Tagged: global financial innovation network

Global Financial Innovation Network Organizes Cross-Border Testing Initiative

The Global Financial Innovation Network (GFIN), an international Fintech regulatory initiative created by the UK Financial Conduct Authority, will be hosting a cross-border testing initiative that will include 23 different regulators from 5 different continents. In 2019, GFIN completed a cross-border testing pilot. GFIN is… Read More

UK Launched GFIN Expands with Addition of US Regulators; SEC, FDIC, OCC Join Current Member CFTC to Support Global Fintech Mission

GFIN, or the Global Financial Innovation Network, has gained multiple US regulators as members. GFIN now lists the US Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC) as members joining the Commodity Futures Trading Commission… Read More

Honk Kong Monetary Authority Shares Update on Global Financial Innovation Network

The Hong Kong Monetary Authority (HKMA) has posted a deck on GFin or the Global Financial Innovation Network. Hong Kong has emerged as a leading Fintech hub having embraced innovation in financial services. GFiN was launched by the UK Financial Conduct Authority (FCA) a bit… Read More

FCA Announces Cross Border Tests with GFIN, Most Participants are Blockchain Focused

The UK Financial Conduct Authority (FCA) has announced the first cross border tests of the Global Financial Innovation Network (GFIN) – a grouping of global regulators seeking to collaborate on Fintech innovation. The FCA states they received 44 applications for the pilot. After this initial… Read More

Crowd2Fund Looks to the Global Financial Innovation Network Markets for Expansion

Crowd2Fund, a UK based investment platform, is targeting the Global Financial Innovation Network (GFIN) markets for expansion. In late 2018, the UK Financial Conduct Authority (FCA) ratcheted up their innovation focus by launching GFIN as it sought to target the larger challenges of cross border… Read More

Disclosure Sandbox: CFPB Updates Sandbox Concept. Not Just for Fintech…

Last September, the Consumer Financial Protection Bureau (CFPB) issued a statement on their proposed regulatory sandbox – a concept trailblazed by the UK Financial Conduct Authority (FCA) and since embraced by multiple regulators around the world. At the time of the earlier announcement, the CFPB… Read More

The Global Financial Innovation Network Now Open for Applications

The Global Financial Innovation Network (GFIN) is now open for applications. GFIN is a group of 29 international organisations including the Financial Conduct Authority (FCA) as well as the US Consumer Financial Protection Bureau (CFPB), Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA) and… Read More

Send this to a friend