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MBIE Leading exchanges for APEC members

MBIE’s Trade and International team hosted a virtual workshop for Asia Pacific Economic Cooperation (APEC) member economies on building an enabling environment for financial technology (fintech). This workshop was designed for APEC members to share their experiences about the digitalisation of financial services, emerging regulatory environments for fintech across the region, and the role fintech can play in supporting international trade and the achievement of environmental social governance (ESG) objectives.

Executive summary

There is a significant growth story ahead for successful digital technology firms in Aotearoa New Zealand. Given our distance from markets, these companies are important because they are global from day one, have a lower environmental footprint on average, are not constrained physically so are scalable, and present a pathway to high paying jobs for more New Zealanders. These are some of the reasons for backing New Zealand’s digital technologies sector.