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ARTICLE · 23 APRIL 2019

Why Offshore For Fintech? - 08 April 2019

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

With a heritage that dates back to 1898, Carey Olsen is one of the most established and...

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Fintech is changing the way banking and financial services businesses are operating at an incredible pace.

GuernseyTechnology

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change in the fintech sector frequently outstrips the legal and regulatory landscape and fresh approaches are required to adapt. With this ever-changing landscape, securing the correct legal advice at the beginning of any new fintech venture is key to ensuring correct and cost-effective compliance with law and regulation.

The offshore space has long been recognised for its numerous flexible corporate structures, simple taxation, appropriate regulation, robust infrastructure and sophisticated legal systems. These are all factors that are critical to the successful development structures for fintech businesses. Smaller jurisdictions allow regulators to be more agile when updating regulation and with the broad

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