Author(s)

RunNan Tu, Zhang HUA

Corresponding Author

RunNan Tu

ABSTRACT

FinTech is a complicated system engineering, which demands higher requirements for the professional specialty of financial supervision. In recent years, the financial regulatory authorities in many countries and regions positively explore FinTech regulatory innovation and have obtained certain experience, such as: to give appropriate regulatory exemptions to the pilot enterprises, to clear the entry criteria for the engaged enterprises, to determine the rules of time limit, scope and exit for the pilot test, to strengthen the protection of the financial consumers' rights and interests engaged in the pilot, to establish and perfect information disclosure institution, etc. Through referring to the development experience of foreign countries and avoiding the problems in their exploration, in an orderly and steady manner, our country will implement the pilot of FinTech regulatory innovation from the aspect of the party of supervision and implementation, the party of testing and the financial consumers.

KEYWORDS

Fintech regulatory innovation, Financial supervision, Financial innovation