Fintech poses “serious” challenge to governance, says former PBoC deputy

IFF China Report 2018 Li Dongrong

The former deputy governor of the People’s Bank of China (PBoC), Li Dongrong, has called for improved global governance of the fast-growing fintech sector – with the aim to better manage risks and ensure new financial services are created for the benefit of societies as a whole rather than for a select few.

“Fintech has brought new challenges for international financial governance,” Dongrong, who is president of the National Internet Finance Association of China, told the International Finance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.