The Bank of England (BoE) has published a speech by its executive director for financial stability, Sarah Breeden, on how it seeks to deliver trust and support innovation, both as a provider and as a regulator of retail and wholesale money. Breeden discusses the first-order threats and opportunities facing central banks and the private sector. The BoE plans to publish a discussion paper on wholesale payments and the importance of payments innovation by banks in summer 2024.

The Bank of England (BoE) has published a speech by its executive director of financial market infrastructure (FMI), Sasha Mills, in which she discussed how recent innovations in digital assets and payments pose both opportunities and risks to the BoE in meeting its monetary and financial stability objectives. Mills highlighted the BoE’s recent work on innovation, including its discussion paper on its approach to innovation in money and payments, the launch of the Digital Securities Sandbox (DSS), and experiments on wholesale payments.

The Bank of England (BoE) has published a speech by its executive director of financial market infrastructure (FMI), Sasha Mills, on operational resilience, ahead of the March 2025 deadline for FMIs to meet the BoE’s Operational Resilience Policy. Mills discussed the key principles of the policy for FMIs and priorities for FMI operational resilience ahead of March 2025.

The Bank of England (BoE) has published a speech by its executive director for financial markets infrastructures, Sasha Mills, discussing how innovation in wholesale financial markets, such as tokenisation and programmable platforms, could revolutionise post-trade processes, making them faster, cheaper, and more efficient. The BoE is also exploring ways to maintain central bank money as a settlement asset for digital transactions, including plans for experiments on synchronisation and wholesale central bank digital currency.

The Bank of England (BoE) has published a speech by its executive director for payments, Victoria Cleland, in which she provided an update on the Future Roadmap for the BoE’s Real Time Gross Settlement (RTGS) service. Cleland highlighted how close engagement with users is supporting innovation in a number of key areas, and said future developments could include enhanced access, extended settlement hours and innovative synchronised payments.

The Bank of England (BoE) has published a speech by its executive director for banking, payments and innovation, Victoria Cleland, in which she discussed the Real Time Gross Settlement (RTGS) service, and how the BoE is enhancing its core payments infrastructure and policies in the light of the opportunities arising from innovation and new technologies in the payment landscape. The BoE will publish a discussion paper in February 2024 to seek industry views on a number of areas of potential enhancements.

The Bank of England (BoE) has published a speech by its executive director for payments, Victoria Cleland, in which she discussed the benefits Legal Entity Identifiers (LEI) could enable for payments, the role that they can play in enhancing cross-border payments, and steps that could be taken to drive their uptake and use.

The Bank of England (BoE) has published its response to the discussion paper on reviewing access to Real-Time Gross Settlement (RTGS) accounts for settlement. The BoE outlines its actions and future plans to enhance access to RTGS, a system that allows for the immediate transfer of funds between banks. The response highlights the benefits of expanding RTGS access, such as increased financial stability, competition, and innovation in payments. It also addresses the need to balance these benefits with potential risks. Looking ahead, the BoE plans to explore offering settlement accounts with safeguarding facilities for non-bank payment service providers (NBPSPs) and supporting regulatory reforms to enhance NBPSP access to RTGS. The BoE also plans to engage with the industry to review the CHAPS direct participation threshold and address concentration risks. The response concludes by emphasising the BoE's commitment to evolving RTGS access policies in line with market developments.

Bank of New York—often acts as a security trustee.

The board of directors of a company.

Memorandum prepared by [Name of Firm] For the directors of [insert company name] (the Company) advising on annual environmental reporting 1 Scope This memorandum summarises the main environmental disclosures that the Company is required to include in its annual reports and accounts. It discusses the UK Listing Rule and Companies Act 2006 (CA 2006) requirements to include climate-related disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the requirement to report on greenhouse gas (GHG) emissions, energy use and energy efficiency actions under the Streamlined Energy and Carbon Reporting (SECR) regime and other environmental legislation[, and relevant principles and provisions from the UK Corporate Governance Code (UKCG Code)]. It also includes practical tips for companies in preparing environmental disclosures. As a listed company, the Company is subject to ongoing disclosure obligations under the UK Listing Rules, the Disclosure Guidance and Transparency Rules and the Market Abuse Regulation, which may involve the disclosure of environmental matters. These disclosure obligations are outside the scope of this memorandum, but we would be happy to discuss these with you

Memorandum prepared by [Name of Firm] For the directors of [insert company name] (the Company) advising on annual environmental reporting 1 Scope This memorandum summarises the main environmental disclosures that the Company is required to include in its annual reports and accounts. It discusses the Companies Act 2006 (CA 2006) requirements to include climate-related disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the requirement to report on greenhouse gas (GHG) emissions, energy use and energy efficiency actions under the Streamlined Energy and Carbon Reporting (SECR) regime and other environmental legislation[, and relevant principles and provisions from the QCA Corporate Governance Code (QCA Code) and the Wates Corporate Governance Principles for Large Private Companies (Wates Principles)]. It also includes practical tips for companies in preparing environmental disclosures. [As an AIM company, the Company is subject to ongoing disclosure obligations under the AIM Rules, the Disclosure Guidance and Transparency Rules and the Market Abuse Regulation, which may involve the disclosure of environmental matters. These disclosure obligations are outside the scope of this memorandum, but we would be