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The regulatory sandbox is a real world alternative to regulatory lag. Its emergence as a novel regulatory development responds to challenges faced by FinTech innovators in navigating an unwieldy regulatory landscape not designed with FinTech in mind. Regulatory sandboxes are in operation in...
Persistent link: https://www.econbiz.de/10012427907
pandemic hastened the adoption of technology by traditional banks and opened new partnership opportunities for non-bank fintech … technology does not live up to its promise, the pandemic encouraged regulators to scrutinize banks' use of technology and bank …
Persistent link: https://www.econbiz.de/10013241664
CCPs; and the implications for bank, insurer and asset manager business models, in particular whether Brexit would act as a …
Persistent link: https://www.econbiz.de/10011712197
credit, credit information sharing on bank stability. We document several significant findings. First, our evidence implies … that fintech credit tends to improve bank stability. This suggests that as fintech credit grows, it certainly competes with … banks, but it also strengthens banks' stability. Second, credit information sharing increases bank stability. Thirdly, it is …
Persistent link: https://www.econbiz.de/10014436289
This paper outlines relatively easy to implement reforms for the supervision of transnational banking-groups in the E.U. that should not be primarily based on legal form but on the actual risk structures of the pertinent financial institutions. The proposal also aims at paying close attention to...
Persistent link: https://www.econbiz.de/10010391982
Persistent link: https://www.econbiz.de/10013159841
to fail. Failure of a bank may trigger formal insolvency (resolution) proceedings, if there is no available option to … save it as a going concern. Bank insolvency proceedings comprise various mechanisms, instruments, and transactions to … enable resolution authorities to properly deal with a failed bank. Bank restructuring within insolvency proceedings means …
Persistent link: https://www.econbiz.de/10013052778
, including several specific regulatory constraints being placed on non-bank financial institutions (NBFI). This paper proposes a … credit funds as a non-bank entities economically engaged in credit intermediation to apply this normative framework, pointing …
Persistent link: https://www.econbiz.de/10012105218
This report presents the findings of a global survey on AI in Financial Services jointly conducted by the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School and the World Economic Forum in Q2-Q3 2019. Representing one of the largest global...
Persistent link: https://www.econbiz.de/10012842311