# Delivery Project for Financial Sector Reform in China Project 3: FinTech

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: FOREIGN &amp; COMMONWEALTH OFFICE
- Contract winner: Ernest &amp; Young
- Award value: £75,000
- Award date: 26 September 2016
- Published: 6 July 2017
- Contract start: 11 November 2016
- Contract end: 21 November 2016
- Stage: awarded
- Procurement category: services
- Notice ID: b6179b49-33a5-43eb-9970-59ced512ba8e-158531
- OCID: ocds-b5fd17-b42af44a-266f-46da-a4f5-cf353cf8ecb4

## Description

The UK is recognised as a global fintech leader with a strong and supportive regulatory environment\. China also witnessed rapid development in this space, with Ant Financial emerging as the largest fintech firm in the world\. UK government is already engaging with China's fintech authorities to share policy and regulatory experience\. This project will complement that cooperation by delivering a guidebook for both UK and Chinese fintech firms and investors who look to grow their business across borders\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/b6179b49-33a5-43eb-9970-59ced512ba8e-158531)
