Source: The Fintech Times
As the UK charts a transformative journey in the world of financial technology, regulators have a prime opportunity to shape this landscape by fostering innovation. Leading this clarion call is Innovate Finance, the representative body for the nation’s fintech sector.
In a proactive step, Innovate Finance has articulated its vision in response to HM Treasury’s recent call for strategies on refining and gauging the success of UK financial regulators’ new competitiveness objectives.
This dialogue comes on the heels of the Financial Services and Markets Act, which mandates the FCA and PRA to amplify the global competitive edge of UK’s financial services. Integral to this is the Treasury’s authority to frame key performance indicators for success…
Read full article: https://thefintechtimes.com/redefining-regulation-innovate-finance-urges-uk-to-prioritise-fintech-innovation/
