The Bank of England is managed by the Board of Directors. It consists of the Governor, two of his deputies (Deputy Governors) and 16 members of the Board (Non-Executive Directors). All of them are appointed by royal decree after the approval of the Parliament of Great Britain. The manager and his deputies are appointed for five years, the members of the Board of Directors - for four years. All of them can be appointed for the following terms. The Board of Directors shall meet at least once a month. His competence includes all issues of bank management, except for monetary policy issues, which are dealt with by the Monetary Policy Committee (MPC). The Chairman of the Bank of England is also the head of the Committee on Monetary Policy. The remaining members of this body are selected from among the well-known economists who do not work in the Bank itself. Currently, the Governor of the Bank of England is Mark Carney.
1.Bank of England, its goals, objectives and basic functions 2.Managment structure 3.Functions of the Bank of England 4.In accordance with the Memorandum, the Bank is entrusted with the following a responsibility 5.The second level of the banking system in Great Britain 6.UK Bank Resources 7.When choosing a bank to open an account, the following factors are usually evaluated 8.Insurance of bank deposits 9.10 major banks in the UK 10.Questions 11.Tests