Carney: BoE preparing for ‘fourth industrial revolution’

Bank of England governor Mark Carney

Mark Carney has pledged to create a “new” Bank of England (BoE) in preparation for a wave of technological change.

In a speech today (April 29), the governor stressed the need to adapt both the hard infrastructure and soft infrastructure of the bank – for instance, through overhauling the real-time gross settlement (RTGS) system, as well as numerous regulations and standards.

The speech came two months before Huw van Steenis, an adviser to Carney, is due to publish a review of the future of

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: