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Institutional FX
Market Infrastructure Providers Greenlight BoE, FCA Supervision
The FCA is also seeking to enhance the UK's asset management laws.
Moreover, the markets supervisor is planning a new financial promotions regime.
Friday, 24/02/2023 | 16:22 GMT
by
Solomon Oladipupo
CryptoCurrency
Bank of England Pays £200k for Proof of Concept CBDC Wallet
BoE wants to build a simple CBDC deposit and withdrawal tool in five months.
The “Sample Wallet” will test different solutions before further on the UK’s digital currency.
Monday, 12/12/2022 | 10:14 GMT
by
Damian Chmiel
News
Bank of England Issues Warning on Rising Crypto Market
According to the BOE, crypto assets are risky for UK’s financial stability.
The Bank also highlighted the recent developments in the global crypto ecosystem.
Friday, 17/12/2021 | 10:44 GMT
by
Bilal Jafar
News
BOE Governor Raises Concerns over El Salvador's Bitcoin Move
Recently, the International Monetary Fund warned the country about its Bitcoin policy.
Monday, 29/11/2021 | 06:59 GMT
by
Bilal Jafar
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Executive Moves
Governor BOE Appoints Martin Pluves as an External Member of the FMI Board
Pluves previously served as CEO of LCH Limited.
Monday, 13/09/2021 | 12:46 GMT
by
Bilal Jafar
Exchanges
FCA & BoE Push Liquidity Providers to Adopt New Quoting Conventions
The financial institutions want liquidity providers to move away from LIBOR and towards SONIA.
Tuesday, 29/09/2020 | 06:11 GMT
by
Celeste Skinner
Thought Leaders
CEO Spotlight: Alon Rajic on the Future of UK/EU Trade and Economics
Alon Rajic, founder and CEO of Finofin Ltd and owner of MoneyTransferComparison discusses the latest trends.
Monday, 24/02/2020 | 13:11 GMT
by
Finance Magnates Staff
Executive Moves
FCA CEO Andrew Bailey Named as Next Governor of BoE
Bailey will start the position on May 16, 2020.
Friday, 20/12/2019 | 11:22 GMT
by
Celeste Skinner
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Execution
FCA, BoE, CFTC Agree on Derivatives Market Post-Brexit Measures
The three agencies have agreed on measures to ensure a smooth transition of the derivatives markets after Brexit.
Monday, 25/02/2019 | 11:19 GMT
by
Celeste Skinner
Execution
Trading Volumes in GBP Sink in 2018, Weighed Down by Brexit
As the GBP became increasingly volatile, investors pulled away from the currency.
Thursday, 21/02/2019 | 14:41 GMT
by
Celeste Skinner
Execution
UK FX Volumes Drop in October But London Dominance Continues
London volumes showed the largest proportional rebound of the six regions surveyed.
Tuesday, 29/01/2019 | 22:31 GMT
by
Aziz Abdel-Qader
News
BoE’s Regulatory Arm Warns Financial Firms of Crypto-Assets Risks
Appropriate steps to lessen the risk of crypto-assets include developing staff knowledge and expertise on cryptocurrencies.
Thursday, 28/06/2018 | 21:24 GMT
by
Aziz Abdel-Qader
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News
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
Tuesday, 29/05/2018 | 08:41 GMT
by
Jeff Patterson
News
BoE’s Carney Sees Crypto Regulation Evolving on Country-by-Country Basis
“I would have greater expectation of a series of national steps rather than some big coordinated approach.”
Friday, 02/03/2018 | 12:21 GMT
by
Jeff Patterson
News
BoE's Governor Carney Says Bitcoin Fails as a Substitute Currency
The central bank is in no rush to embrace the new technology.
Monday, 19/02/2018 | 21:09 GMT
by
Aziz Abdel-Qader
News
Bank of England to Beat Bitcoin with Rival Cryptocurrency Coming Out in 2018
A research unit is expected to report on the matter within the next 12 months, though the endgame is far from clear.
Monday, 01/01/2018 | 18:47 GMT
by
Aziz Abdel-Qader
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Thought Leaders
UK Blockchain-Friendly Bank Fiinu, Offers Money Back Guarantee with ICO
Fiinu is offering investors a minimum 90 percent of their investment back guaranteed.
Monday, 23/10/2017 | 11:55 GMT
by
Jeff Patterson
Blogs
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.
Friday, 14/07/2017 | 13:06 GMT
by
Guest Contributors Institutional
Execution
London FX Volume Shrinks to $2.41 Trillion, Secures 37% Share on Global Trading
Hedge funds were also suffering with volumes falling by more than 50 percent to $164 billion.
Friday, 16/12/2016 | 16:57 GMT
by
Aziz Abdel-Qader
Prime Brokerage
Will BOE Governor Carney Stay or Go?
Whether Mark Carney will extend his tenure as BOE governor or not has become a hotly-debated talking point.
Monday, 31/10/2016 | 10:36 GMT
by
Finance Magnates Staff
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Execution
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 regulatory framework.
Tuesday, 20/09/2016 | 07:33 GMT
by
Jeff Patterson
Execution
Big Guns at Major Banks Getting Ready For Restless Brexit Trading
The coming week in the markets will be all about the Brexit vote.
Sunday, 19/06/2016 | 07:11 GMT
by
Aziz Abdel-Qader
News
UBS Chairman: Bitcoin Currency Will Fail, Has No Lender of Last Resort
The chairman of UBS, Axel Weber, believes that Bitcoin's prospects as a currency are bleak, but its blockchain holds promise.
Thursday, 12/11/2015 | 18:09 GMT
by
Leon Pick
Blogs
Subdued Inflation Sees the BOE on Hold for Longer
Given the UK's return to deflation and dip in Core CPI back to 1%, combined with dovish MPC minutes, we see GBP as a weak bullish currency.
Thursday, 15/10/2015 | 11:23 GMT
by
Jarratt Davis
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Blogs
Trading GBP/USD before BoE Action
The Non-Farm Payrolls from past Friday and the BoE coming up this Thursday, gives us an opportunity to reflect on the GBP/USD.
Wednesday, 07/10/2015 | 06:07 GMT
by
Merav Brenner
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