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Global Financial Innovation Network (GFIN): Consultation Document

Update on next steps of the network and the role it’s expected to play in responsible innovation
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This consultation document and the accompanying resources describe the Global Financial Innovation Network (GFIN) initiative, including its objectives, membership, and governance. The document also provides a background to the discussion about international cooperation to facilitate cross-border financial innovation and coordinated regulatory approaches towards fintech. It then outlines next steps and implementation sequencing of the initiative. The document emphasizes the necessity to balance innovation with the four key financial sector policy objectives of financial inclusion, stability, integrity and consumer protection.

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Related:

- Cross-Border Testing Pilot for Innovative Firms

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