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The Bank of England and the Bank of International Settlements are launching a BIS Innovation Hub Centre to boost collaboration between stakeholders in the financial sector. The London hub will be the 4th new centre opened in the last 2 years, following on from centres in Toronto, Frankfurt/Paris and Stockholm.

"I am delighted to welcome the next phase of the BIS Innovation Hub's expansion with the establishment of the new Centre with the Bank of England in London, where there is such a strong nexus of technology and finance," said BIS Innovation Hub Head Benoît Coeure.