Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-05-17-Speech-3-183-000"
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"en.20170517.22.3-183-000"2
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"Mr President, there is a wealth of experience in this House. Looking around, I see colleagues who used to be doctors, soldiers, actors and ship’s engineers. There are obviously one or two duds, but also a lot of people who have brought real experience to the table. But almost no one here is a tech entrepreneur and even those who do have backgrounds in it are not in the same position to make decisions about regulation and investment as those who are directly involved with the sector.
London has become, arguably, the world capital of the FinTech sector. What did the government have to do with that? It simply stood back and created a climate where the laws were enforced and where regulations were friendly. That is all you need to do. I promise you that there are a million guys out there who are much more interested and involved than anyone in this Chamber. It is not going to be our business once we leave, but if you really want technology of this kind to flourish in the remaining European Union, the best thing you can do is to stand back and let them get on with it."@en1
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