20 Queen St. W.
Toronto, ON M5H 3S8
|FOR IMMEDIATE RELEASE
November 22, 2017
OSC Requests Applications for Fintech Advisory Committee
TORONTO – The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).
The FAC advises OSC LaunchPad staff on developments in the fintech space and the unique challenges faced by innovative businesses in the securities industry. OSC LaunchPad (www.osclaunchpad.ca) is a dedicated team that provides direct support to eligible fintech businesses in navigating securities regulatory requirements. OSC LaunchPad strives to keep regulation in step with digital innovation.
The FAC will meet quarterly, with additional meetings as required. The FAC will be chaired by Pat Chaukos, Deputy Director, OSC LaunchPad, and will consist of up to 15 members. Membership terms will be for one year. Members will be selected based on whether they have direct experience in one or more of the following:
- Digital platforms (e.g. crowdfunding portals, online advisers);
- Cryptocurrencies or distributed ledger technologies (e.g. blockchain);
- Venture capital, financial services, securities, legal or accounting, with a focus on the fintech or technology sector;
- Data science or AI (artificial intelligence);
- Fintech or technology entrepreneurship;
- Compliance or RegTech solutions; or
- Cryptography or cybersecurity.
Interested parties should submit their résumé indicating their relevant experience by December 22, 2017.
Applications and questions regarding the FAC can be addressed to:
Fintech Coordinator, OSC LaunchPad
Ontario Securities Commission
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca
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