Tag: Bank of England

UK mortgage capital rules set for shake-up

The Prudential Regulation Authority (PRA) has launched a wide-ranging discussion on proposals to reform how mid-sized lenders calculate capital requirements for residential mortgages. The...

ALMIS® Regulus simplifies regulatory reporting

Regulatory reporting is one of the most complex challenges financial institutions face today. ALMIS® International has addressed this issue head-on with ALMIS® Regulus, a...

Flagstone tackles savings inertia with rollover feature

Flagstone, a large savings platform in the UK, has launched an automated tool designed to help customers maximise the returns on their savings.

Are you EMIR-ready? Key changes coming in December

As part of the UK’s ongoing efforts to enhance financial market transparency, the Financial Conduct Authority (FCA) and the Bank of England have issued...

New UK payments MoU sharpens roles and joint strategy

UK financial regulators have renewed their commitment to better coordination in the fast-evolving payments sector through an updated Memorandum of Understanding (MoU). According to Finextra,...

BoE AI project spots 12% more fraud in payment data

The Bank of England (BoE), in collaboration with the BIS Innovation Hub in London, has conducted a pioneering experiment using AI to detect fraud...

Bank of England highlights AI’s potential threats to financial stability

As the Bank of England's Financial Policy Committee scrutinizes the integration of advanced AI technologies in trading and investment activities, it has raised concerns...

Bank of England outlines plans for Digital Pound Lab in new...

The Bank of England has announced the establishment of the Digital Pound Lab, a significant step in its ongoing initiative to potentially introduce a digital currency, dubbed 'Britcoin'.

Bank of England leads major resilience test to safeguard UK economy

The Bank of England, alongside UK Finance and various other financial authorities including HM Treasury and the Financial Conduct Authority, recently spearheaded a critical simulation known as SIMEX 24.

How digital innovation and sustainability are shaping wealth management

During the third quarter of 2024, the wealth management sector witnessed shifts, heavily influenced by sustainability, digital innovation, and regulatory adjustments.

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