Live Updates

PRA to streamline supervision as part of 2026 priorities

The Prudential Regulation Authority (PRA) has today published its supervisory priorities for 2026, outlining in a letter its sector-specific priorities for the coming year to all banks, building societies, insurers and other PRA-regulated firms.

BankInsuranceAll Firms

UK and EU regulators sign Memorandum of Understanding to strengthen oversight of critical third parties

The Financial Conduct Authority, Bank of England and Prudential Regulation Authority (UK regulators) have together signed a Memorandum of Understanding (MoU) with the European Supervisory Authorities to enhance cooperation and oversight of critical third parties (CTPs) that fall under the UKโ€™s CTP regime.

BankAsset ManagerWealth Manager

Asset Purchase Facility: Gilt Sales Amendment โ€“ Market Notice 8 January 2026

This Market Notice sets out amendment to the schedule for sales in Q1 2026 of gilts held in the Asset Purchase Facility (APF) for monetary policy purposes.

BankBroker DealerAsset Manager

Statistical Notice 2026/01 - Bank of England Levy: Deadline for Eligible Liabilities Return form submission for the Levy Year 2026/27

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

AI Analysis

This Statistical Notice 2026/01 from the Bank of England specifies the submission deadline for the Eligible Liabilities Return form, which calculates firms' contributions to the Bank of England Levy for the 2026/27 levy year. It matters because non-compliance risks penalties, late fees, or enforcement actions under the Financial Services (Banking Reform) Act 2013, ensuring timely funding for the Bank's resolution and stability functions. Compliance teams must integrate this into levy reporting calendars to avoid operational disruptions. #

Deadline: 31 December 2026
Bank

Minutes of the UK Money Markets Code Sub-Committee โ€“ December 2025

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

BankBroker DealerAsset Manager

Minutes of the Meeting of the Court of Directors held on 28 October 2025

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

BankAsset ManagerWealth Manager

Minutes of the Money Market Committee meeting โ€“ December 2025

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

BankBroker DealerAsset Manager

Artificial Intelligence Consortium minutes โ€“ October 2025

The Artificial Intelligence Consortium (AIC) aims to provide a platform for public-private engagement to further dialogue on the capabilities, development, deployment, use, and potential risks of artificial intelligence (AI) in UK financial services.

BankAsset ManagerWealth Manager

Statistical Notice 2025/06 - Bank of England Statistics Taxonomy 1.3.1 release note

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

AI Analysis

This Statistical Notice 2025/06 announces the release of Bank of England Statistics Taxonomy version 1.3.1, which updates definitions and guidance in the Banking Statistics Yellow Folder, including upgrades from XBRL 2.3.0 to 3.0, validation fixes, and data point model changes. It matters for compliance teams at reporting firms as it ensures accurate submission of statistical data to the BoE, supporting monetary policy, financial stability monitoring, and national accounts under the Bank of England Act 1998. #

Bank

David Roberts reappointed as Chair of the Bank of Englandโ€™s Court of Directors and Dame Anne Glover and Diana Noble reappointed as Nonโ€‘Executive Directors

David Roberts has been reappointed as Chair of the Court of the Bank of England by His Majesty the King

BankWealth Manager

Promoting innovation while guarding against financial stability risks โˆ’ speech by Randy Kroszner

Given at the 20th High-level meeting on financial stability and regulatory and supervisory priorities (jointly organised by the Arab Monetary Fund, the Basel Committee on Banking Supervision and the Financial Stability Institute of the Bank of International Settlements).

BankAsset ManagerWealth Manager

Minutes of the London FXJSC Operations Sub-Committee Meeting โ€“ 18 September 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Operations Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerPayment Provider

Minutes of the London FXJSC Legal Sub-committee Meeting โ€“ 17 September 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerFintech
Payment Provider

Minutes of the London FXJSC Main Committee Meeting โ€“ 25 September 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC), which is a forum for discussion of the wholesale foreign exchange market. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerPayment Provider

Update to lending and deposit spread of the Operational Standing Facility โ€“ Market Notice 8 December 2025

In line with the Bank's transition to a repo-led, demand-driven operational framework for providing reserves, the Bank is today announcing a reduction in the spread to Bank Rate of the Operational Standing Facility (OSF). This Market Notice confirms the new, recalibrated spread of the OSF at Bank Rate +15bps for the lending facility and Bank Rate -15bps for the deposit facility. As with all SMF facilities, the OSFs are 'open for business' and should be used by SMF participants for the purpose...

BankWealth ManagerAsset Manager

Regulators announce plans to support growth of mutuals sector

A raft of new measures designed to support the growth of the mutuals sector have been announced today by the financial regulators. They include a review of credit union regulations and the launch of a Mutual Societies Development Unit by the Financial Conduct Authority (FCA).

BankWealth ManagerFintech

Bank of England launches system-wide exploratory scenario exercise focused on private markets

The Bank of England (the Bank) has today launched its second system-wide exploratory scenario (SWES) exercise. This will focus on how the private markets ecosystem operates under stress and the potential implications for UK financial stability and the UK real economy.

BankAsset ManagerWealth Manager

Financial Policy Committee Record - December 2025

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

BankAsset ManagerWealth Manager

Statistical Notice 2025/05 - Confidentiality Permission Review 2026

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

AI Analysis

The Bank of England's Statistical Notice 2025/05 requires all reporting institutions to confirm their confidentiality permissions for publishing aggregate statistical data during the 2026 reporting year. This mandatory review streamlines data publication processes by seeking prior consent for aggregate data where firms are among fewer than three contributors, reducing administrative burden while maintaining data integrity.

BankAll Firms

FCA recognises the revised FX Global Code and UK Money Markets Code

The Bank of England welcomes the Financial Conduct Authority (FCA) recognition of the 2024 versions of the FX Global Code and UK Money Markets Code under its code recognition scheme.

BankBroker DealerPayment Provider

Bank of England, Monetary Authority of Singapore, and Bank of Thailand to explore synchronised FX settlement across borders

The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand announced a collaboration to explore the technical and policy implications of settling foreign exchange (FX) transactions using synchronised settlement mechanisms.

BankBroker DealerFintech
Payment Provider

Minutes of the Market Participants Group meeting โ€“ 12 November 2025

This was the first meeting of the Market Participants Group (MPG), a senior-level forum for financial market participants to share their views on relevant themes and narratives in financial markets with members of the Bank of Englandโ€™s Monetary Policy Committee.

BankBroker DealerPayment Provider

Minutes of the Money Market Committee meeting โ€“ September 2025

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

BankBroker DealerAsset Manager
๐Ÿ‡ฌ๐Ÿ‡ง BoE Consultation high

Bank of England launches consultation on regulating systemic stablecoins

The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.

AI Analysis

The Bank of England has published a consultation paper (issued November 10, 2025) proposing a comprehensive regulatory regime for **sterling-denominated systemic stablecoins**, establishing requirements for backing assets, capital, redemption procedures, and operational safeguards. This represents a pivotal step toward implementing the UK's stablecoin framework, with the regime designed to maintain financial stability while enabling viable business models for systemic stablecoin issuers.

BankFintechPayment Provider

Update to Level A pricing in the Indexed Long-Term Repo Operation - Market Notice 7 November 2025

This Market Notice confirms that the previously announced increase to the minimum spread over Bank Rate on bids against Level A collateral in the Indexed Long-Term Repo (ILTR) operation will take effect from 17 November 2025.

BankBroker Dealer

Minutes of the Meeting of the Court of Directors held on 19 September 2025

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

BankAsset ManagerWealth Manager

FPCโ€™s welcoming statement for policy statement (PS) 20/25 โ€“ The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers (SDDTs) โ€“ near final

The Financial Policy Committee (FPC) welcomes today the Prudential Regulation Authorityโ€™s (PRAโ€™s) policy statement 20/25 โ€“ The Strong and Simple Framework: The simplified capital regime for Small Domestic Deposit Takers (SDDTs) โ€“ near-final.

AI Analysis

The Financial Policy Committee (FPC) welcomes the Prudential Regulation Authority's (PRA) Policy Statement (PS) 20/25, which finalizes the second phase of the "Strong and Simple Framework" by introducing a simplified capital regime for Small Domestic Deposit Takers (SDDTs), alongside liquidity simplifications. This matters because it reduces regulatory burdens, enhances competition among smaller UK banks and building societies, and maintains resilience without full Basel 3.1 standards, with implementation on 1 January 2027. #

BankFintech

Advancing settlement: central bank money for the next era of payments โˆ’ speech by Victoria Cleland

Given at the Bank of England and Bank for International Settlements Innovation Hubโ€™s DLT Innovation Challenge Showcase

BankFintechCrypto Exchange
Payment Provider

Minutes of the London FXJSC Main Committee Meeting - 26 June 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC), which is a forum for discussion of the wholesale foreign exchange market. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerPayment Provider

Minutes of the London FXJSC Legal Sub-Committee Meeting - 24 June 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerFintech
Payment Provider

Minutes of the London FXJSC Operations Sub-Committee Meeting - 18 June 2025

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Operations Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

BankBroker DealerPayment Provider

Foreign Currency Reserves 2025 โ€“ Market Notice 7 October 2025

Not for distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan or any other jurisdiction where it is unlawful to distribute this announcement.

BankAsset ManagerWealth Manager