Bank of England

Applications are open for the Synchronisation Lab – apply by 28 November. Synchronisation is a way to achieve atomic settlement in central bank money. It would leverage RT2 – the UK’s renewed RTGS service – and needs ‘synchronisation operators’ to orchestrate transactions. The Lab is the next step in our strategy to support safer, faster and more innovative wholesale settlement through building an RT2 synchronisation capability. It connects with initiatives such as the Digital Securities Sandbox, the DLT Innovation Challenge and our programme of wholesale experiments. We are inviting organisations interested in becoming a synchronisation operator to take part. Lab participants will: • test use cases in a dedicated, non-live environment • demonstrate how their solution meets user needs and would interact with RT2 • help shape the design of the future RT2 synchronisation capability We expect the Lab to launch in spring 2026 and run for six months. 👉 Learn more and apply: https://lnkd.in/efe7SVSn 🔍 Sign up for the applicant webinar: https://lnkd.in/eTXS2356

Sarah Breeden discusses the significant steps the Bank of England is taking to enable responsible innovation in finance in this period of profound technological change. She looks ahead to the Bank’s forthcoming consultation on its stablecoin regime to deliver their greater use in ‘real world’ payments, and the importance of active engagement with and by industry to drive the innovation we seek. Read her speech here: https://lnkd.in/eDXPzeVe

🔎 The uncertain economic and political outlook, together with the rapid evolution of the financial sector, puts a premium on the monitoring of nascent risks. As announced by FSB Chair Andrew Bailey in his latest letter to the #G20, the FSB will enhance its surveillance capabilities by: ✔️ improving its agility to recognise and respond to emerging vulnerabilities, ✔️ strengthening engagement, including with the private sector, ✔️ enhancing the communication of its assessments, to enable public and private sector stakeholders to better mitigate risks. ✉️ Read Mr. Bailey’s letter: https://bit.ly/43d3TrN #FinancialStabilityBoard #FinancialRisks #Vigilance #FinancialVulnerabilities #FinancialInnovation #AI #Stablecoins #Crypto

Today, we’ve published a paper outlining our approach to innovation in three transformative technologies: artificial intelligence (AI), distributed ledger technology (DLT), and quantum computing. These technologies have the potential to reshape the UK economy. If adopted responsibly, technological innovation can support sustainable economic growth and strengthen the financial system’s efficiency and resilience. The scale of change will influence all aspects of the Bank of England’s work. We need to understand how these developments affect our remit, while enabling responsible adoption in financial services. This publication sets out our approach to delivering the environment necessary to meet our statutory objectives and support responsible innovation. It also outlines the work we’ve done, and plan to do across AI, DLT and quantum computing. Read more here 👉 https://lnkd.in/eh9btV95

Banker bonuses: what’s changing? From October 2025, senior bankers in the UK will wait four years instead of eight for full bonus payouts. The Prudential Regulation Authority (PRA) and the Financial Conduct Authority will also encourage firms to link bonuses more directly to risk management. Bonuses can now start from year one, and firms gain more freedom in how they pay them. The goal? Cut red tape, boost accountability, and make the UK more competitive. This update brings us closer to global standards while keeping a firm grip on responsible behaviour. Read more here 👉 https://lnkd.in/emqC4UmY

We’ve launched a campaign to help improve young people’s financial and economic literacy. We want to empower the next generation with the skills and knowledge they need to manage their money confidently. Share the link below with young people you know and help them improve their knowledge of personal finance. They’ll also be in with a chance to win great prizes including the grand prize of £500 while they learn! 📲Join our Instagram Broadcast Channel to take part in the Mind Your Money Quiz: https://lnkd.in/eqSiyfG3

Earlier this year, the United States raised its tariffs on imports to levels not seen in a hundred years, and some other countries have also responded with higher tariffs. In these remarks, Alan Taylor explains his view on what these new tariffs mean for the UK and the rest of the world. What does theory predict, what does history tell us, and what might already be in the data? Read his speech here: https://lnkd.in/eEh9hSwt

Ahead of the International Monetary Fund (IMF) meetings in Washington, DC, Andrew Bailey, Governor of the Bank of England and Chair of the Financial Stability Board, has written an op-ed for Politico on the subject of the role multilateral institutions. He says an interconnected financial system requires both global cooperation and engagement, especially when it comes to delivering financial stability. Read article here: https://lnkd.in/eEKBmfwP