7 April 2020: we presented a webinar on Central Bank Digital Currencies (CBDC).
We discussed highlights from our recent discussion paper on CBDC, which outlines one possible CBDC design approach and requests feedback from interested parties such as the payments industry, and academics. We have not yet made a decision on whether to introduce a CBDC and continue to actively research CBDC, drawing on expertise from across and outside of the Bank.
26 March 2020: we hosted The impact of machine learning and AI on the UK economy conference.
In collaboration with the Centre for Economic Policy Research and Brevan Howard Centre at Imperial College Business School in London, the conference sought to stimulate academic research on how machine learning and AI will affect our policy objectives.
12 March 2020: we published Open data for SME finance.
The paper builds on our response to the Future of Finance Report, in which we proposed an Open Data Platform to boost access to finance for SMEs. We explain our proposal in more detail, and provide an update on our research and industry engagement. This will guide our ongoing engagement with public authorities, including as an input to the Government’s Smart Data Review and Digital Markets Taskforce, as well as the FCA’s Open Finance initiative.