Tag: 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.

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.

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 have released a shared policy summary on new requirements to strengthen operational resilience in the financial services sector.

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.

Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it.

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.

In a world first, Mark Carney, the Bank of England governor, has pledged to stress test the bank against climate pathways.

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.

The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.