OSC goes live with program to help fintechs

By Staff | October 24, 2016 | Last updated on October 24, 2016
1 min read

The Ontario Securities Commission unveiled OSC LaunchPad, the country’s first securities regulator team to help fintechs navigate securities law requirements and accelerate time-to-market.

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OSC LaunchPad, launched Monday, will provide direct support to eligible new and early-stage fintech businesses that provide innovative services and products to investors.

The support will be tailored to each business, allowing for meetings with the OSC LaunchPad team on navigating the regulatory framework, meeting current regulatory obligations or receiving guidance at an early stage on potential securities regulation implications. In appropriate cases, the OSC will consider time-limited registration or exemptive relief for innovators to test their services and products.

OSC LaunchPad is now accepting requests for support from eligible fintech businesses.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.