UK regulators propose streamlining the Senior Managers and Certification Regime to reduce burdens while maintaining accountability, aiming to save firms £2 billion over a decade.
The Securities Lending Committee discussed talent retention, T+1 settlement challenges, digital asset initiatives, and AI adoption in securities finance, highlighting operational and regulatory hurdles.
The Bank of England’s advisory group recommended four UK wildlife species for the next banknote series, following a public consultation with nearly 500,000 responses.
The Bank of England’s SONIA Stakeholder Advisory Group discussed talent initiatives, sterling money market stability, and potential changes to RTGS and CHAPS settlement hours, including impacts on SONIA publication and...
The Bank of England’s Money Markets Committee reviewed stable funding conditions, repo framework progress, and plans to extend RTGS and CHAPS settlement hours, while noting emerging pressures in euro funding.
The Bank of England-led Cross-Market Operational Resilience Group completed a major crisis simulation in October 2026, testing the UK financial sector’s response to a global cloud services disruption.
The Bank of England selected the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog to appear on its next series of banknotes following a public consultation with nearly 500,000 responses.
The London FXJSC Legal Sub Committee reviewed the 2026 FX Definitions transition, SWIFT implementation, and AI-related legal issues during its June 2026 meeting.
The Prudential Regulation Authority proposes automatic increases to 128 regulatory thresholds based on nominal GDP, aiming to modernise compliance and reduce costs for firms.
The UK Money Markets Code Sub-Committee discussed adoption progress, scope analysis, and plans for a 2027 Code review during its September 2026 meeting.
The Bank of England appointed Carlos Conceicao and Alexander Justham to its Enforcement Decision Making Committee, effective September 2026, to strengthen contested enforcement case judgments.
The Bank of England’s Court of Directors reviewed financial stability risks, AI-driven cybersecurity measures, capital framework changes, and efficiency initiatives during its July 2026 meeting.
The Bank of England’s Financial Policy Committee warns of heightened interconnected risks, including rising sovereign yields, geopolitical tensions, and AI-related vulnerabilities, while noting the UK financial system’s...
Market participants discussed global economic uncertainty, bond yield drivers and UK monetary policy expectations during a Bank of England meeting on 24 September 2026.
The Bank of England announced a US$ billion 5-year eurobond issuance to finance foreign currency reserves, maturing in 2031 with a 4.875% coupon, as part of its annual benchmark issuance program.
The Bank of England will relocate its Leeds office to Capitol House, expanding its regional presence and supporting collaboration while replacing its current base at Yorkshire House.
The Bank of England’s Monetary Policy Committee kept Bank Rate at 3.75% on 29 July 2026, with a 6–3 majority, citing volatile energy prices from the Middle East and uncertain inflation risks.
The Bank of England announced five new non-executive directors to its Court, including union leader Paul Nowak and industry executives David Craig, Hanneke Smits, Lord Gadhia, and Tom Shropshire.
The Bank of England is revising criteria for monthly Form BT reporting, aligning it with specified monthly Money and Credit statistical returns to reduce reporting burden while maintaining statistical quality.
The Bank of England’s Securities Lending Committee reviewed industry progress, hiring challenges, regulatory alignment, and tokenised asset adoption in its March 2026 meeting.
The Bank of England has delayed its November 2026 RTGS standards release, aligning with Swift’s postponement of the CBPR+ standards update to ensure global readiness and avoid implementation risks.
The Bank of England’s FXJSC released semi-annual turnover survey results for April 2026, detailing FX market activity among 25 UK institutions. The data reflects broader global FX committee surveys conducted...
The Bank of England will continue collecting Form BN data after consultation revealed its necessity for UK National Accounts compiled by the ONS, despite plans to discontinue it.
The Bank of England’s AI Consortium discussed risks from generative AI in financial services, including model complexity, third-party dependencies, and contagion pathways, proposing system-level governance and...
The Bank of England has appointed Nicholas Segal as Chair and Peter King as Deputy Chair of its Enforcement Decision Making Committee (EDMC), effective 1 August 2026, following an external recruitment process.
The Bank of England’s Court of Directors met on 4 June 2026, approving minutes, discussing AI’s economic impact, and endorsing budgetary and structural reforms, including leadership changes and cost-saving initiatives.