FCA collaborates on new consultation to explore the opportunities of a Global Financial Innovation Network

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The Financial Conduct Authority (FCA) has, in collaboration with 11 financial regulators and related organisations, today announced the creation of the Global Financial Innovation Network (GFIN), building on the FCA’s proposal earlier this year to create a ‘global sandbox’.

Bill: The upshot is a group of regulators acting together to enable FinTech firms to develop new applications more easily than engaging with all the regulators individually.


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