The CSA Financial Innovation Hub (FinHub) supports innovation in the Canadian capital markets where it may benefit the capital market and investors. FinHub brings together staff from CSA members across Canada to deepen the CSA’s understanding of emerging technologies and business models, and regulatory considerations. Through this work, the CSA can proactively understand how new technologies create value, assess their effect on capital markets and determine whether changes to regulatory approaches may be required.
The CSA Collaboratory
The CSA Collaboratory gives CSA members, market participants, investor advocates, academics and technology providers a structured way to share insights, test ideas and explore how specific emerging technologies and business models may affect securities regulation in Canada. The first two themes explored by the CSA Collaboratory are data portability in the investment market and tokenization of financial products.
Learn more about the CSA Collaboratory
FAQ
Who can engage with the CSA FinHub? Is it only for fintech start-ups or is it open to incumbents, such as dealers and financial institutions, to engage with as well?
Any firm, whether it is a dealer, a financial institution or a start-up, that is interested in the implications of an innovative business model or using a new technology may be eligible to participate in appropriate FinHub projects.
What types of activities will be available to market participants through the FinHub?
FinHub activities may include stakeholder engagement, research, workshops, roundtables and testing environments that support regulatory learning and innovation on specific areas of interest in capital markets.
Who should firms contact to obtain information about the FinHub?
Firms should contact the securities regulator in the jurisdiction where their head office is located. CSA members have dedicated staff to help innovators navigate the Canadian securities regulatory environment.
Contact information:
| British Columbia The BCSC Fintech & Innovation Team, at fit@bcsc.bc.ca or see https://www.bcsc.bc.ca/industry/financial-technology-innovation |
| Alberta Ryan Clements at FinHub@asc.ca |
| Saskatchewan Dean Murrison at dmurrison@gov.sk.ca or Caroline Smith at caroline.smith@gov.sk.ca |
| Manitoba Chris Besko at chris.besko@gov.mb.ca |
| Ontario OSC LaunchPad Support program: oscinnovation.ca/launchPad OSC Innovation Office Business Support team: osclaunchpad@osc.gov.on.ca |
| Québec Bruno Vilone at bruno.vilone@lautorite.qc.ca |
| New Brunswick registration-inscription@fcnb.ca |
| Nova Scotia Jane Anderson at Jane.Anderson@novascotia.ca |
Where can I find the name of the firms that have been authorized in the CSA Regulatory Sandbox (predecessor to the FinHub)?
View the list of decisions granted through the CSA Regulatory Sandbox.
Is the FinHub responsible for the registration of Crypto Asset Trading Platforms (CTP)?
CTPs are being registered under a focused, pre-registration undertakings process that is separate from the FinHub. View the list of decisions granted to crypto trading platforms.
Who should I contact if I am uncertain of whether my business model or new technology is subject to Securities Law?
A firm should rely on its legal advisers to make this determination. As securities regulators, the CSA and its members cannot provide legal opinion(s) or advice on a firm’s specific situation; they can provide general information and guidance on securities law requirements.