United Kingdom
‘Intangibles’ may be adding to long-run rate decline – BoE’s Haskel
Economist says “tyranny of collateral” could be a problem for modern economies
Global governance is getting harder, warns BoE’s Cunliffe
Fading memories of crisis, new players and Brexit all create challenges, deputy says
UK financial market has never been ‘cleaner’, says FCA official
New business strategy has helped regulator monitor insider trading; additional metric helps analyse data from transactions previously out of reach
BoE paper finds heterogeneous policy transmission to firms
Authors say financial frictions “crucial” to understanding monetary policy transmission
Central Banking Awards 2020: the winners
All the winners in the 2020 Central Banking Awards
Stress tests should be ‘two-stage’- Donald Kohn
Results for first test could be used to model second scenario, says senior BoE official
Specialised lending initiative: BNP Paribas
A new ‘global’ setup helped secure US dollar-denominated assets from a Eurosystem central bank
Global markets award: HSBC
The UK-headquartered bank is a leader in green finance and helped its clients navigate the low-rate environment over the past year
UK government struggled to attract female applicants for BoE governorship
Letter reveals only two of 23 applicants for Carney’s job were women, despite recruitment firm priding itself on ability to deliver a diverse candidate pool
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
Custody initiative: Euroclear
The securities depository has debuted instant dollar settlement in central bank money outside the US – a service that has virtually eliminated settlement risk
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks while driving efforts towards climate, payments and dollar funding reform
ECB reallocates subscribed capital after Brexit
Eurozone central banks will increase their total paid-up capital by €1.2 billion over the next two years
Brexit coin to finally enter circulation
Royal Mint will release 10 million commemorative 50p coins
BoE holds rate at Carney’s last MPC meeting
Carney says he has “no regrets” on monetary policy as MPC cuts growth forecast
BoE’s close rate call: what to watch
Markets had priced in 50% chance of a cut, but several economists say easing looks unlikely
Fines given by UK FCA ballooned in 2019
UK regulator dishes out fines for AML breaches, mis-selling and poor treatment of consumers, but watchdog also falls short on own pension responsibilities
BoE seeks partner to build public cloud environment
Central bank prepares for “step change” in IT infrastructure
People: New deputies named; UK FCA picks interim chief
Argentina and Pakistan appoint deputy governors; Christopher Woolard to serve as FCA chief
BoE says no-deal Brexit now unlikely
Bank of England ends additional liquidity supervision after passage of withdrawal agreement
Banks outpacing insurers with cloud adoption – BoE
UK financial institutions lean towards software when it comes to cloud outsourcing, blog post shows
Carney defends financial sector’s record on climate action
Finance ready to flow to green projects if politicians take lead, BoE governor says, but other speakers on WEF panel argue firms are not doing enough
UK government names Carney as green finance adviser
Departing BoE governor will advise UK prime minister at UN climate conference in November
UK regulators set new deadlines for Libor transition
Working group sets out priorities for 2020 as Libor deadline looms