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3 Mar 2022, 10:00 pm
The Bank of England (Bank) and the UK Financial Conduct Authority (FCA) published their final report of discussions from the UK Artificial Intelligence Public-Private Forum on February 17. [read post]
3 Mar 2022, 10:00 pm
The Bank of England (Bank) and the UK Financial Conduct Authority (FCA) published their final report of discussions from the UK Artificial Intelligence Public-Private Forum on February 17. [read post]
3 Mar 2022, 10:00 pm
The Bank of England (Bank) and the UK Financial Conduct Authority (FCA) published their final report of discussions from the UK Artificial Intelligence Public-Private Forum on February 17. [read post]
3 Mar 2022, 10:00 pm
The Bank of England (Bank) and the UK Financial Conduct Authority (FCA) published their final report of discussions from the UK Artificial Intelligence Public-Private Forum on February 17. [read post]
OFSI has so far issued: A licence for the FCA, FSCS, PRA and the Bank of England (and any other financial services authority) to engage with VTB Bank’s UK subsidiaries until 1 March 2023 for the purposes of their functions in relation to prudential supervision or protecting, maintaining, or enhancing the stability of the UK’s financial system. [read post]
1 Mar 2022, 7:31 am by Simon Lovegrove (UK)
As currently drafted the exclusion is a qualified exclusion, as it does not apply to SFTs to which the counterparty is a member of the European System of Central Banks (ESCB) or the Bank of England. [read post]
28 Feb 2022, 8:19 am by Kay Marbiah
A discussion paper published by the Bank of England followed on 7 June 2021,[2] noting that stablecoins could be exposed to the risk of fraud and suggested that stablecoin payments should be regulated in the same way as traditional payments handled by banks. [read post]
28 Feb 2022, 2:00 am by Matrix Legal Support Service
  The following Supreme Court judgments remain outstanding: (As of 02/03/22) The Law Debenture Trust Corporation plc v Ukraine (Represented by the Minister of Finance of Ukraine acting upon the instructions of the Cabinet of Ministers of Ukraine) Nos. 2 and 3, heard 9-12 December 2019 BTI 2014 LLC v Sequana SA and Ors, heard 4 May 2021 Bott & Co Solicitors v Ryanair DAC, heard 20 May 2021 East of England Ambulance Service NHS Trust v Flowers and Ors, heard 22 June 2021 Basfar… [read post]
25 Feb 2022, 6:54 am by Simon Lovegrove (UK)
The consultation document set out the government’s proposals to replace the cash ratio deposit scheme with a levy to raise the funds to meet the costs of the Bank of England’s policy functions. [read post]
21 Feb 2022, 9:16 am by Matrix Legal Support Service
The following Supreme Court judgments remain outstanding: (As of 23/2/22) The Law Debenture Trust Corporation plc v Ukraine (Represented by the Minister of Finance of Ukraine acting upon the instructions of the Cabinet of Ministers of Ukraine) Nos. 2 and 3, heard 9-12 December 2019 BTI 2014 LLC v Sequana SA and Ors, heard 4 May 2021 Bott & Co Solicitors v Ryanair DAC, heard 20 May 2021 East of England Ambulance Service NHS Trust v Flowers and Ors, heard 22 June 2021 Basfar v Wong,… [read post]
18 Feb 2022, 8:24 am by Simon Lovegrove (UK)
The forum was launched by the Bank of England (BoE) and the FCA on 12 October 2020 for the purpose of furthering dialogue on artificial intelligence (AI) innovation between the public and private sectors. [read post]
15 Feb 2022, 7:27 am by Simon Lovegrove (UK)
On 14 February 2022, the Financial Conduct Authority (FCA), Bank of England (BoE) Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) published a statement relating to a review of the Memorandum of Understanding (MoU) for payment systems in the UK. [read post]
14 Feb 2022, 10:15 am by Simon Lovegrove (UK)
On 11 February 2021, the Bank of England (BoE) published a speech by its Governor, Andrew Bailey, entitled ‘A resilient financial system’. [read post]
14 Feb 2022, 8:19 am by Matrix Legal Support Service
The following Supreme Court judgments remain outstanding: (As of 14/2/22) The Law Debenture Trust Corporation plc v Ukraine (Represented by the Minister of Finance of Ukraine acting upon the instructions of the Cabinet of Ministers of Ukraine) Nos. 2 and 3, heard 9-12 December 2019 BTI 2014 LLC v Sequana SA and Ors, heard 4 May 2021 Bott & Co Solicitors v Ryanair DAC, heard 20 May 2021 East of England Ambulance Service NHS Trust v Flowers and Ors, heard 22 June 2021 Basfar v Wong,… [read post]
14 Feb 2022, 3:42 am by INFORRM
Caroline Kean, a partner at Wiggin and leading media defence lawyer, has urged MPs to show “guts” and act to protect public interest journalism in England and Wales from the existential threat posed by public figures and bodies attempting to shut down criticism. [read post]
10 Feb 2022, 10:04 am by Hannah Meakin (UK)
It is estimated by the Bank of England, that there are now less than 2% of sterling LIBOR legacy stocks that remain across all asset types and there are plans to address this residual exposure. [read post]
10 Feb 2022, 10:03 am by Simon Lovegrove (UK)
On 9 February 2022, the Bank of England (BoE) launched the second round of the Biennial Exploratory Scenario (BES) exercise on financial risks from climate change. [read post]
8 Feb 2022, 6:43 am by John Jascob
Industry notables Mark Carney, the former governor of the Bank of England, and Annette Nazareth, Senior counsel at Davis Polk and former SEC commissioner, will lead the task force. [read post]