Regulatory and Compliance

The Regulatory and Compliance team at the Bank of England is responsible for overseeing the prudential regulation of financial institutions, ensuring they operate within established guidelines to maintain financial stability. This team conducts supervision, risk assessment, and authorisations for various entities, including deposit takers and insurance firms, while also implementing regulatory technologies to enhance compliance and reporting standards. By fostering a robust regulatory framework, the team helps safeguard the UK's financial system against potential risks.