Tag: Regulation
Philadelphia Fed president says regulation will protect FinTech
FinTech firms should welcome, not fear, regulation because it is in their interest to have an "established framework" in which to operate. Read more: www.finextra.com
FinTech charter should be paired with borrower protections
New FinTech competitors have challenged traditional banks with innovative, customer-friendly online applications and quick loan decisions. Read more: www.americanbanker.com
Indonesia’s Financial Services Authority issues first regulations
The regulations lay out minimum capital requirements, interest rate provision and education and consumer protection rules. Read more: www.natlawreview.com
FinTech: regulating digital advice in Australia
The Australian Securities and Investments Commission (ASIC) presented its views on regulating digital advice at a Financial Services Council event. Read more: www.natlawreview.com
FinTech’s road to regulatory acceptance is just starting
Fintech is not a shiny new object attracting attention in 2016. Its fight for market and regulatory acceptance has played out over two decades. Digital technology seemingly became the acknowledged platform for the future of financial commerce almost overnight. Read more: www.fintechranking.com
RegTech thrives on change like Trump, Brexit and China
RegTech companies will continue to serve the market of integrating systems while offering these services in a dynamic way as regulations change. Read more: www.bankinnovation.com
German anti-trust regulator backs FinTech businesses against banking industry
Germany’s competition watchdog, the Bundeskartellamt, is giving fintech companies in the country more room to operate with a new decision.
Regulatory and business challenges to FinTech M&A
FinTech's wealth of opportunities is attracting interest, yet the uncertainty of its direction means the financial services industry needs to tread carefully. Read more: www.jdsupra.com
Singapore to update electronic payment regulations
Singapore will make regulatory changes to facilitate the use of electronic payments, the central bank said on Friday, as the city-state aims to become a major centre for financial technology. Read more: www.reuters.com
Stricter regulation in Europe for bitcoin companies
The European commission said yesterday (July 5) that it was proposing strict new rules for companies that exchange or store digital currencies such as bitcoin. Read More: qz.com