Bank of England joins digital currency meeting in August
Aug18

Bank of England joins digital currency meeting in August

On Wednesday, August 19, 2020, the Official Monetary and Financial Institutions Forum (OMFIF) will host representatives from several major financial situations including the Bank of England, the Swiss National Bank, Magyar Nemzeti Bank and ING Group alongside enterprise-focused blockchain platform Cypherium, in a virtual roundtable to discuss central bank digital currencies (CBDCs) and their infrastructural designs. Simon Scorer,...

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Bank of International Settlements selects Bank of England to host an Innovation Hub Centre
Jun30

Bank of International Settlements selects Bank of England to host an Innovation Hub Centre

This UK centre will support the global central banking and finance community through the development of digital public goods – addressing issues of critical importance for the global financial system. The decision to establish this centre is a reflection on the UK’s position as a world leader in innovation and technology in finance, with global leadership evident across the private, government and regulatory sectors. Governor of...

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Bank of England, Beano and Tes to launch new primary school teaching resource on money and financial wellbeing
Jun12

Bank of England, Beano and Tes to launch new primary school teaching resource on money and financial wellbeing

To mark My Money Week, the Bank of England is today announcing its collaboration with Beano and Tes to develop a new financial education resource for primary schools. Money and Me is a set of 12 lessons that will introduce young people aged 5-11 to the basics of how money and the economy work. The resource, which launches in July, will sit within the Personal, Social, Health and Economic (PSHE) curriculum. It aims to equip primary...

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Professor Silvana Tenreyro reappointed to the Monetary Policy Committee
Mar27

Professor Silvana Tenreyro reappointed to the Monetary Policy Committee

Andrew Bailey, Governor of the Bank of England, said: “I am delighted that Silvana Tenreyro has agreed to serve another three years on the Monetary Policy Committee. Silvana’s insights and contribution to the Committee will be hugely valuable as we navigate the current economic challenges and help to promote the good of the people of the United Kingdom. I very much look forward to continuing to work with her.” As an external member of...

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FCA announces proposals to improve climate-related disclosures by listed companies
Mar06

FCA announces proposals to improve climate-related disclosures by listed companies

The Financial Conduct Authority (FCA) has today published proposals outlining new climate-related disclosure requirements for premium listed issuers. The new rule will require all commercial companies with a premium listing to either make climate related disclosures consistent with the approach set out by the Taskforce on Climate-related Financial Disclosures (TCFD)or explain why not. The FCA will consider consulting on extending this...

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