In the last 20 years, the financial services industry has witnessed dramatic changes, largely driven by globalisation, deregulation and consolidation. Technological advances helped make globalisation and consolidation feasible and encouraged deregulation. More recently, IT has accelerated the...

With transformative evolution involving crypto-assets, machine learning applications and data-driven finance models, complex regulatory and policy issues are emerging. Inadequate frameworks in FinTech markets create regulatory friction and regulatory fragmentation. These limitations continue to...

Fintech developments are shaking up mandates within the existing regulatory architecture. It is not uncommon for financial sector agencies to have multiple policy objectives. Most often the policy objectives for these agencies reflect prudential, conduct and financial stability policy...