Levelling the playing field – innovation in the service of consumers and the market

Levelling the playing field – innovation in the service of consumers and the market

Speech

Levelling the playing field – innovation in the service of consumers and the market

In his 2021 address to FinTech Week, FCA CEO Nikhil Rathi highlighted the remarkable growth of the UK fintech sector, noting that its revenue had nearly doubled in just four years to reach £11 billion. He attributed this success to "regulatory open-mindedness," where the FCA balances its duty to promote competition with the essential need for consumer protection.

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