This timely seminar focuses on priorities for supporting the continued development of UK FinTech, assessing how the policy and regulatory environment can most effectively encourage growth, following the publication of the Government’s FinTech Sector Strategy.
Delegates will consider the challenges ahead for delivering the initiatives set out in the Sector Strategy - including a Cryptoassets Task Force, RegTech pilot schemes, and a forthcoming set of industry standards which will aim to support collaboration between incumbents and challengers - as well as the likely impact of the proposals and what further measures should be considered by Government.
Discussion is also expected on supporting the international growth of the sector in the context of Brexit, following the announcement of the FinTech Bridge between the UK and Australia - as well as what more could be done to support financing and investment in UK FinTech, with the British Business Bank launching the ‘British Patient Capital’ investment fund.
Further sessions will discuss the regulatory framework for FinTech - looking at how the FCA’s Project Innovate might best support the sector’s growth, with concerns around the availability of appropriate guidance and potential barriers to entry for some new market entrants - and comes as the FCA consults on using technology to achieve smarter regulatory reporting.
The seminar also follows the introduction of Open Banking and attendees will discuss its implications for the market, consumers, and security.
Overall, we expect speakers and attendees to be a senior and informed group numbering around 120, including Members of both Houses of Parliament, senior government officials involved in this area of public policy, together with a range of representatives from the financial services sector - such as banks, investment and savings platforms, payment service providers, crowdfunding businesses and insurers - as well as technology and regulatory experts, consumer bodies and national and trade media.