learn/westminster-business-forum

2017-01-17

Westminster Business Forum: FinTech in the UK - next steps for regulation, skills and investment

Westminster Business Forum

Suade is often invited to events with government bodies. The Westminster Business Forum held a conference where CEO, Diana Paredes was a keynote speaker.

This conference will focus on key challenges and opportunities for developing the UK’s FinTech industry.

Delegates will have the opportunity to engage with officials and frontline stakeholders on a range of issues and opportunities for the industry, including latest thinking on improving sector skills, attracting investment, and developing a regulatory framework that supports innovation and consumer protection.

The conference is scheduled to facilitate discussion on the Financial Conduct Authority’s recently introduced Regulatory Sandbox - which seeks to create a ‘safe space’ for businesses to test innovative financial products - and also follows the regulator’s current consultation on supporting the development of RegTech, which is expected to report this summer. The event is also timed as HM Treasury considers feedback from its recent consultation on developing a draft innovation plan for financial services.

Sessions will discuss next steps for encouraging further growth and skills within key sectors such as P2P and digital currencies, as well as developing the growth of UK FinTech companies regionally and internationally - such as how best to develop further FinTech ‘bridges’ and Financial Centres of Excellence, aimed at attracting further international investment.

Speakers and other delegates at this conference are expected to be a senior and informed group including Members of both Houses of Parliament, senior officials from Central Government and the FCA, alongside a range of industry representatives from across the financial services sector as well as technology and regulatory experts, business groups, consumer bodies and national and trade press.

To see more on the Westminster Business Forum click here.

Some other events that Suade has participated in include a round table with HMT here and a round table with the Up Group discussing the RegTech sector and GDPR here.