Global Financial Innovation Network reports on progress

Posted: 01/07/2019

The Global Financial Innovation Network (GFiN) has published a report on its first year of activities and ambitions for the future.

The GFiN, set up in 2018 and officially launched in January this year, is an international network of organisations committed to supporting financial innovation in the interests of consumers. It includes both the Jersey Financial Services Commission and the Guernsey Financial Services Commission.

Spearheaded by UK regulator the Financial Conduct Authority, the network was set up to give regulators a forum to collaborate and share experiences and approaches to dealing with emerging technologies and pilot trials for new products and services across its member jurisdictions. 

The GFiN has grown over the past year from its 12 founding members to a 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.

• To view the report and find out more about the GFiN click here

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