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The BoE and the PRA are proposing to create a consolidated set of statements of policy (SoPs) setting out the BoE’s approach to enforcement, and the PRA also proposes to create a new separate SoP setting out its Supervisory Decision-Making Policy. [read post]
As a result, the BoE and the PRA expect to publish the results of the test this summer. [read post]
30 Apr 2023, 9:05 pm by Ayo Aladesanmi
Rosenthal argued, for example, that the FAA’s order to ground deliveries of the Boeing 737 MAX illustrates the need sometimes for firm regulation. [read post]
Through RTGS, the BoE provides settlement to direct participants of CHAPS, CREST, six retail payment systems and the BoE’s Note Circulation Scheme. [read post]
24 Apr 2023, 3:00 am by Jack Sharman
I took the man literally and had one at breakfast: I then walked out and watched arrangements provided by Boe Fook Funeral Services: And, finally, one of the holy grails of American cocktails—Death&Co.: The “Flying Dutchman” and “The Milliner” (Death & Co.) [read post]
19 Apr 2023, 8:12 am by Albert Weatherill (UK)
Project Meridian is a joint project between the BIS Innovation Hub London Centre and the BoE. [read post]
18 Apr 2023, 8:16 am by Matthew Gregory (UK)
The BoE is inviting input from anyone who may be able to support innovative, cost-effective and efficient solutions. [read post]
14 Apr 2023, 9:15 am by Hannah Meakin (UK)
Where the BoE determines that it is able to place reliance on the incoming CCP’s home authority’s regulation and supervision, the CCP will be designated as a Tier 1 and the BoE will defer to the home authority, upon issuance of the BoE’s recognition decisions. [read post]
12 Apr 2023, 8:31 am by Hannah Meakin (UK)
To finalise the USD LIBOR transition, the BoE, the FCA and the Working Group on Sterling Risk-Free Reference Rates (of which the BoE and FCA are ex-officio members) encourage market participants to: Actively transition USD LIBOR contracts ahead of the cessation of the USD LIBOR panel. [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]
10 Apr 2023, 3:20 am by Rose Hughes
 The Board of Appeal also cited with approval the reasoning from the Boeing catastrophic comma loss case (T 1127/16, IPKat). [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]
29 Mar 2023, 7:47 am by Simon Lovegrove (UK)
A key outcome sought by the BoE is that firms embed the policy expectations to take action to improve their operational resilience. [read post]
27 Mar 2023, 9:05 pm by Melissa Welch-Ross
The committee further determined that a wheelchair securement space with ample clearance could be added at the front of the cabin of the most common families of airplanes in the domestic fleet—such as the Boeing 737 and Airbus 320—if the first and second rows of seats are removed. [read post]
23 Mar 2023, 1:03 am by JR Chaves
El BOE de 23 de marzo de 2023 publica la Ley Orgánica 2/2023, de 22 de marzo, del Sistema Universitario. [read post]