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