More regulatory action on big tech may be needed

- Central Banking Newsdesk
- 04 Oct 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

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

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com