Bank of England

The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.

Source: bankofengland.co.uk

Deutsche Bank Admits Widespread Payment Failures To BoE
Deutsche Bank Admits Widespread Payment Failures To BoE
November 12, 2019  |  Bank Regulation

Deutsche Bank told U.K. regulators that it still has ongoing problems processing high-value payments despite more than three years of remediation efforts, the Financial Times...

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Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
November 07, 2019  |  Regulation

The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, according to a report by Reuters....

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BOE Head: Central Banks Provide Stability In FinTech Era
BOE Head: Central Banks Provide Stability In FinTech Era
October 16, 2019  |  Banking

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. While Mark Carney...

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The Central Bank Conundrum On Cryptos
The Central Bank Conundrum On Cryptos
October 11, 2019  |  Cryptocurrency

For central banks, when it comes to cryptocurrencies, there’s no central theme. Whether the advent of digital coins signifies an existential threat to monetary policy...

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Bank Of England Handing Down Strict Regulations For Libra
Bank Of England Handing Down Strict Regulations For Libra
October 09, 2019  |  Cryptocurrency

The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow...

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Facebook Lobbied UK For Libra Support Pre-Launch
Facebook Lobbied UK For Libra Support Pre-Launch
September 18, 2019  |  Cryptocurrency

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed...

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26 EU Central Bankers Set To Grill Libra Execs Today
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019  |  Cryptocurrency

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the...

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East African Country Burundi Prohibits Cryptocurrency Trading
East African Country Burundi Prohibits Cryptocurrency Trading
September 04, 2019  |  Cryptocurrency

Saying it can’t provide users of cryptocurrencies protection in case of trouble, Burundi banned the trading of digital currencies in the country, Bloomberg reported. A...

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Regulators Say Facebook’s Libra Will Need Scrutiny 
Regulators Say Facebook’s Libra Will Need Scrutiny 
June 25, 2019  |  Cryptocurrency

More financial regulators are talking about Libra and saying that Facebook’s recently announced cryptocurrency won’t launch without close scrutiny, according to a report by the...

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