Fintech Regulations

To help you think about your compliance and regulatory landscape and build a solid regulatory foundation for your fintech, here are some resources to consider. These are key areas you should familiarize yourself with - it is not an exhaustive list.

Canada

I. Retail Payment Activities Act (RPAA)

II. Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

III. Personal Information Protection and Electronic Documents Act (PIPEDA)

Europe

I. Revised Payment Services Directive (PSD2)

II. General Data Protection Regulation (GDPR)

USA

I. Fair Credit Reporting Act (FCRA)

II. California Consumer Privacy Act (CCPA)

III. Securities and Exchange Commission (SEC)

IV. Truth in Lending Act (TILA)

V. Equal Credit Opportunity Act (ECOA)

BRAZIL

I. LGPD (Brazilian data protection law)

Other regulations to keep in mind

I. Financial Data Exchange (FDX) - global industry standard

II. Payment Card Industry Data Security Standard

III. Securities Regulations

IV. Data Privacy Laws

V. Lending Regulations

VI. Consumer Protection Laws

VII. Cybersecurity Regulations

VIII. Cloud Computing Regulations

IX. Digital Identity Regulations

X. Anti-Money Laundering (AML) and Know Your Customer (KYC)

A great guide can also be found here on Sheela Ursal’s post detailing these resources.