The Financial Conduct Authority (FCA) has entered into a co-operation agreement with Candian regulator Ontario Securities Commission (OSC) in an effort to boost innovation.
The two bodies have committed to sharing information on emerging trends and regulatory issues relating to innovation in financial services. The agreement follows the creation of the FCA's Innovation Hub...
Regtech or fintech
Underperformance still present – for now
15% increase in number of claims paid
Open architecture philosophy
Inflation above 2% for first this this year