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-based regulation, distinguished by a regulatory approach that is concerned with actively supporting innovators in nurturing cutting …
Persistent link: https://www.econbiz.de/10012427907
We investigate the impact of the UK regulatory sandbox on the UK FinTech industry. By now regulatory sandboxes operate in 57 countries and have become an important policy tool for governments to support the emergence of a FinTech sector. We use comprehensive data from the UK regulatory sandbox...
Persistent link: https://www.econbiz.de/10013492693
The article begins by addressing central definitional and taxonomical issues for crowdlending (also known as peer-to-peer lending) as an evolving species of debt-based crowdfunding within the FinTech industry. It considers the regulatory tension between facilitating growth of the crowdlending...
Persistent link: https://www.econbiz.de/10012921471
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...
Persistent link: https://www.econbiz.de/10012642449
Fintech has increasingly become part of the global economy with the evolution of technology, increasing investments in fintech firms, and greater integration between traditional incumbent financial firms and fintech. Since the 2007-2009 financial crisis, research has also paid more attention to...
Persistent link: https://www.econbiz.de/10012219547
the regulation of financial services after Brexit: as divergence from the EU increases, it will be necessary to retain the … development of a domestic-led network. For that purpose, this article compares initial responses to FinTech regulation at the UK …
Persistent link: https://www.econbiz.de/10013291413
appropriate contours of regulatory perimeters as well as the structure of regulation and supervision in the many area of financial … regulation. Fintech innovations also have the potential to be harnessed to serve public purposes, including expanding access to …
Persistent link: https://www.econbiz.de/10012827464
, and effective regulation. Recent developments suggest that regulatory approaches and their legal foundations need to … augment entity-based regulation with increasing focus on activities and risks as market structure changes. This paper draws on …
Persistent link: https://www.econbiz.de/10012830835
FinTech holds great potential for both financial inclusion and economic development in a wider sense. Digital financial solutions have been expanding access and reach to consumers, especially the unbanked and under-banked. They have been significantly lowering the costs of providing financial...
Persistent link: https://www.econbiz.de/10012831902
This paper analyses the challenges for financial regulation posed by new financial technologies. It provides a … decentralised finance without intermediaries. Four possible responses are identified: enhancing or adapting existing regulation …, developing new regulation, reducing barriers to entry and exit and monitoring and regulating the ‘permissionless …
Persistent link: https://www.econbiz.de/10013406483