The Global Financial Innovation Network releases the report on its first year of operation

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

The Global Financial Innovation Network releases the report on its first year of operation

Canada NewsWire

MONTRÉAL, June 26, 2019 /CNW Telbec/ - Today the Autorité des marches financiers is pleased to announce the publication of the Global Financial Innovation Network's ("GFiN") "One Year On" report.

"The details of the report published today highlight the rigor and proactivity with which international regulators and related organisations worked together over the last year to support financial innovation and to create a framework for co-operation between regulators to share experiences and approaches to innovation," said Louis Morisset, President and Chief Executive Officer of the Autorité des marchés financiers. "The central role we play within the GFiN allows us to participate fully in discussions regarding the regulation of financial innovation, which is thriving and knows no borders."

The GFiN has rapidly grown over the past year from its 12 founding members, to be a global dialogue with 35 Member Regulators and 7 Observers from 21 jurisdictions. And it continues to grow.

The "GFiN – one year on report" sets out what the GFiN has been doing over the past year, the challenges it has faced, achievements, and its ambitions for the future. It is also to show that it is listening to stakeholders and welcomes feedback in order to ensure that the GFiN continues to add value.

GFiN members look forward to the next year of engagement and to improving ways of working together for the benefit of innovative firms and other stakeholders.

The AMF is a member of the GFiN's coordination group and will host the group's next meeting, which will be held in Montréal this October.

Key facts:

  • 35 members and 7 observers from 21 jurisdictions.
  • 99 responses from 26 jurisdictions received in response to the initial GFiN consultation.
  • 44 applications from 17 jurisdictions for the inaugural GFiN cross-border test pilot with 8 firms being selected to develop testing plans.
  • Nearly 60 representatives attended the first biannual meeting of the GFiN held in London in May.

The Autorité des marchés financiers is the regulatory and oversight body for Québec's financial sector.

Information: 

Media only: 
Sylvain Théberge: 514-940-2176

Information Centre:
Québec City: 418-525-0337
Montréal: 514-395-0337
Toll-free: 1-877-525-0337

Website: www.lautorite.qc.ca  
Twitter: @lautorite
LinkedIn: Autorité des marchés financiers (Québec)

SOURCE Autorité des marchés financiers

View original content: http://www.newswire.ca/en/releases/archive/June2019/26/c3353.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).