Media ININ Economy We Trust
DUBAI, 25th June, 2019 WAM
Today the Global Financial Innovation Network (GFiN) published a report highlighting the efforts of the international community of regulators, including the Dubai Financial Services Authority (DFSA), in driving global FinTech innovation and cross-border testing of innovative ideas.
Titled “GFiN – One Year On”, the report details the GFiN’s many activities over the past year, the challenges it has faced, achievements, and its ambitions for the future.
The GFiN is a network of international regulators and related organisations committed to supporting financial innovation, and to creating a framework for co-operation between regulators to share experiences and approaches to innovation.
As of June 2019, the GFiN has 35 financial services regulators with full membership status and seven Observers, including the IMF and the World Bank, from a total of 21 jurisdictions.
As a founding member, and a member of the GFiN Coordination Group, the DFSA supports the Network’s mission of advancing financial integrity, consumer protection, financial inclusion, and financial stability, through innovation in the sector.
