Regulators are becoming far more active in the fintech space in order to understand the risks and concerns associated with this ever expanding industry. On this page we highlight:
- The work of international and national standard setters in identifying the risks posed by the use of fintech to financial institutions, to their customers and clients, and to financial stability.
- The emergence of regulatory (new principles and detailed rules and guidance) and supervisory responses to these fintech risks.
- The need for firms using fintech to remain aware of the potential impact on them of current and prospective regulatory and supervisory interventions.