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Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference

Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference. Source: Universitätsarchiv St.Gallen | HSGN 028/01792 | CC-BY-SA 4.0, CC BY-SA 4.0, via Wikimedia Commons

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the growing importance of international regulatory cooperation during a fintech and regulation conference held in Brussels on Tuesday. Speaking to an audience of policymakers, regulators, and industry leaders, Atkins stressed that close collaboration with foreign market regulators is essential as global financial markets become increasingly interconnected.

During the discussion, Atkins noted that effective oversight of modern financial systems can no longer be handled in isolation. He emphasized that regulators must work together across borders to address shared challenges such as fintech innovation, digital assets, cross-border capital flows, and evolving market risks. According to Atkins, cooperation with international counterparts helps ensure regulatory consistency, market stability, and investor protection worldwide.

Responding to a question about the future role of the International Organization of Securities Commissions (IOSCO) and other global standard-setting bodies, Atkins underscored their continued relevance. He stated that organizations like IOSCO provide critical platforms for dialogue, coordination, and the development of shared regulatory principles. These bodies, he said, allow regulators to exchange information, align supervisory approaches, and respond more effectively to emerging risks in global markets.

Atkins also pointed out that fintech developments are accelerating the need for international cooperation. Technologies such as blockchain, digital payments, and algorithmic trading operate across jurisdictions, making regulatory coordination vital. Without strong collaboration, regulatory gaps could emerge, potentially increasing systemic risk and undermining investor confidence.

The SEC chairman reaffirmed that the United States remains committed to engaging with global regulators and participating actively in international standard-setting efforts. He suggested that constructive cooperation benefits not only regulators but also market participants, as it promotes clearer rules and a more predictable regulatory environment.

Atkins’ remarks come at a time when global financial regulation is under pressure to adapt to rapid technological change and shifting economic conditions. His comments signal that the SEC sees international engagement as a cornerstone of effective financial oversight, reinforcing the importance of global cooperation in shaping the future of securities regulation.

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