FINMA Embarks On Plan To Facilitate FinTech Innovation

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5065
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

FINMA Embarks On Plan To Facilitate FinTech Innovation

Postby kreslik.news » Wed Mar 16, 2016 12:26 pm


Switzerland’s Financial Market Supervisory Authority (FINMA) has released a new publication that helps mitigate regulatory measures that were previously seen as stifling, in particular facilitating a number of innovations for fintech groups, according to a FINMA statement.

The release of the new manifesto suggests that FINMA has been interested in taking definitive steps to help streamline fintech innovation via the introduction of a new licensing category for groups. This includes a license exempt area for start-up companies.

More specifically, FINMA has supported the implementation of a new licensing category for financial innovators with a license-exempt realm, i.e. sandbox. This licensing carries advantages for ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”