The Financial Stability Board (FSB) is chaired by Mark Carney, Governor of the Bank of England, a noted advocate of the potential benefits of FinTech. Carolyn Wilkins, Senior Deputy Governor of the Bank of Canada, chairs the FSB’s FinTech Issues Group.
Up Next in Risk & Regulatory
Canada is actively trying to work with Fintechs maneuver regulations. This year marks the 1 year anniversary of the Fintech Advisory Committee (FAC) which serves to advise the OSC Launchpad on market developments and challenges. The OSC Launchpad works with Fintechs to navigate securities regulatory requirements. The OSC is now actively recruiting for a new set of industry thought leaders to advise on the FAC.
Ontario Securities Commission seeks applicants for fintech advisory committee
The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).
Finextra Research - Finextra
Nasdaq proposed a Blockchain-based asset ownership data storage system. This system enables data to be stored on a public ledger while ensuring privacy through each block’s cryptographic hash value .
Nasdaq Files Patent for Blockchain-based Asset Ownership Data Storage System
Nasdaq seeks patent for storing ownership information of assets on a Blockchain, not yet ready to implement technology.