The All-Party Parliamentary Group on FinTech was set up to raise awareness in Parliament of the growing importance of Financial Technology (FinTech) to the UK economy, to policy-making and to consumers. It aims to promote a regulatory framework that encourages a growing, inclusive and competitive FinTech industry, and seeks to investigate the potential applications of FinTech including peer-to-peer lending, crowdfunding, digital currencies, internet banking etc.
Reports & Meetings
The Kalifa Review, published in February, has received a lot of attention and driven plenty of discussion within the FinTech sector. The Chancellor gave the government’s response to the Review in April, announcing specific initiatives to start moving forward on some of the key recommendations. In this APPG on FinTech event, we will explore some of […]
Today (20 May 2021) in the House of Lords I asked about the Government’s plans for a distributed digital identification protocol. A distributed digital ID offers incredible potential for reimagining the relationship between citizen and state and delivering significant social and economic benefits. “Lord Holmes of Richmond to ask Her Majesty’s Government what plans they have […]
The All-Party Parliamentary Groups on FinTech and Financial Markets & Services are delighted to invite you to a joint event on Thursday 11 March, 14:30 – 15:30 – “The Kalifa Review – a roadmap for the future of UK FinTech”. The recently launched Review, chaired by Ron Kalifa, considers the UK FinTech sector’s current position […]
HM Treasury commissioned an independent review of the UK’s Fintech sector. Chaired by Ron Kalifa OBE, it was announced during Chancellor Rishi Sunak’s budget in March 2020. Innovate Finance have provided the secretariat alongside our colleagues at the City of London Corporation. Over the past decade, the UK has been quietly undergoing a quiet fintech […]
FinTech for inclusion and growth – ‘why I want to see innovation at the heart of financial services’
The passage of the Financial Services Bill through Parliament has happily coincided with a renewed focus on FinTech after the Kalifa Review’s publication in February. In the House of Lords, I took the opportunity to raise what I see as some of the biggest problems relating to financial services, and to position some of the […]