Tag: Bank of England

FinTechs and other non-bank lenders will not be able to access funding from the Bank of England that would help them deliver emergency loans, which has sparked accusations of the central bank hampering competition.

The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.

Back in March, the Bank of England introduced measures to support banks and financial institutions during the COVID-19 crisis. But now it has signalled that the support is about to end.

A global pandemic sweeping over the globe may have caused the UK to shut down everything but the most essential services, but the Financial Conduct Authority (FCA) still plans businesses to stick to the LIBOR shutdown timetable.

The Bank of England and Prudential Regulation Authority (PRA) have cancelled the 2020 annual stress tests, as part of a host of measures to help the market cope with COVID-19 (coronavirus).

British chancellor of the exchequer Rishi Sunak has announced that the government will carry out a review of the country’s FinTech sector. He revealed the...

Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England.

The Bank of England has chosen RegTech solution AutoRek to help automate their reconciliation process and boost efficiencies.

Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.

Two of the UK’s most influential authorities are looking to change how data is handled. MirrorWeb has written an article explaining what changes financial services firms can expect.