Eduardo Guraieb is the director of Mexico’s fintech association. In this episode, Guraieb gives his perspectives about the country’s new fintech law, which was approved by congress in March.
The law sets out rules for crowdfunding companies and crypto assets, among others. It also opens the door to a “sandbox” (an testing environment, which companies can use to try out products on a limited scale) and to open banking, which broadens access to data traditionally held only by banks.
Eduardo shares his views on the new law, and what is ahead in the secondary legislation, in this chapter.
This interview is part of iupana’s special series on regulations for June 2018.
The vice-president for regulatory policy discusses fintech in Mexico
The risks – or not – of tech innovation in financial services
PODCAST: Launching a fintech startup in a land of high crime, hyperinflation, and brain drain
PODCAST: Sebastián Serrano, CEO of Ripio, on finances of the future
PODCAST: How blockchain could cut the cost of banking and financial compliance
PODCAST: The stock exchange’s CIO on experiences with Hyperledger fabric, and the limitations and opportunities of blockchain
Should tech companies be regulated by financial authorities?
No: Any financial services they offer are minor ancilliary business
Maybe: If they seek a banking license
Yes: Any company offering credit or payments should be monitored by financial regulators
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