ASC Announces New Tech-Finance Advisory Committee

Regulation | Dec 12, 2023

Image: Unsplash/Ian Schneider

ASC Launches Advisory Committee for Tech-Innovation in Finance

The committee, composed of thought leaders and experts from various sectors including fintech, legal, regulatory, and finance, is tasked to bridge the gap between cutting-edge financial technologies and the existing securities regulatory framework. It's a timely initiative, as the financial sector is witnessing unprecedented growth in areas like blockchain, artificial intelligence, and digital currencies.

Committee Objectives

The primary objective of this advisory committee is to provide informed insights and recommendations to the ASC, helping to shape policies that are both progressive and pragmatic. The committee aims to:

• Create a platform for ongoing dialogue between innovators in the technology sector and securities regulators.
• Enhance the understanding of new technologies and their implications within the securities landscape among regulators and stakeholders.
• Offer expert advice on potential regulatory approaches that accommodate technological advancements while safeguarding investor interests and market integrity.
• Ensure that Alberta's regulatory environment is conducive to innovation, attracting fintech businesses and fostering economic growth.

Advisory Committee Members

• Matthew Burgoyne, Partner, Co-Chair of Digital Assets and Blockchain practice, Osler
• Alana Schoepp, Manager, Self-Serve Data & Analytics, Suncor
• Dr. Rei Safavi-Naini, Alberta Innovates Strategic Chair in Information Security, Professor of Computer Science, University of Calgary
• Dr. Nidhi Hegde, Fellow & Canada CIFAR AI Chair, AMII, Associate Professor of Computer Science, University of Alberta
• Dr. Alfred Lehar, Professor, Haskayne School of Business, University of Calgary

See:  Alberta, The untold history of innovation from Canada’s badlands – Part 1

• Dr. Barry Sanders, Professor, Institute for Quantum Science and Technology, University of Calgary
• Dr. Jean-Christophe Boucher, Associate Professor, Faculty of Arts, Science Director, International Policy and Trade, School of Public Policy, University of Calgary
• Dr. Kaiwen Zhang, Professor, Information and Communications Technologies, École de technologie supérieure, Université du Québec
• Dr. Raymond A. Patterson, Professor and Area Chair, Business Technology Management, Haskayne School of Business, University of Calgary
• JQ Lien, Partner, Technology Strategy & Transformation, KPMG

The ASC is still looking for additional members in the following areas:

• Machine learning and artificial intelligence
• Digital banking and digital payments
• Peer-to-peer economy
• Blockchain protocols and smart contracts
• Decentralized finance and decentralized autonomous organizations
• Tokenomics
• Quantum computing
• Economics and finance

See:  Bill 13: Alberta proposes ‘regulatory sandbox’ for innovative financial technology firms

Members are appointed for staggered three-year terms and meetings will take place quarterly. Interested subject matter experts are invited to contact Dr. Ryan Clements at email: ryan.clements@asc.ca.

The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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