Tag: Bank of England

UK banking licence eludes Revolut amidst financial scrutiny and executive exodus

The Bank of England is reportedly on the brink of dismissing Revolut's persistent bid for a UK banking licence

Bank of England heads simulation to test UK financial sector resilience

The Bank of England has partnered with HM Treasury and the Financial Conduct Authority to undertake a two-day simulation exercise.

Are regulatory constraints hindering machine learning development?

A Bank of England survey has found UK financial companies blame a lack of regulatory clarity and legacy systems for hampering the deployment of machine learning technology.

Bank of England could face showdown with Truss over EU rulebook...

The EU is planning to ease its own Basel rulebook and diverge in certain areas, meaning UK banks could be forced to implement tougher standards, TBC UK has claimed.

Bank of England and MIT partner for CBDC research

The Bank of England has teamed up with the Massachusetts Institute of Technology (MIT) for a 12-month research project around central bank digital currency (CBDC).

Bank of England urges crypto firms to ensure sanctions enforcement

The Bank of England has called on crypto companies to make sure sanctions are enforced in light on the continuing conflict between Russia and Ukraine.

UK Regulators issue guidance on AI

The Bank of England and Financial Conduct Authority (FCA) have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.

How the Bank of England is helping to fight climate change

As the fight against climate change continues to expand in industry upon industry, many of the big players in finance are readjusting their policies to ensure they can aid the fight.

UK financial regulators team to conduct payment systems review

Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.

The PRA underlines 2022 supervisory priorities for international banks in the...

The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.

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