Tag: Bank of England

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it.

Startups around the world are leveraging technology to transform financial markets, but despite their stellar track-record to date, the governor of the Bank of England is not worried.

In a world first, Mark Carney, the Bank of England governor, has pledged to stress test the bank against climate pathways.

The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.

The Bank of England has released the results of its Systemic Risk Survey 2018 H1 survey, and shows the number of companies reporting cyber-attack risk reach a new high.

UK regulators have given British financial service firms three months to explain how they can avoid damaging IT breakdowns and respond to cyber-attacks.

Barclays has formed a partnership with Simudyne to improve its predictive capabilities in risk management.

The European Central Bank and the Bank of England are will bring together a working group on Brexit-related risks.

The UK Government has unveiled a new cryptoassets task force and revealed plans to automate regulatory compliance.