Tag: bank of england
MPs demand more accountability for UK banking failures
The UK Treasury Committee has published a new report investigating the “unacceptable” IT failures in the country’s financial services sector.
Described as “unanimously-agreed,” the report...
Bank of England unveils new JMW Turner £20 note
Bank of England Governor Mark Carney has today revealed the design of the new £20 note, which is due to be released into general...
BoE report reveals Brexit impact on UK investment and productivity levels
The Bank of England (BoE) has released a new paper delving into the impact of Brexit has had on the UK as a state.
Developed...
Singapore and UK financial authorities announces cyber security collaboration
The Monetary Authority of Singapore (MAS) has agreed a new collaboration agreement with Bank of England and Financial Conduct Authority to strengthen cyber security...
Facebook aims to establish GlobalCoin cryptocurrency in 2020
Tech giant Facebook is reportedly finalising plans to launch its own cryptocurrency with an ‘expected rollout date’ by the start of 2020.
Its crypto project...
FairFX granted settlement accounts to access UK Faster Payments Scheme
Cross-border payments company FairFX is set to become a direct participant within the UK’s ‘Faster Payments Scheme (FPS)’ having been approved by the Bank...
