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UK Finance blog discusses Kalifa recommendations for maintaining UK fintech market share

Published on: 10 May 2021
Published by LNB News

LNB News 10/05/2021

Document Information

Issue Date: 10 May 2021

Published Date: 10 May 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

UK Finance has published a blog post on UK fintech and strategies from the Kalifa Review. It notes that Ron Kalifa’s report is set against the background of three broad threats: from international competition, from Brexit and from the coronavirus (COVID-19). Competitor jurisdictions such as Australia, France and Singapore are investing heavily in capital, skills and support for their own fintechs, which could lead to erosion of the UK’s market share.

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