Payments Vision Delivery Committee update
The National Payments Vision set out the government’s ambitions for a world-leading payments ecosystem which drives innovation, supports competition and ensures security, in line with the Growth Mission.
The National Payments Vision set out the government’s ambitions for a world-leading payments ecosystem which drives innovation, supports competition and ensures security, in line with the Growth Mission.
The Bank of England (‘the Bank’) has announced a package of measures designed to maintain stability in the financial sector while offering new growth opportunities for mid-sized banks and building societies.
The Artificial Intelligence Consortium (AIC) aims to provide a platform for public-private engagement to further dialogue on the capabilities, development, deployment, use, and potential risks of artificial intelligence (AI) in UK financial services.
The Bank of England (the “Bank”) has fined Vocalink Limited (“Vocalink”) £11,900,000 in respect of a compliance failure under section 196 of the Banking Act 2009 (the “Act”). This is the first time the Bank has fined a financial market infrastructure firm.
Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.
The PRA, FCA and the Society of Lloyd’s have agreed changes to streamline the process of regulatory approval for Lloyd’s managing agents, intended to reduce the timeframe for authorisation.
The Bank of England is asking the public to give their views on what theme they would like to see represented in the design of the next series of banknotes – through a consultation launching today (2 July 2025).
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
In December 2023 the Bank’s Court of Directors commissioned its Independent Evaluation Office (IEO) to conduct an evaluation of whether the Bank uses horizon scanning effectively to inform decision-making and support its mission.
The FMI Annual Report sets out how the Bank has exercised its responsibilities in respect of supervising financial market infrastructures since the last report.