What we do

The Innovation Hub is designed to support the development and adoption of new and innovative technology aimed at financial services. We provide a dedicated point of contact for firms to raise enquiries with competent authorities on Fintech and Regtech related issues and seek non-binding guidance on regulatory expectations.

The Hub provides a collaborative environment for Fintech and Regtech firms, established financial institutions, other island agencies and global regulators. We deliver a range of services to support innovation, providing regulatory guidance and clarification, insights, drop-in clinics and working groups on regulatory requirements and the challenges your organisation might face.

Our approach

Our approach to regulation is based on a deep understanding of the challenges facing the financial services industry. We are committed to working with industry stakeholders, start-ups, business relocations, and established financial institutions to develop solutions that benefit industry.

We believe that innovation and collaboration between policy maker, regulator and innovator is key to unlocking the potential of our industry and are excited to be at the forefront of this exciting and rapidly evolving sector.

Five pillars of the Innovation Hub

Outreach

Engage with industry stakeholders to exchange ideas and understand opportunities, challenges and trends.

Policy

Identify areas of policy that need to adapt to the changing technology and commercial landscape in financial services and drive change.

Guidance

Support industry to develop and adopt innovative propositions within the regulatory framework.

Intelligence

Share learnings within the JFSC and describe the future landscape of financial services.

Collaboration

Collaborate with other international regulatory authorities and on-island agencies to drive innovation and share best practice.

Outreach activities 

Roundtables 

Closed working groups designed to stimulate feedback to improve business operations and prioritise key areas of focus for the Innovation Hub.

Thematic workshops 

Industry engagement with leading subject matter experts, discussing and exploring emerging trends, horizon scanning and potential barriers for innovation.

Innovation Day 

An annual event where technology firms and regulated entities showcase their products and services in an open forum.

Events and conferences

A series of industry update events where key stakeholders from industry engage and collaborate on a variety of issues and topics.

Consultations and industry outreach

Engagement process with individual regulated entities, thought leaders and professionals to offer guidance, discuss emerging trends and gather feedback from potential changes to regulatory guidance.