22 stories tagged #Bank of England

  1. Bank of England Probes AI's Financial System Risks
    finance

    Bank of England Probes AI's Financial System Risks

    The Bank of England is actively testing artificial intelligence risks to the financial system through scenario analysis and simulations, countering claims of a passive approach.

    last mo. 1 min read
  2. Global Stablecoin Standards Lagging, Warns Bank of England Governor
    finance

    Global Stablecoin Standards Lagging, Warns Bank of England Governor

    Bank of England Governor Andrew Bailey expresses concern over the slowdown in establishing international standards for stablecoins, highlighting risks to financial stability.

    last mo. 1 min read
  3. UK Regulators Scramble to Assess Anthropic AI Model Risks
    tech

    UK Regulators Scramble to Assess Anthropic AI Model Risks

    British financial regulators are urgently meeting with cybersecurity experts and major banks to evaluate potential risks from Anthropic's new AI model.

    last mo. 1 min read
  4. Flawed Climate Research Influences Global Financial Regulation
    finance

    Flawed Climate Research Influences Global Financial Regulation

    Retracted climate economics studies have already shaped central bank stress tests, raising concerns about policy built on shaky science.

    2mo ago 1 min read
  5. Yen and Euro Rally as Global Central Banks Hold Rates Amid Oil Shock
    finance

    Yen and Euro Rally as Global Central Banks Hold Rates Amid Oil Shock

    The yen surged 1% and the euro rose 0.63% as the ECB, BOJ, and BoE held rates steady amid inflation fears from Middle East conflict-driven oil spikes above $110.

    2mo ago 1 min read
  6. Coinbase CEO: UK Stablecoin Caps Threaten Crypto Innovation
    crypto

    Coinbase CEO: UK Stablecoin Caps Threaten Crypto Innovation

    Coinbase CEO Brian Armstrong warns proposed UK stablecoin limits could stifle innovation and drive crypto business overseas, impacting global competitiveness.

    3mo ago 1 min read