Portuguese financial regulators launch the 4th edition of Portugal FinLab
Applications for the 4th edition of Portugal FinLab are now open! This initiative aims to bring innovators in the financial sector – start-ups or incumbent institutions – and the Portuguese regulatory authorities together.
The 4th edition of Portugal FinLab was officially launched yesterday by the Portuguese regulatory authorities at the event Closing the 3rd Edition and launching the 4th, held at Fintech House.
This event was attended by representatives of the three Portuguese regulatory authorities – Banco de Portugal, Comissão do Mercado de Valores Mobiliários and Autoridade de Supervisão de Seguros e Fundos de Pensões – and by fintech entities.
Applications for the 4th edition of Portugal FinLab will be open from 17 May to 17 June 2022.
For the pitch day, which will take place on 14 July 2022, the regulatory authorities will select all projects that fall within the competences of at least one of them.
After the pitch day, a maximum of five projects will be selected for analysis by the regulatory authorities. The analysis will be provided through a report that will identify the projects’ main regulatory requirements and any obstacles to their implementation.
For more information about the Portugal FinLab and the application process, visit the official site: www.portugalfinlab.org.
Report on the 3rd edition of Portugal FinLab published
The regulatory authorities also presented the report on the 3rd edition of Portugal FinLab, which was published yesterday on the official site.
The 3rd edition of Portugal FinLab had 29 applications, five of which from foreign entities. The regulatory authorities selected for analysis nine projects, most of which covered more than one activity sector, thereby benefiting from analysis by more than one regulatory authority.
The report also gathers the participants’ feedback about the 3rd edition, the organisers insights on the challenges brought by innovation to their sectors, and the views from the Academia on stablecoins, other crypto-assets and central bank digital currencies.