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Transforming Data Collection Communication To Firms – 23 March 2023 - Communication To Firms To Provide An Update On The Progress Of The Joint Transformation Programme, Which Is Being Led By The Bank Of England And FCA With Industry To Transform Data Collection From The UK Financial Sector

Date 23/03/2023

Joint transformation programme update

The Bank of England (the Bank) and the Financial Conduct Authority (FCA) are working together with industry to transform data collection from the UK financial sector. We are doing this through a joint transformation programme. In this publication we provide an update on the joint transformation programme including:

ETFGI Reports Active ETFs Listed Globally Gathered US$14.30 Billion In Net Inflows February 2023

Date 23/03/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that actively managed ETFs listed globally gathered net inflows of US$14.30 billion during February, bringing year-to-date net inflows to US$24.92 billion. Assets invested in actively managed ETFs increased by 21.5%, from US$429.72 billion at the end of January 2023 to US$522 billion, according to ETFGI's February 2023 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Bank Of England: Bank Rate Increased To 4.25% - March 2023 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 23/03/2023

Monetary Policy Summary, March 2023

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22 March 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.25 percentage points, to 4.25%. Two members preferred to maintain Bank Rate at 4%.

UK Financial Conduct Authority Appoints Executive Directors To Co-Lead Enforcement And Market Oversight

Date 23/03/2023

The Financial Conduct Authority (FCA) has appointed Therese Chambers and Steve Smart as joint Executive Directors of Enforcement and Market Oversight.

FINMA Provides Information About The Basis For Writing Down AT1 Capital Instruments

Date 23/03/2023

Exchange Of Letters Between The Bank Of England Governor And The UK Chancellor Regarding CPI Inflation - March 2023

Date 23/03/2023

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.

Global Financial Centres Index 33: The US Dominates With Five Top 10 Financial Centres

Date 23/03/2023

LME: Completion Of Nickel Warrant Checks And Confirmation Of Asian Hours Nickel Trading Resumption

Date 23/03/2023

This notice confirms that, following a 100% inspection of all bagged nickel warrants in LME-licensed warehouses, no further irregularities have been found in LME-warranted nickel stocks, and that Asian hours nickel trading will resume on Monday 27 March.

New Report Finds UK Consensus On The Unintended Consequences Of Shorter Settlement Cycles - Over 90% Of Participants In A Torstone Technology And Firebrand Research Study See Increased Risk Of Trade Failures, Penalties, And Market Inefficiencies

Date 23/03/2023

Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, and Firebrand Research, a provider of capital markets research and advisory services have today published a report underlining the impacts and challenges of shortening the settlement cycle in North America and potentially in the UK over the next two years.

Leadership, Strategy And Resilience − Speech By Afua Kyei, Bank Of England, Executive Director, Finance, Given At World Finance Forum, InterContinental London - The O2

Date 23/03/2023

Afua Kyei is the CFO and Executive Director of the Bank of England. She reflects on the importance of leadership, strategy and resilience drawing on her experiences having been at the core of the Bank of England’s leadership during unprecedented times.