The International Organization of Securities Commissions published a research Report on financial technologies, or FinTech – innovative business models and emerging technologies that have the potential to transform the financial services industry. The Report focuses on the delivery of securities and capital markets products and services through FinTech, examining financing platforms, retail trading and investment platforms, institutional platforms and distributed ledger technologies. The Report analyzes the risks, benefits and opportunities of the products and services and summarizes some of the most recent regulatory responses.