Posts Tagged ‘Bank Of England’

Strengthening accountability: insurers and UK branches of non-EEA banks

Thursday, August 13th, 2015

The Prudential Regulation Authority (PRA) has today set out how it will hold senior managers in insurance companies and UK branches of non-EEA banks accountable. (more…)

PRA censures Co-operative Bank for serious risk management and transparency failings

Tuesday, August 11th, 2015

Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the Prudential Regulation Authority (PRA), supported by a team of investigators at the Financial Conduct Authority (FCA), has found that there were serious and wide-ranging failings in Co-op Bank’s (more…)

Reactions to ’Super Thursday’

Thursday, August 6th, 2015

For the first time ever the Bank of England has reported its interest rate decision, the minutes and the inflation report all on the same day, now called ’Super Thursday’. (more…)

What does the Bank of England’s ‘Super Thursday’ mean for investors?

Thursday, August 6th, 2015

• For the first time ever, the bank reports its interest rate decision, minutes and inflation report on the same day

• Only Ian McCafferty voted for an interest rate rise (more…)

A new sterling money market data collection and the reform of SONIA

Thursday, July 30th, 2015

The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. (more…)

Macroprudential policy: from Tiberius to Crockett and beyond; speech by Sir Jon Cunliffe

Tuesday, July 28th, 2015

In a speech to TheCityUK on Tuesday, Jon Cunliffe charts the development of macroprudential policy and the establishment of the macroprudential policy framework in the UK by the Bank of England’s
Financial Policy Committee (more…)

£20 banknote character selection and future banknote design

Monday, July 20th, 2015

Yesterday, the two month public nomination period to determine who should appear on the next £20 note officially closed. (more…)

UK bank rate unchanged

Thursday, July 9th, 2015

Unsurprisingly the Bank of England’s Monetary Policy Committee at its meeting on 8 July voted to maintain Bank Rate at 0.5%. (more…)

The Bank of England focuses on the visual arts

Wednesday, July 8th, 2015

With 11 days to go for the public to nominate a visual artist to feature on the next £20 bank note, the Bank is pleased to deepen its collaboration with visual arts through the arrival of artist Martin John Callanan (more…)

Here’s one EU directive that might affect your savings

Monday, July 6th, 2015

The Bank of England’s Prudential Regulation Authority (PRA) has recently announced that the cover provided for depositors and policyholders via the Financial Services Compensation Scheme (FSCS) is to be reduced from £85,000 to £75,000 (more…)

Stuck – a speech by Andy Haldane

Monday, June 29th, 2015

In a speech at the Open University tomorrow, The Bank of England’s Chief Economist, Andy Haldane will explore why interest rates in advanced economies have got “stuck” and how policymakers should respond. (more…)

Independence and Responsibility: Observations from External Member of the MPC Martin Weale

Monday, June 29th, 2015

In a speech given at the Thomas Guggenheim Conference [1] in Geneva on Sunday 28 June, Martin Weale outlined the importance of the independence and accountability of individual members of the
Monetary Policy Committee (MPC) for monetary policymaking in the UK. (more…)