Consultation paper on draft innovation policy for financial services

Consultation paper on draft innovation policy for financial services

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Background

The federal government announced in its Productivity Plan 2015 that departments will soon be needed to make use of regulators to write innovation plans by spring 2016. This announcement reflects the main element government try to ensure the UK is supporting the growth of new business models and disruptive technologies, wearing down barriers to entry and productivity that is boosting. For this the UK’s regulation and enforcement frameworks needs to be agile enough to respond flexibly to continuing developments in new technologies and business that is disruptive.

The purpose of this consultation is to lay out ongoing and work that is proposed foster a supportive regulatory framework for financial services that allows innovation to flourish. 阅读更多