On 22 March 2018, the Bank of England (BoE) published a speech given by Dave Ramsden (Deputy Governor for Markets and Banking, BoE) entitled The Bank of England – Open to Fintech. In his speech Mr Ramsden states that the BoE is setting up a new Fintech Hub that will sit at the heart of the BoE, to consider both how the BoE understands and how it applies fintech, relevant to its mission.