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 (FinTech) 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 edition of Corporate & Financial Weekly Digest). The Challenge encourages firms to apply to participate if they require specific regulatory support. Applications are assessed according to the following criteria:
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