Speakers
Sasha Mills
Executive Director of Financial Market Infrastructure
Bank of England
Sasha Mills is Executive Director of Financial Market Infrastructure. Sasha advances our work to protect the UK economy by keeping the backbone of the financial system secure reliable. This work ensures enhancing the stability resilience of FMIs through risk-based, forward looking supervision. She also provides intellectual and policy leadership to both the international and domestic regulation of payments and stablecoins, and to the development of international policy on the role of margin. Sasha represents the Bank on the CPMI (Committee on Payments and Market Infrastructures) and CPMI IOSCO (International Organization of Securities Commissions) and related international groups.
Previously she was the Executive Director of the Resolution Directorate, and led the Resolution Directorate’s important agenda since 2018. She was responsible for advancing the Bank’s work on making sure the financial system is stable, ensuring UK banks, building societies, investment firms and central counterparties can be placed in resolution if they fail. She was responsible for overseeing supported the recent successful delivery of the Bank’s first assessment of the major UK banks’ resolvability under the Resolution Assessment Framework, a significant policy and legislative agenda, and senior cross border resolution exercises. Sasha has been a leading member of FSB ResG and chair establishment of its banking subcommittee.
Sasha joined the Resolution Directorate from our Prudential Policy Directorate, where she was Director of Cross Cutting and Insurance Policy. There she was responsible for policy that affects banks and insurers including structural reform; accounting and the capital framework; governance and individual accountability; disclosure; and policy strategy and implementation.
Sasha has extensive experience in regulation and central banking. She brings over thirty years of knowledge and understanding of financial markets to her role and has supervised some of the UK’s most systemically important firms.
Sasha takes a leading role in equity, diversity and inclusion issues and, having spent a significant part of her career working part-time, she is an advocate of flexible working.
Speaking at SFF 2026
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12:45–1:30pmWed 18 NovPolicy StageHall 3, Singapore EXPOOpen
Policy Rewiring
Central Banks and Future Payment Systems: Priorities, Trade-offs, and Opportunities for Cross-Border Collaboration
Policy StageHall 3, Singapore EXPOOpen
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Dr. Alexandra HachmeisterDirector General Digital EuroDeutsche Bundesbank
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Sasha MillsExecutive Director of Financial Market InfrastructureBank of England
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Stephanie CabossiorasChief Strategy & Global Policy OfficerSociete Generale-FORGE
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Sakkapop PanyanukulAssistant Governor, Payment Systems Policy & Supervision GroupBank of Thailand
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Karmela HoltgreveDeputy Head & Head of OperationsBIS Innovation HubModerator
About this session
As financial systems evolve, central banks face a dual challenge -modernising the infrastructure that works today while building the foundations for what comes next. This means making strategic choices around the future of digital money and settlement, wholesale and retail systems connectivity across borders, and the interoperability, liquidity and governance arrangements that underpin them. At the same time, an increasingly AI-enabled financial system is raising the bar for the safety, reliability and resilience of critical payment infrastructure. This panel will discuss the key building blocks for the next generation of payments and where deeper cross-border collaboration can deliver capabilities that individual jurisdictions cannot achieve alone.
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