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The UK’s Digital Securities Sandbox: Supporting The Next Frontier Of Innovation− Speech By Sasha Mills, Bank Of England Executive Director, Financial Market Infrastructure, Given At City Week 2024

Date 21/05/2024

 

The Bank is consulting on the architecture around the new Digital Securities Sandbox. In this speech, Sasha discusses how support for innovation interacts with clear rules and a commitment to financial stability, as well as opening the next frontier for innovation.

Speech

Good afternoon. Thank you for inviting me to speak at City Week. It is a pleasure to be here today. While we are in wonderful surroundings that embody resilience and reveal the patina of time, this event is focused on the future of financial markets and innovation. With a regulators’ perspective, my attention is drawn to how to foster innovation’s safe coexistence with the old. In the City of London’s historic centre of administration, I want to talk about the next frontier in innovation - that is progressing innovative opportunities into real world, meaningful activity.

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