The Bank of England has recently made the decision to keep the names of pension funds, insurers, and hedge funds that receive bailouts confidential. This move is aimed at preventing any potential stigma that could arise from disclosing this information, which could in turn undermine the effectiveness of the rescue efforts and worsen financial instability.

The central bank's goal is to prevent a broader crisis from impacting the economy, and it has been accepting submissions from various "shadow banks" as part of its proactive approach to addressing financial distress and maintaining market confidence.

This approach involves maintaining the confidentiality of the names of the institutions receiving bailouts, as the bank believes that disclosing this information could lead to negative consequences. By keeping this information confidential, the bank aims to prevent any stigma that could arise and potentially worsen the financial situation.