One year on - Global Financial Innovation Network reflects on its progress - 27 June 2019
As a member of the Global Financial Innovation Network (GFiN), we are delighted to share its progress report on its first year of activities and ambitions for the future.
The GFiN is a network of international regulators and related organisations committed to supporting financial innovation and to creating a framework for co-operation between regulators to share experiences and approaches to innovation.
The GFiN has rapidly grown over the past year from its 12 founding members to become a truly global network of 35 member regulators and seven observers from 21 jurisdictions.
The report sets out what the network has been doing since it was set up, the challenges it has faced and what we, as a group, are looking to do next.
You can review the report and find out more about the GFiN here.
Set up in 2018 and officially launched in January 2019, the Global Financial Innovation Network is an international network of organisations committed to supporting financial innovation in the interests of consumers.
Spearheaded by the UK regulator, the Financial Conduct Authority, the network was set up to give regulators a forum to collaborate and share their experiences and approaches to dealing with emerging technologies and pilot trials for new products and services across the participating member jurisdictions. This aims to offer businesses a new and practical way to work with financial regulators to scale new products, services and business models.
A full list of GFIN members and observers, plus more information about the network and the pilot, are available on the JFSC website.