May 2019

Innovation – what is the supervisor’s mandate?

Submitted by Livia Vosman 24. May 2019

3rd Baltic Financial & Regulatory Summit – FinReg 2019, May 24, 2019
As an introductory remark, I really should note that the topic of innovation in financial markets is a broad one. Approaches across jurisdictions may differ to a great extent, and this means that my view is only one among a million others. I will start off with a couple of assumptions, then I will discuss the work of Finantsinspektsioon with fintechs, and I will conclude with some lessons learned from our fintech experience.