OSC seeks applicants for fintech advisory committee

Source: Ontario Securities Commission

The Ontario Securities Commission (OSC) is seeking applications for membership on its newly established Fintech Advisory Committee (FAC).

The FAC will advise staff of OSC LaunchPad on developments in the fintech space and the unique challenges faced by start-ups in the securities industry. OSC LaunchPad (www.osclaunchpad.ca) is the first dedicated team by a securities regulator in Canada to provide direct support to eligible fintech businesses in navigating the regulatory requirements. OSC LaunchPad strives to keep regulation in step with digital innovation.

The FAC will meet quarterly, with additional ad hoc meetings as required. The FAC will be chaired by Pat Chaukos, Chief of OSC LaunchPad, and will consist of up to 10 members. Members will be selected based on whether they have direct business experience in one or more of the following:

Digital platforms (e.g. crowdfunding portals, online advisers);
Cryptocurrency or distributed ledger technology (e.g. blockchain);
Venture capital, financial services and/or securities, with a focus on the fintech or technology sector;
Data science and/or AI (artificial intelligence); or
Fintech or technology entrepreneurship.

Interested parties should submit their résumé indicating their relevant experience by November 30, 2016.
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