Big tech links are ‘policy blind spot’, says FSI

The Bank for International Settlements, Basel
Photo: Ulrich Roth

The growing financial activities of big tech firms and their internal and external links are a “blind spot” for policy-makers, the Financial Stability Institute warns.

The FSI – part of the Bank for International Settlements – explores the risks posed by big tech interdependencies in a report published on July 5. The analysis focuses on six tech giants: Alibaba, Amazon, Grab, Jumia, Mercado Libre and Rakuten.

The report notes how big tech firms have intragroup dependencies between financial

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