BIS & Bank of England: Launch Innovation Hub London Centre
- BIS occupy a distinct position among international financial institutions
- Bank for International Settlements and Bank of England launch the Innovation Hub London Centre
- The launch part of a plan to expand the global reach of the Innovation Hub also includes the opening of Centres with the Bank of Canada (Toronto)
- In January 2021 signed a memorandum of understanding for a strategic collaboration with the Federal Reserve System (New York)
- The Innovation Hub’s work programme is currently focused on six areas: use of technological innovation in supervision
- The London centre will help advance Innovation Hub’s work on priority themes
