More regulatory action on big tech may be needed – FSI paper


Larger jurisdictions have taken “important steps” towards tackling financial stability risks posed by big tech firms, but tougher regulatory action may still be needed, a new paper argues.

The study of big tech regulation by the Financial Stability Institute, part of the Bank for International Settlements, finds the “main regulatory development” has been in China. Authorities have created a “financial holding company (FHC) regime”, requiring big tech firms to be structured and licensed as

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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

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