The Prudential Regulation Authority

Felix I. Lessambo ()
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Felix I. Lessambo: Fordham University

Chapter Chapter 9 in Fintech Regulation and Supervision Challenges within the Banking Industry, 2023, pp 127-132 from Palgrave Macmillan

Abstract: Abstract The UK financial regulators and policymakers are very receptive to FinTech. FinTech firms, which carry on certain regulated activities, fall within the ambit of the regulatory bodies, unless an exemption applies, and need to be authorized and regulated by one or more regulatory bodies. The BoE launched a Fintech Accelerator in June 2016 to help it harness Fintech innovations for central banking purposes.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-25428-4_9

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DOI: 10.1007/978-3-031-25428-4_9

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