“GFiN – One Year On” A reflection of the GFiN’s achievements and challenges since inception, and ambitions for the future

June 27, 2019 REDAKSHON

“GFiN – One Year On”
A reflection of the GFiN’s achievements and challenges since
inception, and ambitions for the future

Willemstad/Philipsburg – In February of this year, the Centrale Bank van Curaçao en Sint
Maarten (CBCS) joined the Global Financial Innovation Network (GFiN).
GFiN was created to provide a more efficient way for innovative firms to interact with
regulators, helping them navigate between countries as they look to scale and test new
ideas in order to adapt to the pace of innovation and technological change. It also created
new means of co-operation between international financial services regulators to work on
innovation-related topics, sharing different experiences and approaches to innovation.
CBCS is pleased to announce the publication of the “GFiN – One Year On” report. The
report sets out what the GFiN has been doing over the past year, the challenges it has
faced, achievements, and its ambitions for the future. It is also to show that it is listening
to stakeholders, and welcomes feedback in order to ensure that the GFiN continues to
add value. The report can be downloaded via https://www.centralbank.cw/globalfinancial-innovation-network.
The GFiN has rapidly grown over the past year from its 12 founding members, to be a
global dialogue with 35 Member Regulators and 7 Observers from 21 jurisdictions. And
it continues to grow.
GFiN members look forward to the next year of engagement and to improving ways of
working together for the benefit of innovative firms and other stakeholders.