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FinTech in Focus is available via e-mail, arriving in your inbox every Tuesday. The launch comes around the same time that the Swiss Financial Market Supervisory Authority announced efforts to reduce regulatory burdens on FinTech firms. And speaking of efforts to promote FinTech, the Australian government has published a report, Backing Australian FinTech , which highlights a number of steps the government is taking to support the FinTech economy in the country, including the creation of a regulatory sandbox and the formation of a FinTech Advisory Group.
The Australian Securities and Investments Commission also issued guidance covering robo-advice and marketplace lending. Comptroller of the Currency has indicated that it intends to publish a white paper covering FinTech firms and their relationships with banks in the near future. Supreme Court has invited the Solicitor General to file a brief outlining U.
Midland Funding LLC case. This invitation does not mean that the court has accepted the case for review, but it does suggest that at least some of the justices are interested in the case which leads to a higher likelihood that the court will end up reviewing the case — good news for certain online marketplace lenders and broader securitization markets in general. The consortium now includes 43 partners.
The blockchain preferred stock will trade and settle exclusively through the t0. And finally, Bitfury Group released a white paper covering public blockchains , in particular, and the use of the technology in storing digital assets. Online Finance Update The first comprehensive study of the online alternative finance market in the Asia-Pacific region was released last week. The top three markets: China, Japan and Australia. The CBRC will also step up oversight of P2P lending and launch special projects along with other government departments to address problems arisen from Internet finance.
Can high-density housing solve the affordability crisis? He focuses on fintech, capital formation policy and financial markets education initiatives. Comments No one has commented on this page yet. Your email address will not be published. Subscribe Terms of Use Privacy Notice.