A raft of new measures designed to support the growth of the mutuals sector have been announced today by the financial regulators. They include a review of credit union regulations and the launch of a Mutual Societies Development Unit by the Financial Conduct Authority (FCA).
In a coastal fishing community in Kwale County, Kenya, solar power is providing reliable electricity for cold storage. This helps local fishermen preserve their catch, reduces dependence on a fluctuating grid, supports livelihoods through fairer prices, and secures a sustainable solar-powered future for the community.
As of 1st December, Dr Mike Enskat assumes the role of Director of the International Renewable Energy Agencies’ Innovation and Technology Centre (IITC) in Bonn.
The Bank of England (the Bank) has today launched its second system-wide exploratory scenario (SWES) exercise. This will focus on how the private markets ecosystem operates under stress and the potential implications for UK financial stability and the UK real economy.
Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.