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In addition to participating on the CSA Regulatory Sandbox committee, ASC staff participate with various national and international regulators in formal and informal collaboration respecting fintech.
International fintech networks include:
Through its membership in the Global Financial Innovation Network the ASC accepted applications by fintech entrepreneurs interested in international testing of their innovative product or service. Businesses interested in testing across international borders were invited to engage with the participating regulators.
Interested parties submitted a GFIN Cross-border Testing Application by December 31, 2020. The ASC and the other members of the GFIN reviewed and assessed the applications and are engaging with those that they were able to offer a testing environment or other supports.