Regulation27 Aug 2026

UK to give the Bank of England a secondary objective on payments innovation

HM Treasury will legislate to make supporting innovation in payment systems and digital money a formal, secondary duty of the Bank of England. Financial stability stays the...

UK to give the Bank of England a secondary objective on payments innovation

What changed

HM Treasury will legislate to make supporting innovation in payment systems and digital money a formal, secondary duty of the Bank of England. Financial stability stays the primary objective.

What merchants must do

None stated — verify against sources.