Mark Carney, the Governor of the Bank of England, delivered a speech today at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London, entitled “Enabling the FinTech transformation: Revolution, Restoration, or Reformation?”
Noting that “transparency is the hallmark of modern central banking and democratic accountability,” Carney wants the Bank of England to help enable a “sustainable Fintech reformation.”
Carney stated;
“With time, FinTech could mean a more open, more transparent, and more democratic global financial system.”
The speech is embedded below.
[scribd id=316009001 key=key-zyX2DDvmPMXB3GCbNDnD mode=scroll]