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’s FCA Charts Path From Open Banking to ‘Open Finance’

UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. Get...

READ MORE >
UK Central Bank Weighs ‘Concierge Service’ to Draw Foreign Investments
UK Central Bank Weighs ‘Concierge Service’ to Draw Foreign Investments
January 20, 2025  |  Bank Regulation

The Bank of England could establish a “concierge service” to help foreign companies do business in the United Kingdom. Get the Full Story Complete the...

READ MORE >
NYDFS Launches Regulatory Exchange With Bank of England
NYDFS Launches Regulatory Exchange With Bank of England
January 13, 2025  |  Partnerships

New York’s state financial watchdog launched a resource-sharing partnership with the Bank of England. Get the Full Story Complete the form to unlock this article...

READ MORE >
Bank of England Aims to Loosen Rules for Lenders and Insurers
Bank of England Aims to Loosen Rules for Lenders and Insurers
January 08, 2025  |  Bank Regulation

The Bank of England has reportedly announced plans to relax rules for banks and insurers. Get the Full Story Complete the form to unlock this...

READ MORE >
UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Legal & Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

READ MORE >
Bank of England: Non-Banks Could Pose New Risks to Financial Stability
Bank of England: Non-Banks Could Pose New Risks to Financial Stability
December 09, 2024  |  Banking

Non-bank financial institutions like pension funds, insurance companies, hedge funds and money market funds could present risks to financial stability as their role in the...

READ MORE >
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
November 29, 2024  |  Economy

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). Get the Full Story Complete the form to unlock this...

READ MORE >
Bank of England Prepares for CBDC if Commercial Banks Fail to Innovate
Bank of England Prepares for CBDC if Commercial Banks Fail to Innovate
October 28, 2024  |  CBDC

If commercial banks don’t provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC), Bank of England...

READ MORE >