The UK’s markets regulator is looking into how it can work with its counterparts in other countries to help fintech firms expand internationally, amid concerns that a lack of regulatory co-ordination may stunt the sector’s long-term growth.

The Financial Conduct Authority will look to forge links with regulators in other jurisdictions through the course of 2016, Christopher Woolard, its director of competition and strategy, told delegates attending its fintech conference in London on February 22.