French governor calls for ‘gradualism’ in fintech regulation

banque-de-france
Banque de France

Specific regulations that allow for "a gradual adjustment of regulatory intensity" may be better suited to addressing risks in the financial technology (fintech) industry, the Banque de France governor has said.

Introducing the central bank's latest financial stability review, François Villeroy de Galhau questions whether banking regulations designed for "mature" institutions are appropriate for new entrants, highlighting the "fragile nature" of their "start-up-like" business models.

Other

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: