OSFI Stakeholder Engagement: Help Shape the Future of Finance

OSFI | May 11, 2023

Image: Unsplash/David Hofmann

Digital Innovation Open Door

• ​We will be hosting a series of stakeholder engagement opportunities. This initiative will allow industry and the Office of the Superintendent of Financial Institutions to have open discussions on digital innovation topics.
• Uncover fintech innovations:  Whether you work for an established entity or start-up, a corporation, association, a regulatory authority or anything in between, we want you to take part in our Digital Innovation Open Door. We’re interested in discussions to advance our regulatory and supervisory functions.  This initiative offers you the opportunity to provide insight that could potentially help shape the future of finance regulation in Canada. If you have a potential viable concept, we may invite you to test your product in our “digital innovation sandbox”.  Here are a few examples of organizations we’d like to engage with in this initiative:
  • FinTech/BigTech
  • Corporations working in the digital innovation space
  • Federally regulated financial institutions
  • Industry associations
  • Regulatory authorities

See:  Speech by OSFI Superintendent Peter Routledge: Looming risks and long-term resilience

• We have a particular interest in the following topics:
  • Artificial intelligence
  • BigTech
  • Cryptoassets
  • Custody
  • Distributed ledger technology
  • FinTech
  • Open finance
  • Quantum computing in financial services
  • Risk management of machine learning in third parties
  • Sandbox
  • Smart contracts
  • Tokenization of assets
• How to register:    Register here!
  • When you register, please provide as much detail as possible, as this will allow us to bring the appropriate subject matter experts to those meetings.  We’re planning to start meetings on June 14, 2023​, dependent on the number of expressions of interest received.  We’ll host this initiative virtually.

View the original announcement –> here

The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada’s Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org