The Bank of England (BoE) has confirmed 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. The first operation applying the new rate will be held on 18 November 2025. The BoE had announced in June 2025 its intention to raise the spread from zero basis points to three basis points, and this update now confirms the effective date.

The Bank of England (BoE) has launched a consultation on its proposed supervisory fees for financial market infrastructures (FMIs) for the 2025/26 fee year. The consultation paper outlines the BoE’s approach to recovering costs associated with FMI supervision and policy development, including work on rulebooks for central counterparties (CCPs) and central securities depositories (CSDs). The consultation closes on 9 December 2025.

The Bank of England (BoE) is consulting on proposed changes to its statement of policy on setting the minimum requirement for own funds and eligible liabilities (the MREL SoP). Responses are requested by 15 January 2025; subject to the consultation outcome, the BoE proposes implementing these changes from January 2026.

The Bank of England (BoE) is consulting on proposed changes to statements of policy and procedure (SoPP) on enforcement following the Financial Services and Markets Act 2023 (FSMA 2023). Responses are sought by 28 June 2024. The proposed implementation date would be Q4 2024, after the BoE has considered the responses.

The Bank of England (BoE) is consulting on key elements of the UK’s future regulatory framework for central counterparties (CCPs), including proposals to restate certain requirements for CCPs in the UK European Market Infrastructure Regulation (UK EMIR) in BoE rules, together with targeted policy changes. Alongside, the BoE has published a supervisory statement (SS) on CCP margin; a consultation paper and draft statements of policy (SoPs) on its approach to supervisory processes and the use of rule permissions and waivers; and draft statements of policy for subject-specific permissions. Responses to both consultations are sought by 18 November 2025.

The Bank of England (BoE) has published a consultation paper (CP) setting out its proposed policy for exercising its power to direct a central counterparty (CCP) to address impediments to effective exercise of the stabilisation powers (resolvability) under paragraph 2, Schedule 11 to the Financial Services and Markets Act 2023. The purpose of the CP is to describe the context of the new power and to consult on the BoE’s draft statement of policy (SoP) ‘The Bank’s power to direct a CCP to address impediments to resolvability’, as set out in the appendix. Responses are sought by 18 October 2024.

The Bank of England (BoE) has published a speech delivered at The City UK by its financial stability strategy and risk executive director, Nathanaël Benjamin, on its new approach to stress testing banks, and developments in stress tests of other parts of the financial sector. The new approach combines regular stress testing for cyclical risks with the flexibility to explore different risks. It consists of three key components: biennial Bank Capital Stress Tests involving bank submissions, less burdensome desk-based exercises in intervening years, and exploratory exercises for structural and emerging risks.

As part of the design phase for a digital pound, the Bank of England (BoE) has said it is conducting experiments and proofs of concept (PoC) in collaboration with private-sector innovators and a range of stakeholders. These aim to assess the technical feasibility, technology and policy implications of potential digital pound design features, including the potential use of exiting point-of-sale (POS) hardware. No decision has been taken on whether or not to build a digital pound.

Law360, London: The Bank of England's (BoE) regulatory arm told a House of Lords Committee on 8 January 2025 that it will reduce bank reporting requirements and enable insurers to make certain investments before regulatory approval, amid other easing of its rules in line with government growth priorities.

Law360: The Bank of England (BoE) said on 27 March 2024 the proportion of banks, insurers and other firms that find artificial intelligence (AI) one of the greatest risks to the finance system has doubled in six months.

Law360: The governor of the Bank of England (BoE) has said he is a 'strong advocate' for plans by the Labour government to direct pension scheme capital toward British business, despite having warned against proposals that would mandate specific investments.

Law360: The governor of the Bank of England (BoE) has said that he disagrees with the idea of requiring pension funds to invest in UK assets, in an intervention that experts say could have a knock-on effect for proposed legislation for the sector.