27 March 2015

Latest articles for Bank of England

 

BofE rapped over crisis management failings in RTGS breakdown

25 March 2015  |  2221 views  |  0 News

The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.

 

Bank of England could issue own digital currency

26 February 2015  |  10190 views  |  3 News

Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency.

 

Bank of England stages data visualisation contest

26 February 2015  |  4441 views  |  0 News

The Bank of England is staging a competition to uncover insightful ways of representing and interpreting newly-released data sets.

 

Financial sector must improve cyber defences - BofE

23 January 2015  |  8585 views  |  0 News

Britain's banks must do more to protect themselves from cyber attacks, says the Bank of England, following an analysis of the perimeter defences and operational resilience of 36 of the nation's top financial service providers.

 

Bank of England turns to Twitter and Facebook to help set interest rates

02 January 2015  |  20387 views  |  5 News

The Bank of England is setting up a taskforce to monitor social media posts and online jobs boards to get a clearer picture of economic activity and help inform monetary policy decisions.

 

Bank of England appoints Deloitte to probe Chaps breakdown

24 November 2014  |  7397 views  |  0 News

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

 

No evidence of BoE impropriety in FX market - Lord Grabiner QC report

12 November 2014  |  1005 views  |  0 Company announcement

The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was involved in, or aware of, conduct issues in the foreign exchange (FX) market.

 

Government rounds on Bank of England following Chaps breakdown

21 October 2014  |  12305 views  |  5 News

The Bank of England is coming under intense political pressure to provide a more detailed explanation of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, on Monday.

 

Bank of England awards banknote printing contract to De La Rue

13 October 2014  |  1508 views  |  0 Company announcement

De La Rue is delighted to announce that it has today signed a new 10 year contract with the Bank of England to print its sterling banknotes at the Bank's facility in Debden, Essex.

 

Hong Kong signs for Swift RTGS backup system

18 September 2014  |  3431 views  |  1 News

Hong Kong Interbank Clearing Limited (HKICL) has signed up to deploy Swift's new Market Infrastructure Resiliency Service (MIRS), which provides a backup to the territory's real time gross settlement (RTGS) system in the event of a catastrophic breakdown.

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