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British Columbia Securities Commission Seeks Applications from the Financial Technology Community to Join the Fintech Advisory Forum



On January 27, 2020, the British Columbia Securities Commission (BCSC) announced that it is seeking applications from the financial technology community to join the Fintech Advisory Forum.

The Fintech Advisory Forum’s members will advise BCSC staff about fintech trends and developments, including opportunities and risks, and provide input on fintech issues in the securities industry and securities law issues affecting fintech.

The Fintech Advisory Forum will be led by the BCSC’s Fintech & Innovation Team (FIT), formerly known as the Tech Team. Established in 2017, FIT has responded to hundreds of fintech-related inquiries and has facilitated the authorization of innovative business models, including security token dealers, crypto investment funds and client onboarding processes that use artificial intelligence.

Successful applicants will serve two-year renewable terms as volunteers, meeting on an ad-hoc basis with additional consultations by phone or e-mail.

The application deadline is Friday, February 28, 2020. Further information regarding the Fintech Advisory Forum can be found here.

This publication is a general summary of the law. It does not replace legal advice tailored to your specific circumstances.

For more information, please contact the authors of this article or any member of our Securities Litigation Group.