The members of our Innovation Advisory Group (IAG) will join as the group meets for the first time in February.
Our aim was to establish an advisory group[1] that could provide early input into planned initiatives, bring to the FCA’s attention to key issues or concerns impacting the FinTech and RegTech sectors, and identify opportunities for continued innovation in financial services, and collaboration between the industry and the regulator. By carrying out these functions, the IAG will help the Innovation department achieve its objective of promoting competition in the interest of consumers.
We received 96 applications to join the IAG. Following the selection process we are pleased to announce the appointments of the following rotating IAG members:
- Pinar Akman, Professor of Law & Director at Jean Monnet Centre of Excellence on Digital Governance - University of Leeds
- Esra Kasapoglu, Director of AI and Data Economy - Innovate UK
- Etay Katz, Senior Partner, Financial Regulation - Ashurst LLP
- Massimo Preziuso, Lecturer in Sustainable Financial Technology - University of Salford
- Ghela Boskovich, Founder of FemTechGlobal & Head of Europe - Financial Data and Technology Association (FDATA)
- Alastair Reed, Principal Policy Adviser, Money - Which?
- Tom Bull, Partner & Head of FinTech Growth - Ernst & Young LLP
Rotating members will join the IAG for one year minimum term and will work alongside a group of trade associations and a research firm who have been appointed to the IAG as fixed members:
- Phillip Mind, Director of Digital Technology & Innovation - UK Finance
- Adam Jackson, Director of Policy - Innovate Finance
- Jason Boud, Co-Founder & CEO - RegTech Associates
- Ian Waterworth, Director of Technology & Operations - Association for Financial Markets in Europe (AFME)
- John Allan, Head of Innovation and Operations Unit - The Investment Association
Our selected members bring a wealth of knowledge and experience in areas that are closely aligned to the Innovation department’s workplan for 2023, including artificial intelligence and other emerging technologies, competition, digital markets, financial inclusion, and sustainability.
The group’s collective insights will help to shape the FCA’s view of innovation in financial services - resulting in better-informed internal decision making, and enhanced industry-facing initiatives that provide tangible value to innovators and consumers.
The IAG is due to convene for the first time in February 2023 and will meet at regular intervals throughout the year.