Tags Bank of England

Tag: Bank of England

Bank of England begins building out its CBDC team

The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to PYMNTS.

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 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.

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.

Bank of England set to launch CBDC consultation in 2022

The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.

Bank of England to crack down on banks who lack climate...

The Bank of England (BofE) has revealed it intends to crack down on banks and insurers who fail to hold enough capital to cover risks from climate change from next year.

FCA to team with BofE to develop blockchain-based regulatory reporting initiative

The Financial Conduct Authority (FCA) is teaming with the Bank of England (BofE) to launch a blockchain-based regulatory reporting solution to tackle rising compliance costs.

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