Chinese Embassy

(asked on 8th July 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 June 2025 to Question 54290 on Chinese Embassy, whether the Bank of England has any role in relation to the cyber-security of financial institutions in and near the City of London.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 14th July 2025

The National Cyber Security Centre (NCSC) is the UK's technical authority for cyber security, including helping to protect the UK's critical infrastructure and services from cyber-attacks. The Bank of England, through the Prudential Regulation Authority and working closely with the NCSC, requires PRA-regulated financial institutions to have rigorous cyber-security frameworks in place and requires regular assessment of financial institutions’ cyber security measures.

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