From: BetaKit |Canadian Startup News & Tech Innovation
Borden Ladner Gervais LLP (BLG), a Toronto-based law firm focusing on business law, commercial litigation and arbitration, and IP, has released its annual list of top ten legal risks for businesses in 2017.
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The technology transformations section noted that FinTech regulation and disruption was of particular concern; as FinTech companies disrupt the status quo, financial regulators should be ensuring that consumer protection and market integrity standards are met. “The Canadian regulatory framework is an uneven, fragmented, divergent and overlapping patchwork when it comes to FinTech,” the report says.
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