FCA Announces Launch of Green FinTech Challenge is the National Law Review’s 2019 article of the year. Authored by John Ahern, Carolyn H. Jackson, Nathaniel W. Lalone and Neil Robson of Katten Muchin’s London Financial Services group, this article not only announced the UK Financial Conduct Authority ‘s (FCA) “Green FinTech Challenge” launch, but it also took the extra steps of outlining key criteria that should be included in successful grant applications, examples of green solutions the UK FCA was looking for, and key deadlines. Even in niche areas like UK Green Fin Tech, this article received over 80,000 page views and provided NLR readers with actionable to-do’s and insight into the FCA’s goals.
On October 19, the UK Financial Conduct Authority (FCA) published a webpage announcing the launch of its “Green FinTech Challenge”, an initiative to support firms developing innovative products and services in the green, financial technology (FinTechFinTech) sector.
The Challenge is open to start-ups, incumbents and technology providers. Firms developing broader ethical, environmental, social or governance products and services also may apply, so long as there is a link with or associated benefit to the green finance agenda (for further details on the FCA’s discussion paper on green finance, see the October 19 article). The Challenge encourages firms to apply to participate if they require specific regulatory support. Applications are assessed according to the following criteria....