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

UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
November 06, 2023  |  Bank Regulation

Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. The Bank of England (BOE) and the country’s Financial Conduct Authority (FCA) on Monday (Nov....

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Bank of England Official Says Technology Increases Risk of Bank Runs
Bank of England Official Says Technology Increases Risk of Bank Runs
November 03, 2023  |  Banking

With technology increasing the risk of bank runs, central banks must ensure that banks maintain appropriate liquidity insurance. So said Andrew Hauser, executive director for...

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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Central Banks Debate Inflation Targets, Asset Purchases and Monetary-Fiscal Coordination
Central Banks Debate Inflation Targets, Asset Purchases and Monetary-Fiscal Coordination
October 22, 2023  |  Economy

Central banks worldwide are seeking lessons from the cost-of-living crisis, as they convene for their penultimate meetings of the year. The focus of their discussions...

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UK Banking Sector Reforms Pushed Back Six Months
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023  |  Bank Regulation

England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...

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British Finance Sector Wants Delay on New Capital Requirements
British Finance Sector Wants Delay on New Capital Requirements
August 06, 2023  |  Bank Regulation

England’s central bank is reportedly being pressured to forestall new capital requirements. That pressure, the Financial Times reported Sunday (Aug. 6) is coming from the British finance...

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BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
July 18, 2023  |  CBDC

As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...

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What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
July 17, 2023  |  Faster Payments

When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Boring implies...

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UK Could Make Overseas Banks Replace Branches With Subsidiaries
UK Could Make Overseas Banks Replace Branches With Subsidiaries
July 04, 2023  |  Banking

Great Britain’s central bank is considering new restrictions on international banks doing business in England. As the Financial Times reported Tuesday (July 4), the Bank...

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