Financial technology (Fintech) has prompted authorities to consider their potential financial stability benefits, risks …, 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 …

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 … risk. As fintech grows, so too should the concern about its possible impact on systemic risk. This paper analyzes two …