How the FCA is saving UK fintech industry from Brexit fallout
By Ian McKenna
The regulator’s latest Business Plan emphasises a commitment to supporting innovation
Few things drive the adoption of technology more than regulation; there has always been a symbiotic relationship between the two. I can’t remember a document in the past few years that has better demonstrated this than the FCA 2019/20 Business Plan published a couple of weeks ago.
The document should be essential reading for anyone involved in industry technology. It presents an almost endless list of opportunities while, at the same time, calling out some very real issues where I fear many advice firms may be falling far short of what the regulator expects.
Cyber security is a constant theme. For all the benefits technology brings, the challenges of maintaining robust security seem to grow endlessly.
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