FinTech and RegTech in a Nutshell, and the Future in a Sandbox

· ·
· CFA Institute Research Foundation
4.5
6 reviews
Ebook
20
Pages
Eligible

About this ebook

The 2008 global financial crisis represented a pivotal moment that separated prior phases of the development of financial technology (FinTech) and regulatory technology (RegTech) from the current paradigm. Today, FinTech has entered a phase of rapid development marked by the proliferation of startups and other new entrants, such as IT and ecommerce firms that have fragmented the financial services market. This new era presents fresh challenges for regulators and highlights why the evolution of FinTech necessitates a parallel development of RegTech. In particular, regulators must develop a robust new framework that promotes innovation and market confidence, aided by the use of regulatory "sandboxes." Certain RegTech developments today are highlighting the path toward another paradigm shift, which will be marked by a reconceptualization of the nature of financial regulation.

Ratings and reviews

4.5
6 reviews
Sanjeev Kumar
January 16, 2021
A good study on fintech
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Laurent Shilingi
January 24, 2023
nice book
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akorede25 Abimbola
April 16, 2020
cool
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