The approach mirrors that of the United Kingdom's so-called "sand box," in which regulators have embraced simplified rules governing fintechs that are being fined-tuned as the sector grows in size and relevance.
As we manage this change, how will the three biggest Brexit implications for the digital sector, as researched by techUK, impact Jersey – and is the way forward even a little bit clearer?
Fritz, who is also a member of the Financial Services Consumer Panel, said more firms needed to consider how they presented information to consumers.
The partnership with Droit, as well as Trax's trade repository connectivity, allows Trax to provide eligibility and reporting services across the full suite of derivative reporting jurisdictions.
The increasingly complex interplay, and overlapping responsibilities, between federal and state regulators also provides challenges for US financial regulators
The SEC releases guidance on robos, advisors aren't talking to clients enough about risk, and there may be a looming retirement crisis.