Fintechs promised ‘tech-positive’ approach in UK watchdog's new strategy
By Phoebe Seers ( March 25, 2025, 09:03 GMT | Insight) -- Fintech companies received a fillip this morning with the UK financial services watchdog setting out a series of ambitions in its five-year strategy that it says will support the next generation of innovation. The Financial Conduct Authority has promised to take an “increasingly tech-positive approach,” along with other commitments that will see it aim to speed up authorizations, cut reporting requirements and give firms a direct contact point with the regulator.Fintech companies received a fillip this morning with the UK financial services watchdog setting out a series of ambitions in its five-year strategy that it says will support the next generation of innovation....
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