The IIAC was pleased to offer comments on British Columbia Securities Commission (BCSC) Notice 2018/01 – Consulting on the Securities Law Framework for Fintech Regulation (the “consultation paper”). The IIAC appreciates input received from members, industry experts and Fintech firms.
Fintech has the potential to add efficiencies and introduce a new competitive element to the industry, as well as fundamentally change the structure of the industry insofar as how firms, clients, vendors, and regulators interact. As innovation progresses, regulation needs to keep pace in order to facilitate business operations.
In this regard, the IIAC recommended … Continue reading