United Kingdom
Shared supervision can help avoid ‘capture’ – BoE paper
Dividing tasks across agencies can lead to better outcomes by avoiding “supervisory capture”
UK lawmakers call for transparency on BoE governor appointment
MPs call on finance minister to make shortlist public as survey highlights trust deficit
PRA’s Mills on future fintech challenges for supervision
The PRA's chief operating officer Clair Mills discusses tensions caused by disruptive innovation, major uses of AI, the role of big tech and the future of supervision
30 years of forecasting: have central banks learned anything?
Forecasting models are constantly being upgraded, but forecast errors are still persistent. What more can central banks do?
BoE paper models exchange rates with private money creation
Uncovered interest parity does a poor job of explaining exchange rates on its own, authors say
BoE forced to reveal latest analysis of no-deal Brexit
Carney writes that preparations have helped reduce likely impact of “worst-case” no-deal
Suptech focus – AI to the rescue?
With the increased use of artificial intelligence in financial services, Vizor Software explains why it is crucial that regulators increase their knowledge of the potential risks while simultaneously raising internal AI skill levels and usage.
Central banks ‘must engage’ with emerging technology – BoE’s Mills
PRA chief operating officer says BoE is planning new regtech projects
Brexit may have cost the UK 5% of productivity – BoE paper
Study draws on newly developed survey of decision-makers at UK firms
BoE policy-makers face fallout from political chaos
November policy decision could be unveiled on an election day; new analysis by MPC members suggests worst economic impact yet to come
Carney: digital currency could help fix global monetary system
A “synthetic hegemonic currency” could end the destabilising dominance of the dollar, BoE chief says
People: Central Bank of Ireland appoints chief information officer
Central bank picks CIO and insurance director; BIS seeks innovation hub chief; Vocalink gains new CEO
Mark Carney on joined-up policy-making, forward guidance and Brexit
BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail and use of CCyBs, highlights challenges of an asymmetric monetary system, hits out at cumbersome payments and warns Facebook’s libra cannot ‘learn as…
Carney warns Germany and France of Brexit derivatives cliff edge
Bank of England governor says it is in the “interest” of EU countries to ensure the full viability of financial contacts ahead of Brexit
BoE under pressure with July inflation release
Bank of England must deal with recent fall in GDP and Brexit uncertainty
Sterling’s fall boosted UK inflation - San Fran Fed paper
Prices of tradeable goods rose significantly more than non-tradable goods, researchers find
Derivatives users split over legacy Libor swaps
CCPs say cleared swaps will move to new rates if Libor is no longer representative of markets
London to remain major financial centre despite Brexit
Research at the Central Bank of Ireland highlights the “premium” the UK capital enjoys over other cities
Carney indicates interest in IMF top job
Outgoing BoE chief says IMF role is important, but there are many “highly qualified” candidates
Carney issues sharp warning over Brexit
MPC says future inflation path is unclear as governor says uncertainty is damaging economy
BoE to demand transparency on bank resolution plans
Central bank finalises framework for resolvability assessment
BoE signs up to LGBT charter
Inclusion is a “critical ingredient” to running a successful organisation, says Sarah Breeden
UK banks call for different regulatory approach
Frequent regulatory changes for online banking create burden for large banks, Starling Bank CEO says
Sonia users face three-way choice in term rate
Trio of rival forward-looking versions of sterling Libor successor set to be available