FinTech firms navigate regulatory uncertainty

Current laws and regulations weren’t designed with FinTech or InsurTech in mind, so these startups must – on top of their business proposition – implement appropriate compliance procedures and grapple with legal uncertainties. Brett Carr surveys the challenges.

Brett Carr is a financial services solicitor at Bond Dickinson in London where he specialises in transactional finance matters and regulation. Contact him on brett.carr@bonddickinson.com.

You’d likely be forgiven for thinking that blockchain means FinTech and FinTech means blockchain, but the technologies underpinning the phrases ‘FinTech’ and ‘InsurTech’ go far beyond that.