31 January 2015

Latest articles for Bank of England


Financial sector must improve cyber defences - BofE

23 January 2015  |  7496 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  |  19291 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  |  6815 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  |  949 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  |  12034 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  |  1390 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  |  3286 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.


Bank of England takes a closer look at bitcoin potential

11 September 2014  |  6968 views  |  0 News

Digital currencies do not currently pose a material risk to monetary or financial stability in the United Kingdom, says the Bank of England, but the underlying technology does have the potential to transform the financial system more generally.


Nationwide selects AxiomSL for COREP reporting and XBRL submissions

10 September 2014  |  1337 views  |  0 Company announcement

AxiomSL, a global provider of regulatory reporting and risk management solutions, was selected by Nationwide Building Society to deliver Bank of England (BOE), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) reporting requirements.


De La Rue named preferred bidder for BofE plastic banknote contract

08 September 2014  |  3249 views  |  0 News

As it prepares to move to plastic banknotes, the Bank of England has named De La Rue as the preferred bidder for a 10-year printing contract.

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