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ARTICLE · 20 DECEMBER 2016

Lucy Frew's Fintech Column: December 2016

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In this edition of her column, Lucy considers the FinTech and RegTech work strands of international, EU and UK regulators over the past 6 months...

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Lucy Frew
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INTERNATIONAL DEVELOPMENTS

Recent developments of signifi cance to FinTech are increasingly of an international fl avour, with much debate over the impact that political events such as Brexit and the Trump election will have on the FinTech sector. The future US President has said he wants to dismantle and replace the Dodd-Frank Wall Street Reform and Consumer Protection Act, a massive piece of fi nancial reform legislation passed in 2010 as a response to the fi nancial crisis of 2008, and roll back regulation generally. However, without knowing what will be put in place instead it is too soon to say what the Trump election will mean in practice for the FinTech sector.

In recent months there has also been a defi nite ramping up in the number of speeches, papers and initiatives relating to FinTech from worldwide regulators, governments and international organisations.

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