Tag: Bank Of England

BoE: Bank of England could lower rates next week
January 24, 2020 BY Valentina Kirilova

BoE: Bank of England could lower rates next week

The following article was written by Alejandro Zambrano, Chief Market Strategist at ATFX UK. With seven days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank to ease the interest rate from 0.75% to 0.50% with a likelihood of 61%. Weak GDP growth and comments from the…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
July 19, 2019 BY Valentina Kirilova

IOSCO issues statement on liquidity risk management recommendations for investment funds

The Board of the International Organization of Securities Commissions (IOSCO) has just published a statement on liquidity risk management recommendations for investment funds. The complete text of the statement reads as follows: Liquidity problems which have recently affected some investment funds have been the subject of extensive media coverage. The Bank of England published a…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 16, 2018 BY Valentina Kirilova

Bank of Canada, BoE and MAS share assessment on emerging opportunities for digital transformation in cross-border payments

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…

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boe
February 07, 2018 BY Valentina Kirilova

Bank Of England issues Statements of Commitment to Market Codes

Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…

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November 30, 2017 BY Valentina Kirilova

BoE and FCA launch next phase of Sterling Libor transition work

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s new mandate will be to catalyse a broad-based transition to SONIA over…

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August 01, 2017 BY Valentina Kirilova

Bank Of England staff start pay strike

Staff at the Bank of England will today (Tuesday 1 August) start a three day strike at the bank. Members of the UK’s largest union, Unite, are holding a demonstration outside the bank’s London office at 8.15 am today to mark the start of a historic strike over pay. The Labour shadow chancellor of the…

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Mark Carney BoE macroprudential measures
June 28, 2017 BY LeapRate Staff

Carney has recourse to macro-prudential measures to cool off inflation in the UK

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Bank of England’s (BoE) Financial Stability Report revealed that Governor Mark Carney is moving toward macro-prudential measures to temper the UK’s rising inflationary pressures within the ‘Brexit reality’. Mark Carney can no longer…

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