Digital Innovation Open Door

We will be hosting a series of stakeholder engagement opportunities. This initiative will allow industry and the Office of the Superintendent of Financial Institutions to have open discussions on digital innovation topics.

Uncovering innovations in financial technology

The purpose is to uncover innovations in financial technology and digital finances.

We want to be well informed of risks and trends in the evolving digital innovation space. This will help inform the development of fair and effective guidance, rules, regulations, and supervision endeavors in this rapidly developing space.

We also want to determine how industry and regulators can work together to advance our understanding of these concepts.

While we look forward to discussing all digital innovation matters, we have a particular interest in the following topics:

  • Artificial intelligence
  • BigTech
  • Cryptoassets
  • Custody
  • Distributed ledger technology
  • FinTech
  • Open finance
  • Quantum computing in financial services
  • Risk management of machine learning in third parties
  • Sandbox
  • Smart contracts
  • Tokenization of assets

Help shape the future of finance

Whether you work for an established entity or start-up, a corporation, association, a regulatory authority or anything in between, we want you to take part in our Digital Innovation Open Door. We’re interested in discussions to advance our regulatory and supervisory functions.

This initiative offers you the opportunity to provide insight that could potentially help shape the future of finance regulation in Canada.

If you have a potential viable concept, we may invite you to test your product in our “digital innovation sandbox”.

Here are a few examples of organizations we’d like to engage with in this initiative:

  • Academia
  • FinTech/BigTech
  • Corporations working in the digital innovation space
  • Federally regulated financial institutions
  • Industry associations
  • Regulatory authorities

For more information

If you have any questions, please feel free to contact the Digital Innovation Hub at opendoor-porteouverte@osfi-bsif.gc.ca.