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UK's fintech leadership is ‘not a birthright’ and development is needed, lawmakers urge

By Fiona Maxwell ( March 11, 2021, 16:29 GMT | Insight) -- The UK’s growing financial-technology sector remains internationally competitive but needs regulatory and other changes if it wants to hold onto its advantages, two lawmakers leading industry-focused parliamentary groups urged today. Their call comes in the wake of a report by entrepreneur Ron Kalifa that made a series of recommendations in fintech and competition regulation to help the UK maintain a leadership role post-Brexit.The UK’s growing financial-technology sector remains internationally competitive but needs regulatory and other changes if it wants to hold onto its advantages, two lawmakers leading industry-focused parliamentary groups urged today....

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