Tag: Bank of England
Bank of England FinTech chief underlines privacy, crime tackling benefits of...
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
Bank of England initiates climate stress tests to explore risks
The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Bank of England warns of potential risks of cloud data providers
Bank of England (BoE) may tighten controls over cloud data providers and other tech companies to counter potential risks to financial system stability resulting from the rise of FinTech, Deputy Governor Dave Ramsden said.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
UK to take less bureaucratic approach to regulations post Brexit
The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.
Will more regulatory data collection standardisation slash the value of RegTech?
Regulators around the world are working on implementing new standards for data collection and reporting. However, could this be a threat to the RegTech industry?
FCA, PRA and the Bank of England appoint new complaints officer
Amerdeep Somal has been named as the new complaints commissioner that will final stage of investigations into complaints against the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England.
Bank of England governor calls for cryptocurrency regulations
Andrew Bailey, governor at the Bank of England, has called on financial regulators to stop playing catch up in how they supervise digital payments methods such as stablecoin and cryptocurrencies.
The FCA, PRA and the Bank of England launch consultation into...
Three of the top UK financial industry regulators want to make it easier for businesses to raise their concerns.