Cuts in 2016 The Bank of England is still in wait and see mode until Article 50 is invoked.
Bank of England Authorizes ICE Clear Europe as Central Counterparty ICE Clear Europe has garnered approval from the Bank of England as a CCP in accordance with the EMIR ...
RBS May Charge Firms to Hold Deposits if Interest Rate Cut Below Zero A letter sent to 1.3 million business customers warns that RBS may start charging interest on credit balances.
BoE Liqudity Round Sees Two-Fold Demand After Brexit Convulsions UK institutions demanded over double the allotted liquidity from the BoE in its latest auction.
Bank Of England Governor Issues Statement to Pacify the Markets on Brexit Governor Mark Carney has issued a statement detailing its reaction to Brexit.
Bank of England Gets into Fintech Space with Accelerator for Innovations The Old Lady is aiming to keep pace with challenges by inviting fintech firms to participate in its new ...
Heads We Win, Tails You Lose: Business as Usual if You Buy into RSCoin Why bitcoin and public blockchains trump trusting the banks, by First Global Credit CEO Gavin Smith.
UK’s Biggest Banks Pass Central Bank’s Stress Test In the 2015 edition of the test, all seven of the largest lenders in the country passed, although two ...