G and N

Who does the financial regulation team at Deloitte Legal work with?

• With government only

• With a broad spectrum of firms that operate within regulated sphere

• With firms from certain industries

• With a fixed set of companies

What does PRA mean?

• Progressive Retinal Atrophy

• Public Regulators Association

• Prudential Reguion Authority

Is there separate UK regulatory structure for Fintech firms?

• Yes

• No

What is it sometimes difficult for regulators to keep track of?

• New and rapidly developing technologies

• Old and well-known technologies

• Regulators do not have such problems

Is it important making sure that regulator understands your product?

• It is better if they do not understand

• It doesn’t matter

• It is very important

What does include areas of regulation that will potentially be relevant to a fintech business?

• AML, payment services and e-money regulations, data protection, open banking, regulation of digital assets and distributed ledger technology, financial promotions and marketing, client money and safeguarding and insurance regulation

• Liquidity of banks

• Business processes

What does FCA mean?

• Financial Chartered Analyst

• Football Chili Association

• Financial Conduct Autority

How UK fintech companies are mainly regulated?

• Fintech companies do not have any regulation

• In the same way as traditional financial services firms

• Stricter regulation than other firms

What is the speaker's name?

• It have not given in the video

• Steven Richardson

• Richard Storey

• Charly Storenblovskiy

What is the speaker's skin color?

• White

• Black

• Yellow