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18 Apr 2023, 8:16 am by Matthew Gregory (UK)
On 18 April 2023, the Bank of England (BoE) published a statement on improving depositor outcomes in bank or building society insolvency. [read post]
The FCA is also currently collaborating with the Digital Regulation Cooperation Forum and working through what the appropriate framework for AI in financial services could look like, considering feedback received from the AI Discussion Paper, the machine learning survey, and the FCA’s extensive engagement in the AI public private forum, conducted jointly with the Bank of England. [read post]
17 Apr 2023, 2:19 am by Matrix Law
The following Supreme Court judgments remain outstanding: (As of 07/04/23) East of England Ambulance Service NHS Trust v Flowers and Ors, heard 22 June 2021 Canada Square Operations Ltd v Potter, heard 14th June 2022 Unger and another (in substitution for Hasan) v Ul-Hasan (deceased) and another, heard 20th October 2022 Chief Constable of the Police Service of Northern Ireland and another v Agnew and others (Northern Ireland), heard 14th-15th December 2022 Smith and… [read post]
16 Apr 2023, 9:05 pm by renholding
Immediately after the bailout, both the European Central Bank and the Bank of England rushed to issue statements that what happened with CS would not happen elsewhere in Europe. [read post]
14 Apr 2023, 9:15 am by Hannah Meakin (UK)
The Bank will tier incoming CCPs according to the level of systemic risk they pose to the UK financial system. [read post]
12 Apr 2023, 8:31 am by Hannah Meakin (UK)
On 12 April 2023, the Bank of England (BoE) and the FCA published a statement on the cessation of the USD LIBOR panel, which will occur on 30 June 2023. [read post]
11 Apr 2023, 7:06 am by Anita Edwards
On 11 April 2023, the Bank of England (BoE), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) issued a third party survey to aid analysis into the costs and benefits of a potential critical third party regime in the UK. [read post]
5 Apr 2023, 6:30 am by ernst
Topics include the treatment of actors in late Elizabethan England and the punishment of 'counterfeits' (Measure for Measure); the standing of refugees under English law and the reception of these people by the indigenous population (The Comedy of Errors); the establishment of 'Troynovant' as an international trading centre on the banks of the Thames (Troilus and Cressida); the role of law and the state in determining the rights of citizens and aliens (The… [read post]
5 Apr 2023, 5:18 am by Annsley Merelle Ward
The court determined that both England and Chongqing were appropriate forums but as Chongqing is “at best no more appropriate a forum”, there was no reason not to proceed. [read post]
3 Apr 2023, 10:08 am by Simon Lovegrove (UK) and Anita Edwards
FS1/23 provides a summary of the responses to the Bank of England (BoE) and PRA Discussion Paper 1/22: The prudential liquidity framework: supporting liquid asset usability (DP1/22), which was published on 31 March 2022. [read post]
3 Apr 2023, 2:18 am by Matrix Law
On Wednesday 5th April the Court will hand-down judgment in  R (on the application of Pearce and another) v Parole Board for England and Wales [2023] UKSC 13. [read post]
31 Mar 2023, 1:48 am by Tessa Shepperson
Fact: Small Portfolio landlords are quitting The bank of England this week has now backed the NRLA’s previous findings that small buy-to-let landlords are leaving the market. [read post]
29 Mar 2023, 7:47 am by Simon Lovegrove (UK)
On 29 March 2023, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) published the thematic findings from the 2022 cyber stress test (CST22). [read post]
The Bank of England (BoE) has a number of resolution tools at its disposal which are provided for in legislation following the 2008 global financial crisis. [read post]
27 Mar 2023, 2:47 am by Matrix Law
The following Supreme Court judgments remain outstanding: (As of 24/03/23) East of England Ambulance Service NHS Trust v Flowers and Ors, heard 22 June 2021 Canada Square Operations Ltd v Potter, heard 14th June 2022 Unger and another (in substitution for Hasan) v Ul-Hasan (deceased) and another, heard 20th October 2022 Chief Constable of the Police Service of Northern Ireland and another v Agnew and others (Northern Ireland), heard 14th-15th December 2022 Smith and… [read post]
24 Mar 2023, 8:15 am by Simon Lovegrove (UK)
On 24 March 2023, the Bank of England and the FCA issued a communication on their joint programme to transform data collection from the UK financial sector. [read post]
20 Mar 2023, 8:20 am by Simon Lovegrove (UK)
On 12 March 2023, the Bank of England (BoE) published a statement on Silicon Valley Bank. [read post]
20 Mar 2023, 8:19 am by Simon Lovegrove (UK)
On 13 March 2023, HM Treasury and the Bank of England (BoE) published statements regarding the sale of Silicon Valley Bank (UK) Ltd (SVB UK) to HSBC. [read post]