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Ontario Securities Commission seeks crypto and blockchain experts for fintech advisory committee

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Shampa Mani reporter

Mon, 10 Dec 2018, 07:29 am UTC

Photo by PHILIP CHEUNG/THE GLOBE AND MAIL

The Ontario Securities Commission (OSC) has announced that it is seeking applications for membership on its Fintech Advisory Committee (FAC).

According to the official release, members will be selected on the basis of their experience in areas such as digital platforms (crowdfunding portals, crypto-asset trading platforms, online advisers, etc.); crypto-assets or distributed ledger technologies or blockchain; data science or artificial intelligence (AI); venture capital, financial services, securities, legal or accounting experience with a focus on the fintech or technology sector; fintech or technology entrepreneurship; compliance or RegTech solutions; or cryptography or cybersecurity.

The FAC advises OSC LaunchPad staff on developments in the fintech space and the challenges faced by startups in the securities industry. It will consist of up to 15 members and will meet quarterly, with additional meetings as required.

OSC LaunchPad is a dedicated team that engages with fintech businesses to help them navigate legal requirements and strives to keep regulation in step with digital innovation.

Those interested can send their résumé indicating their relevant experience by January 4, 2019.

Last month, the OSC launched two cryptoasset-focused educational initiatives in its efforts to familiarize people with this emerging new area of finance.

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