On 2 May 2025, the Bank of England (BoE) launched an Artificial Intelligence (AI) Consortium as a public–private platform to gather stakeholder input on AI applications within UK financial services. The initiative seeks to identify current and potential uses of AI, assess its benefits, risks and challenges, and inform the BoE’s and Financial Conduct Authority (FCA)’s approach to ensuring its safe adoption in financial services.

The Bank of England (BoE) has launched a consultation on its proposed regulatory regime for sterling-denominated systemic stablecoins and the application of holding limits. Developed in coordination with the Financial Conduct Authority (FCA) and HM Treasury (HMT), the framework aims to foster innovation while safeguarding financial stability.

The Bank of England (BoE) has issued a policy statement outlining the fees regime for financial market infrastructure (FMI) supervision for the year 2024/25. This statement confirms the fee rates necessary to meet the Bank's funding requirements for FMI supervisory activities and specifies the hourly costs for special projects. The BoE has taken into account feedback from the consultation paper for supervisory fees for FMI for 2024/25, addressing concerns regarding the timing of consultations, the proportionality of fees, and the impact of increased fees due to new responsibilities under the Financial Services and Markets Act 2023 (FSMA 2023). To mitigate immediate financial impacts on firms, the BoE plans to spread the costs of developing the UK central counterparty (CCP) rulebook over three years.

The Bank of England (BoE) has published a report outlining its approach to creating an environment that enables responsible innovation in artificial intelligence (AI), distributed ledger technology (DLT) and quantum computing. The report sets out the work the BoE has undertaken and plans to undertake to support the safe and effective adoption of these technologies while fulfilling its statutory objectives of maintaining monetary and financial stability and ensuring the safety and soundness of regulated firms. It provides a toolkit of actions the BoE can deploy to encourage innovation while mitigating potential risks. The BoE also highlights plans to collaborate with industry, other regulators, and government to deliver the outlined work and ensure technological innovation sustainably supports economic growth.

MLex: The Bank of England (BoE) is paying closer scrutiny to the stock prices of artificial intelligence (AI) companies and the exposure of UK banks to them, after saying valuations driven by large US technology companies were comparable to the peak of the dot-com bubble.

Law360, London: The Bank of England (BoE) revealed plans to speed up the approval process for insurance special purpose vehicles (ISPVs) used by insurers to manage risk, aimed at boosting the competitiveness of London's insurance market.

The Bank of England (BoE) has published a consultation paper for supervisory fees for financial market infrastructure (FMI) for 2024/25. The consultation closes on 18 December 2024.

The Bank of England (BoE) has published an update on its new data and analytics strategy, including key priorities for the years ahead, and Green Notice 2024/01, giving notice of its intention to update the Statistical Data Point Model. The BoE plans to release a public working draft (PWD) of the updated taxonomy and data point model in Q4 2024. Exact dates will be communicated later in 2024 along with final implementation dates.

The Bank of England (BoE) has published the results of its 2024 supervisory stress test (SST) report of UK central counterparties (CCPs). The report found that all UK CCPs remain resilient to severe market stress combined with the default of their two largest clearing members. However, compared to the previous stress test, the CCPs experienced greater losses due to the specific nature of the stress scenario and the distribution of their exposures, including shocks beyond historical levels for some products. Additionally, some CCPs had reduced their pre-funded resources following a period of lower market volatility.

The Bank of England (BoE) has published a Discussion Paper on its approach to innovation in money and payments. The Discussion Paper sets out how rapid innovations in payments can impact on the BoE's monetary and financial stability objectives, bringing both opportunities and risks. The BoE invites responses to the Discussion Paper by 31 October 2024.

The Bank of England (BoE) has published its July 2025 Financial Stability Report (FSR), setting out the Financial Policy Committee’s (FPC) assessment of risks to the UK financial system and the actions being taken to address them. The FPC considers that the UK financial system remains resilient, although the global risk environment has become more challenging due to increased geopolitical tensions, trade fragmentation and sovereign debt pressures.

The Bank of England (BoE) has published minutes of the CBDC Engagement Forum for May 2025, summarising the Forum’s discussion on offline payments experimentation for the digital pound, privacy priorities following public consultation, and the roles of intermediaries under a platform model.