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Maha El Dimachki

Maha El Dimachki

Singapore Centre Head, Bank of International Settlements Innovation Hub
Maha is Centre Head, BIS Innovation Hub Singapore. The centre develops public goods in the technology space to support central banks in how they discharge their roles in a digital economy and improve the financial system using novel ideas and emerging technologies.
Prior to this, Maha was Head of Department for Early and High Growth Oversight leading the Financial Conduct Authority’s (FCA) response to the Kalifa review of Fintech. A Senior Leadership Team member, she is setting up this new department from the ground up as part of the FCA’s strategy.
Maha served as Chief Payments Officer at Pay.UK on secondment from the FCA, responsible for running the payments operations of BACS, Faster Payments, Image Clearing Services and related managed services.
Maha joined the FCA in 2017 to set up the first Payments Department and was responsible for crafting and implementing the FCA supervisory strategy for the UK Payments Sector. This included leading the implementation of the Second Payments Services Directive (PSD2) and Open Banking.
Maha has a keen interest in observing and participating in the many exciting changes that are unfolding in the financial services, innovation and fintech environment. She recently sat on the SteerCo developing the strategy and blueprint for the UK’s newly created Centre for Finance Innovation and Technology.
Maha is the author of Fintech Regulation in Practice. A book that provides a clear, hands-on guide to the practical considerations that fintechs, banks adopting fintech and other key players in the fintech ecosystem need to take into account when embedding regulation.
She has a Degree in Commerce from Macquarie University and a Masters in Public Administration from the London School of Economics and Political Science.