United Kingdom
FCA proposes ban on sale of crypto derivatives to consumers
Regulator cites lack of understanding of crypto assets by consumers
BoE’s education programme taking off in UK schools, Broadbent says
More than a third of UK secondary schools have signed up to BoE’s education programme
BoE’s Cunliffe says housing tools have worked
More evidence has emerged on “borrower-based” tools since they were first tested, deputy says
‘Heterogeneous beliefs’ can improve models of inflation – BoE paper
Authors break down inflation expectations in search of additional forward-looking information
Carney sees storm clouds gathering over global economy
The “portents are worrying”, BoE governor says, but worst of the impact may pass UK by
UK regulators welcome plans for clearer green mandate
Government unveils first “green finance strategy”, including changes to policy remits
BoE drops Libor for hedging UK forex reserves
Bank of England adopts Sonia reference rate in UK Treasury swap programme
Illiquid funds could pose global systemic threat – Carney
Some funds are “built on a lie” and market-based finance is bringing new risks, BoE governor says
More work needed on liquidity rules – BoE’s Saporta
Victoria Saporta says aspects of liquidity regulation still need enhancement
Carney replacement set to be chosen by new government
Next finance minister will have pick of candidates – which could bring Brexit into the equation
UK opposition sees greater role for BoE in fighting climate change
John McDonnell says BoE can do more to drive investment in productive, green sectors
Central banks cannot fight a populist Tweet storm – panel
Populist leaders such as Donald Trump comfortably outgun central banks on social media; total approach to communications needed
Carney voices concern over ‘hard Brexit’ tariffs
BoE governor appears to differ with leading candidate to lead UK government
Carney pledges BoE will shape ‘future of finance’
BoE considers innovations on balance sheet, SME credit and climate stress tests; Carney says BoE will approach Facebook’s Libra with “open mind”, not “open door”
BoE’s Kashyap warns banks vulnerable to state-sponsored cyber attacks
FPC member says he is not sure banks are capable of defending themselves
BoE finds weaknesses in small bank risk controls
Senior regulator says challenger banks are “overly optimistic” in risk modelling
Carney says lack of gender diversity is ‘enormous missed opportunity’
Governor shares advice from BoE’s efforts to encourage greater diversity
UK and Singapore to collaborate on cyber security
BoE, FCA and MAS say they will investigate ways to share information and potentially staff
Polymer banknotes caused sharp fall in UK counterfeits – BoE
Bank of England reports reduction from 1,000-plus fake notes a month to single figures
UK banking industry pledges to support public access to cash
Trade body will work with BoE and Treasury to ensure access to cash
‘Uncertainty shocks’ can do long-term harm – BoE paper
Authors outline a general equilibrium model to show uncertainty can have long-run effects
BoE officials say central bank still on course for a hike
Rate hikes still most likely course of action, but Brexit could drastically alter outlook; strong labour market data strengthens case for tighter policy
UK’s parliament asks questions over FCA handling of suspended fund
Andrew Bailey calls for limits on illiquid investment to be maintained by offshore funds
BoE unveils strategic priorities for 2019
Annual report says focus will remain on Brexit, but resilience, fintech and an overhaul of the BoE’s own operations are also priorities