Fnality Recognises A Major Market Milestone - Bank Of England Publishes An Omnibus Accounts Policy To Enable Innovative Payment Systems
Date 19/04/2021 Today the Chancellor of the Exchequer made an announcement as part of UK FinTech Week 2021, welcoming the Bank of England’s new omnibus account model, devised to allow new and innovative financial market infrastructures to access central bank settlement money. Her Majesty’s Treasury and the Bank of England also issued a press release on the publication of this policy. Fnality International , a private sector initiative supported by 15 major financial institutions, ...
Source: mondovisione.com