FinTech regulation—a key to financial stability

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

Abstract

The emergence of Financial Technology (FinTech) startups has created a new breed of financial services providers. The rapid adoption of digital platforms, Neobanks, and investment in digital assets has forced regulators to go beyond traditional regulatory and supervisory guidelines. Some big FinTech startups are now not too small to be ignored and, if not regulated well, can create challenges for financial stability. This chapter will explore the risk emerging from FinTech and how it can impact financial stability. The chapter will also provide a commentary on the recent regulatory responses to FinTech.
Original languageEnglish
Title of host publicationGlobal Perspectives in FinTech
Subtitle of host publicationLaw, Finance and Technology
EditorsHung-Yi Chen, Pawee Jenweeranon, Nafis Alam
Place of PublicationCham Switzerland
PublisherPalgrave Macmillan
Chapter2
Pages9-24
Number of pages16
Edition1st
ISBN (Electronic)9783031119545
ISBN (Print)9783031119538
DOIs
Publication statusPublished - 2022

Keywords

  • FinTech
  • Regulation
  • Data privacy
  • Fraud

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