Session details

Mergers and acquisitions in Latin America in a challenging world

2 May - 4 May 2022

Session information

Breakout session 1: The emergence of Fintechs in Latin America: competition, financial inclusion and investment opportunities

Committee(s)

Corporate and M&A Law Committee (Lead)
Latin American Regional Forum (Lead)

Description

Much has been said that Fintechs threaten the business of traditional banking, but increasingly they seem to be complementary businesses.  While they certainly compete, they also collaborate.

Banking-as-a-Service (BaaS) is increasingly becoming an important co-player to traditional banking which has slowly given certain access to Fintechs. The opening of these new opportunities has helped improve financial services and bolstered financial inclusion. These new endeavours are also creating a very active M&A market in the Banking sector that is being carefully analysed by the antitrust authorities.

Relevant questions are: what are the most relevant regulatory trends in the region to, on the one hand, encourage this collaboration or disruption and, on the other, preserve the strength of the traditional financial system? How should the regulation evolve? As dealings with cryptocurrencies and Fintechs proliferate, governments are still sorting out the appropriate regulatory response.

Session / Workshop Chair(s)

Juan Manuel Mercant Guyer & Regules, Montevideo, Uruguay; Senior Vice Chair, Latin American Regional Forum
Lisa Worcman Mattos Filho, São Paulo, Brazil

Speakers

Larissa Arruy Neon, São Paulo, Brazil
David Flechner Allen & Overy, New York, New York, USA; Vice Chair, Mergers and Acquisitions Subcommittee
Estanislao Olmos Bruchou & Funes de Rioja , Buenos Aires, Argentina
Maria Shakespear Beccar Varela, Buenos Aires, Argentina

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