David Ramsden: The Bank of England - open to Fintech

Speech by Sir David Ramsden, Deputy Governor for Markets and Banking of the Bank of England, at the HMT's International Fintech Conference, London, 22 March 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Thank you for the opportunity to be here this afternoon at this important conference, speaking on behalf of the Bank of England as Deputy Governor with responsibility for the UK's RTGS and the CHAPS high value payment systems.

We are discussing the latest stage in the evolution of the UK's financial services sector and London's role as a global financial centre. Different infrastructures supported this evolution at different stages. My focus will be on the technological infrastructure to support fintech, where both private and public sectors have a role to play.