On April 11, 2016, the Economic Secretary to the UK Treasury, Harriett Baldwin, gave a speech at the 2016 Innovate Finance Global Summit in London. The Economic Secretary announced certain policies that the UK Government had adopted to support the FinTech sector, including establishing a FinTech panel, the delivery of a support function to set an overarching UK FinTech strategy and establishing ‘FinTech Bridges’ to work with priority global markets to assist UK FinTechs to grow internationally.

The HM Treasury press release is available at: https://www.gov.uk/government/news/uks-world-leading-fintechindustry-to-be-given-new-government-boost.