Tag: Bank of England
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
BoE prepares for gilt shocks, opens CNRF applications
The Bank of England has opened applications for the Contingent Non-Bank Financial Institution Repo Facility (CNRF), preparing for further cases of gilt market dysfunction.
Details...
Bank of England to reduce gilt stock by £100bn
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to reduce the stock of gilts held in the Asset Purchase Facility (APF)...
BoE amends collateral eligibility criteria for regulated covered bonds
The Bank of England is to amend the collateral eligibility criteria for regulated covered bonds in the Bank’s Sterling Monetary Framework.
From 1 September, to...
Bank of England to embrace repo for liquidity management
Moving away from crisis-driven monetary actions, the Bank of England plans to manage liquidity through repurchase agreement (repo) practices rather than by purchasing large...
ICMA responds to digital securities sandbox proposals
The International Capital Market Association (ICMA) has suggested a number of amendments to the FCA and Bank of England’s proposal to implement and operate...
BoE: Higher interest rate headwinds may impact private credit
Lee Foulger, director of financial stability, strategy and risk at the Bank of England, has said that higher interest rates, choppier market conditions and...
Bank of England to back the buy side in market turmoil
The Bank of England (BoE) will develop a new lending tool for non-bank financial institutions, starting with UK insurance companies and pension funds, which...
Regulation Brings TradFi and DeFi Worlds Together
The European Union passed a legal framework for crypto-assets in the region in April this year, covering markets that are not regulated by existing...
Trading: Are bond markets broken?
Stressed events – like the gilt market turmoil – are proving too much for the secondary markets to handle.
Behind closed doors, senior traders are...