BoE Deputy Governor speech on future governance of financial globalisation

Industry News | 11/02/20

The Bank of England (BoE) has published a speech by its Deputy Governor, Financial Stability, Sir Jon Cunliffe, delivered at the German Economic Council Annual Finance Council on 11 February 2020. In the speech, Sir Jon outlines the progress made, and the challenges that remain, in the governance of financial globalisation, and acknowledges that close UK-EU collaboration in the future is vital for global financial stability, and for the management of cross-border risks, including changes to cross-border payment systems.