--- title: NYDFS Joins Global Financial Innovation Network description: Membership builds on New York’s role as a fintech hub. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/borsa-italiana-focuses-on-derivatives-innovation-May-12-2022-09-33-17-59-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Innovation](https://articles.marketsmedia.com/tag/innovation) - Innovation - NYDFS Joins Global Financial Innovation Network Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 10.25.2019 By Rob Daly Innovation # NYDFS Joins Global Financial Innovation Network 10.25.2019 By Rob Daly ![NYDFS Joins Global Financial Innovation Network](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/borsa-italiana-focuses-on-derivatives-innovation-May-12-2022-09-33-17-59-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) Superintendent of Financial Services Linda A. Lacewell today announced the New York State Department of Financial Services (DFS) has joined the Global Financial Innovation Network (GFIN). Launched by the U.K.’s Financial Conduct Authority (FCA), GFIN is a network of 50 international organizations committed to supporting financial innovation in the best interests of consumers. “New York is a center of innovation, and we look forward to engaging globally to continue to make New York an attractive place for pioneers,” said Superintendent Lacewell. “Innovation is priceless, and our membership in GFIN reflects our commitment to supporting innovative policies within modern regulatory frameworks that protect consumers.” As a sign of DFS’ actions to keep pace with the fast-moving changes in financial innovation, inclusion in GFIN will present numerous opportunities for DFS to engage with international partners as it works toward fostering market innovation that improves the lives of consumers, makes financial markets more resilient and better uses of technology for overseeing supervised marketplaces. DFS is uniquely positioned as a GFIN member by the breadth of financial products and services and the number of institutions the Department supervises, with DFS’ influence extending far beyond the borders of the state. Furthermore, DFS’ commitment to innovation was recently demonstrated by the establishment of a new Division of Research and Innovation, to position DFS as a regulator of the future. Aimed at establishing more efficient ways for businesses to interact with regulators, GFIN also seeks to facilitate cross-border testing in innovative financial products and services. Membership in GFIN holds three primary functions: a network of regulators to share experiences of financial technology innovations in respective markets, a forum for best practices and collaborative knowledge, and an environment to assess cutting-edge solutions. DFS joins 49 other financial regulators and organizations from around the world to encourage collaboration among financial authorities on a variety of pressing topics, including crypto-currency licensing, cyber regulations and conducting tech sprints for regulators. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/nydfs-joins-global-financial-innovation-network) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png?width=376&height=250&name=trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png)](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) Regulation ## [EU Achieves Electronic Trading of Standard OTC Derivatives](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) ISDA warns on proposed changes to post-trade deferrals regime. 07.07.2022 By Shanny Basar 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg?width=376&height=250&name=iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg)](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) Fintech ## [SIX Digital Exchange Collaborates with Fireblocks](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) The partnership will focus on delivering an institutional custody solution for digital assets. 07.07.2022 By Shanny Basar 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Depositphotos_103566932_L-2.jpg?width=376&height=250&name=Depositphotos_103566932_L-2.jpg)](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) Regulators ## [IOSCO Publishes Crypto-Asset Roadmap](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) The IOSCO Fintech Task Force will collaborate closely with other international bodies. 07.07.2022 By Shanny Basar [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}