Proposals to strengthen fintech collaboration between India and the UK have been laid out in a report from the trade group representing the sector in both countries.
*New and out new: the spring 2023 issue of Think Global People magazine*
The proposals, which were submitted to ministers and regulatory bodies in London and New Delhi this week by the India-UK Financial Partnership (IUKFP), come just days before the latest round of negotiations over a hoped-for UK-India free trade agreement get underway.
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Strengthening fintech ties between India and the UK
According to the industry’s UK trade body, TheCityUK, recommendations in the report, ‘Harnessing the Power of Fintech and Data‘, would enable the sector “to further strengthen the two countries’ respective fintech ecosystems and contribute to the shared agendas of financial inclusion and levelling-up”.One of the demands in the report is for the UK government to secure access to global talent by establishing a UK-India mobility partnership with a focus on fintech.Uday Kotak, managing director of