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ARTICLE · 10 JANUARY 2017

Fintech Regulatory Developments: 2016 Year in Review

McCarthy Tétrault
McCarthy Tétrault
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This year was a tremendously active year for Fintech in Canada and internationally, and 2017 promises to be even more so.

CanadaTechnology
CyberLex Blog
CyberLex Blog
David Badour
David Badour
Heidi Gordon
Heidi Gordon
Kirsten Thompson
Kirsten Thompson
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This year was a tremendously active year for Fintech in Canada and internationally, and 2017 promises to be even more so. In the Fall of 2016, we co-authored a comprehensive report together with the Digital Finance Institute, "FinTech in Canada: British Columbia Edition" on the state of the Canadian Fintech ecosystem, highlighting a number of the then-current industry and regulatory developments. As we head into 2017, we provide a brief summary of some of last year's Fintech regulatory developments in Canada and globally, and some developments to watch for in the upcoming year.

Canada – Federal

In May 2016, the Competition Bureau announced the launch of a market study on Fintech. This study is intended to explore whether regulatory reform is necessary to promote innovation while also ensuring consumer confidence. The Competition Bureau is expected to publish its report in the Spring of 2017.

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