Bank of England Press Releases - EIN Presswire - Press Release Distribution Service

Published on April 12, 2024 - 16:55 GMT

Response of the Bank of England to the Bernanke review of forecasting for monetary policy making and communication at the Bank of ...

The Bank of England was delighted that Dr Bernanke agreed to conduct a review on its behalf into the Bank’s forecasting and related processes during times of significant uncertainty. It is very grateful to Dr Bernanke for his ‘Forecasting for monetary …

Distribution channels: Banking, Finance & Investment Industry

Published on April 12, 2024 - 16:55 GMT

Forecasting for Monetary Policy making and communication: A Review

In July 2023 the Court of the Bank of England announced that Dr Ben Bernanke would lead an independent review into the Bank’s forecasting and related processes during times of significant uncertainty. That Review, published today, provides a thorough …

Distribution channels: Banking, Finance & Investment Industry

Published on April 12, 2024 - 16:55 GMT

Forecasting for monetary policy making and communication at the Bank of England: a review

In July 2023 the Court of the Bank of England announced that Dr Ben Bernanke would lead an independent review into the Bank’s forecasting and related processes during times of significant uncertainty. That Review, published on 12 April, provides a …

Distribution channels: Banking, Finance & Investment Industry

Published on April 11, 2024 - 14:49 GMT

Bank Liabilities Survey - 2024 Q1

This annex provides further details of the questions referred to in the main text. Terminology and general definitions The following terms are used within the report: Cost – the cost to the issuing bank of raising money via the specified form of funding. …

Distribution channels: Banking, Finance & Investment Industry

Published on April 11, 2024 - 14:49 GMT

Credit Conditions Survey - 2024 Q1

To calculate aggregate results, each lender is assigned a score based on their response. Lenders who report that credit conditions have changed ‘a lot’ are assigned twice the score of those who report that conditions have changed ‘a little’. These scores …

Distribution channels: Banking, Finance & Investment Industry

Published on April 11, 2024 - 14:49 GMT

Bank of England Weekly Report 10 April 2024

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Distribution channels: Banking, Finance & Investment Industry

Published on April 9, 2024 - 09:03 GMT

Summary Minutes of Sub-Group and Task Force Meetings – March 2024

Introduction Following the cessation of most LIBOR settings at the end of 2021, the Working Group on Sterling Risk-Free Reference Rates (the “Working Group”) concluded at its January meeting that it had met its objective to “catalyse a broad-based …

Distribution channels: Banking, Finance & Investment Industry

Published on April 9, 2024 - 09:00 GMT

The Bank of England appoints Ernst and Young as its external auditor

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Distribution channels: Banking, Finance & Investment Industry

Published on April 8, 2024 - 12:27 GMT

Minutes of the CBDC Academic Advisory Group - March 2024

Minutes Date: 19 March 2024 Item 1: Welcome Neeraj Patel (co-chair, HM Treasury) welcomed members to the first meeting of the CBDC Academic Advisory Group. He reminded members that the agreed meeting format would comprise three presentations from members, …

Distribution channels: Banking, Finance & Investment Industry

Published on April 4, 2024 - 14:17 GMT

Minutes of the CBDC Technology Forum - February 2024

Minutes Date of meeting: 8 February 2024 Item 1: Welcome Tom Mutton (Chair) welcomed Members to the tenth meeting of the CBDC Technology Forum. The Chair noted the agenda for the meeting would comprise presentations from two of the four subgroups that have …

Distribution channels: Banking, Finance & Investment Industry

Published on April 4, 2024 - 14:11 GMT

Minutes of the CBDC Technology Forum - January 2024

Minutes Date of meeting: 30 January 2024 Item 1: Welcome Tom Mutton (Chair) welcomed Members to the ninth meeting of the CBDC Technology Forum. The Chair informed Members that a summary of responses to the Consultation Paper and a summary of responses to …

Distribution channels: Banking, Finance & Investment Industry

Published on April 4, 2024 - 08:30 GMT

Monthly Decision Maker Panel data - March 2024

The March DMP survey was conducted between 8 and 22 March and received 2,422 responses. Firms reported that their output prices rose by an average annual rate of 5.3% in the three months to March, down from 5.4% in the three months to February. Note that …

Distribution channels: Banking, Finance & Investment Industry

Published on April 3, 2024 - 11:00 GMT

Digital Securities Sandbox joint Bank of England and FCA consultation paper

Privacy statement By responding to this consultation, you provide personal data to the Bank of England (the Bank) and the Financial Conduct Authority (FCA), jointly ‘the regulators’. This may include your name, contact details (including, if provided, …

Distribution channels: Banking, Finance & Investment Industry

Published on April 3, 2024 - 11:00 GMT

The Bank of England and the FCA issue joint consultation and draft guidance on the Digital Securities Sandbox

The Bank of England (the Bank) and Financial Conduct Authority (FCA) (collectively the ‘regulators’) are consulting on their proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is an initiative run by the regulators that will help …

Distribution channels: Banking, Finance & Investment Industry

Published on March 28, 2024 - 11:00 GMT

Transforming Data Collection – Bank and FCA respond to the phase two industry recommendations and share future strategy

Overview of the Transformation Plan and joint transformation programme The Bank of England (the Bank) and the Financial Conduct Authority (FCA) are working together, and with industry, to improve the data collection process for both regulators and firms. …

Distribution channels: Banking, Finance & Investment Industry

Published on March 28, 2024 - 10:30 GMT

Payments systems Memorandum of Understanding

The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) (together “the Authorities”) have a joint-authority Memorandum of Understanding (MoU). The MoU continues to …

Distribution channels: Banking, Finance & Investment Industry

Published on March 28, 2024 - 10:00 GMT

External minimum requirements for own funds and eligible liabilities (MRELs) – 2024

This publication contains the 2024 external MRELs for all firms with a resolution entity incorporated in the UK for which an MREL above minimum capital requirements has been communicated.Our approach to MREL disclosure is described below, including …

Distribution channels: Banking, Finance & Investment Industry

Published on March 28, 2024 - 09:00 GMT

The Bank of England’s approach to enforcement: proposed changes to statements of policy and procedure following the Financial ...

Privacy statement By responding to this consultation, you provide personal data to the Bank of England (the Bank, which includes the Prudential Regulation Authority (PRA)). This may include your name, contact details (including, if provided, details of the …

Distribution channels: Banking, Finance & Investment Industry

Published on March 27, 2024 - 10:30 GMT

Financial Stability in Focus: The FPC’s macroprudential approach to operational resilience

Executive summary Operational resilience is the ability of individual financial firms, financial market infrastructures (FMIs) and the wider financial system to prevent, adapt and respond to, as well as recover and learn from, operational disruptions. …

Distribution channels: Banking, Finance & Investment Industry

Published on March 27, 2024 - 10:30 GMT

Financial Policy Summary and Record - March 2024

The Financial Policy Committee (FPC) seeks to ensure the UK financial system is prepared for, and resilient to, the wide range of risks it could face – so that the system is able to absorb rather than amplify shocks and serve UK households and businesses. …

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