An agreement between the French ACPR and the NYDFS seeks to further develop New York and France as “innovation hubs for financial services technology” with easing go-to-market hurdles and sharing information.
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New York, French finance watchdogs open doors for each other’s fintech startups
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“DFS is pleased to partner with our French regulatory counterparts through this signed agreement,” said the regulator’s superintendent, Linda A. Lacewell, who signed the memorandum of understanding with François Villeroy de Galhau, the governor of the Bank of France and chairman of the ACPR.
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