Tag: Bank of England
FCA and the Bank of England tell financial firms it’s time...
The traditional way banks calculated interest rates if it would borrow from other banks is about to end. And it is time financial services firms prepare for it.
FCA and Bank of England propose changes to improve data and...
The Financial Conduct Authority (FCA) and the Bank of England has revealed plans to enhance its data and analytics capabilities to enhance monitoring of the UK’s financial sector.
UK regulators release proposals for operational resilience
UK regulators have released a shared policy summary on new requirements to strengthen operational resilience in the financial services sector.
Regulators must punish traditional and challenger banks harsher to avoid IT...
British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.
The FCA and the Bank of England find that two-thirds of...
Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it.
Why the Bank of England governor doesn’t think central banks will...
Startups around the world are leveraging technology to transform financial markets, but despite their stellar track-record to date, the governor of the Bank of England is not worried.
Bank of England has set out to become the first global...
In a world first, Mark Carney, the Bank of England governor, has pledged to stress test the bank against climate pathways.
Singapore and UK authorities team up to conquer cybersecurity
The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.
Bank of England says it will not stifle FinTech
The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.