Helping build a broader understanding of the FCA across the Fintech community

Starting with a morning event on the 16th of January and working with the FCA team in Edinburgh. The session will explain the FCA’s approach to regulation with the team outlining the way the FCA works and share current priorities.

If you're a Scottish fintech sign up here to register your interest for that event.

The saying goes time flies when your having fun. Since joining FinTech Scotland I’ve come to fully realise the absolute truth behind that expression. I can’t believe it’s been 9 weeks since I joined the team. It’s been a whirlwind of meet ups, introductions, meetings and discussions. On top of a few pre-Christmas get togethers and events!

I want to say a huge thank you for the support and collaboration you’ve shown me as I stepped into the wonderful world of FinTech Scotland.  One thing is for sure - its a vibrant ecosystem that will continue to go from strength to strength because of the collaboration and drive of all involved and its a real privilege to be part of this.

The ambition across the community is immense. I think it ranges from driving efficiency, lowering costs and strengthening existing businesses through to more disruptive innovations seeking to build diversity, design unique products and drive consumer inclusion.

Whatever the ambition it’s likely there is a need to think about regulation - not perhaps the most exciting topic to raise in the run up to Christmas - but useful to note the event planned for January that aims to provide a solid insight into how the FCA operates.

The role of the regulator is broad and its worthwhile understanding its remit, how it works and how best to engage with, and navigate the organisation. The event on the 16th of January will help with this.

The FCA’s view on innovation is well documented. It is committed to supporting innovation in the interests of consumers. And the work the FCA does is focused on delivering better outcomes for the markets it regulates.

I look forward to working with you in 2019 and will welcome input and feedback on other subjects and topics that would be helpful to hear more about from a regulatory perspective. In the meantime I’ll look forward to seeing you on the 16th of January (if not before).

Wishing all a very ‘FintechMas’ and Innovative New Year.