23 April 2014

Latest articles for Bank of England


Bank of England and People's bank of China to develop Renminbi clearing house in London

28 March 2014  |  1283 views  |  0 Company announcement

The Bank of England and the People's Bank of China (PBoC) have agreed to sign a Memorandum of Understanding (MoU) on renminbi (RMB) clearing and settlement in London.


Settlement risks and cyber risks fill up BofE's inbox

18 March 2014  |  507 views  |  0 Company announcement

The Bank of England's supervision of financial market infrastructures - Annual Report is published today.


Bank of England contracts with Innovia for polymer banknotes

14 March 2014  |  759 views  |  0 Company announcement

Following the Bank's decision in 2013 to print the next £5 and £10 banknotes on polymer, the Bank is today announcing that it has entered into a contract with Innovia Security to supply the polymer material for the new-style £5 and £10 notes.


Swift ships high value backup system

10 March 2014  |  2563 views  |  1 News

Following a live launch at the Bank of England, financial messaging network Swift has released a new business continuity service for operators of national high value payments systems.


Bank of England launches banknote app

07 March 2014  |  1589 views  |  1 Company announcement

The Bank of England has today launched an interactive guide to banknotes, as part of its ongoing commitment to building awareness of the security features the public should look for in Bank of England banknotes.


Chaps hits 30

10 February 2014  |  775 views  |  0 Company announcement

CHAPS, one of the core parts of the UK's financial infrastructure, marks its 30th anniversary this Sunday (9 February 2014). CHAPS is the UK's high value same-day payment system which processes significantly larger values than any other UK payment system, processing over 92% of all intra-bank payments by value in the UK.


Bank of England publishes report into cyber-resilience exercise

05 February 2014  |  814 views  |  0 Company announcement

The Bank of England has today published the findings of the Waking Shark II exercise, which tested the wholesale banking sector's response to a sustained and intensive cyber-attack.


UK banks a "long way" from improving antiquated IT systems - PRA director

09 January 2014  |  4148 views  |  2 News

The UK banking sector is a "long way away" from addressing deficiencies in "antiquated" IT systems, a senior Bank of England official has told a parliamentary inquiry.


UK banknotes to go plastic in 2016

18 December 2013  |  3602 views  |  1 News

The Bank of England has confirmed that the UK's banknotes are going plastic, beginning in 2016 with a fiver featuring the face of Winston Churchill.


BofE says banks under cyber-attack

29 November 2013  |  4065 views  |  0 News

Several UK financial institutions have been hit in the last six months by cyber-attacks, some of which have disrupted services, according to the Bank of England.

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