UK Chancellor Philip Hammond is due to promote the role that the UK plays in shaping global views on the FinTech sector, highlighting Britain’s ambitions to lead the design of a regulatory approach to cryptoassets and distributed ledger technology at the annual IMF Annual Meeting in Bali.
Innovate Finance continues to connect its 250 FinTech members with all partners in the financial ecosystem, along with government departments and regulators in order to cement Britain’s position as a global industry leader in Financial Services. You can find the full HM Treasury’s press release here.
Charlotte Crosswell, CEO, Innovate Finance said:
“I am delighted that FinTech is taking centre stage at the IMF Annual Meeting in Bali and that the Chancellor will reinforce Britain’s role as the ‘natural global home’ of new and innovative financial services. It is very encouraging to see that the Chancellor will further British FinTech interests at the very top of international finance, whilst simultaneously pushing for closer international cooperation for innovation. Driving a collaborative approach and cementing the UK as world-leader in FinTech will be beneficial to all stakeholders.”