Tags Bank of England

Tag: Bank of England

The Bank of England is going to start putting a stop...

Back in March, the Bank of England introduced measures to support banks and financial institutions during the COVID-19 crisis. But now it has signalled that the support is about to end.

The FCA says LIBOR expectations have not changed because of the...

A global pandemic sweeping over the globe may have caused the UK to shut down everything but the most essential services, but the Financial Conduct Authority (FCA) still plans businesses to stick to the LIBOR shutdown timetable.

Bank of England cancels 2020 stress test

The Bank of England and Prudential Regulation Authority (PRA) have cancelled the 2020 annual stress tests, as part of a host of measures to help the market cope with COVID-19 (coronavirus).

UK government launches review on how to support the country’s FinTech...

British chancellor of the exchequer Rishi Sunak has announced that the government will carry out a review of the country’s FinTech sector. He revealed the...

Revolut is lining up to apply for a UK banking licence...

Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England.

The Bank of England picks AutoRek to automate reconciliation

The Bank of England has chosen RegTech solution AutoRek to help automate their reconciliation process and boost efficiencies.

FCA appoints interim chief executive to take over when Andrew Baily...

Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.

Three things that may change with the FCA and the Bank...

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.

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.