| Link(s): | https://www.fca.org.uk/news/speeches/innovation-regulation-partners-success-financial-services |
Context
Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, gave her speech at Money20/20 Amsterdam.
Key points to note
Highlights of the speech include:
- Can a regulator be innovative? Can regulation be written differently? And can the financial services industry see regulation as partner in promoting healthy markets and better services for consumers?
- The next few years will bring about significant innovation and change in financial services.
- When used correctly and responsibly, data and technology can offer new and innovative services to consumers.
- We face another period of global economic uncertainty. Nevertheless, regulators can successfully harness the same forces that are transforming financial services, to provide more effective, proactive, and scalable regulation, to support innovation and effective competition, and protect consumers.
The speech is split into the following nine sections:
- Effective regulation through innovation
- Technology and external forces driving change
- The Digital Revolution
- The role of the FCA
- Our Data Strategy
- The FCA’s Innovation Services
- Our TechSprint programme
- The CryptoSprint
- Providing more effective, proactive, and scalable regulation, to protect consumers
Next actions
None – for information and awareness