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Global Regulators Now Eyeing Fintech

Global Regulators Now Eyeing Fintech

Global regulators may propose rules to prevent “fintech” innovations from destabilizing the broader financial system, the G20’s Financial Stability Board said on Saturday. FSB Chairman Mark Carney said in a letter to central bankers and finance ministers from the Group of 20 economies meeting in Shanghai that assessing the systemic implications of fintech innovations would form part of the task force’s core policy work this year.

Policy & RegulationFintech