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.
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.
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.
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.
LCH.Clearnet Ltd, LCH.Clearnet Group's UK-based central counterparty (CCP), today announced that the Bank of England approved its application as a central counterparty under the European Market Infrastructure Regulation (EMIR).
The Bank of England has set out a new framework designed to test for cyber vulnerabilities at financial institutions.
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.
The Bank of England's supervision of financial market infrastructures - Annual Report is published today.
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.
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.
© Finextra Research 2014