Topic: Fintech

World Bank weighs in on financial inclusion and fintech

The World Bank has urged regulators to foster the inclusion of underserved users of the financial system when designing regulatory sandboxes and innovation hubs.

17 April 2020

FSB global stablecoin suggestions “could stifle private sector”

The Financial Stability Board (FSB) has called on regulators to treat global stablecoins under a “same business, same risks, same rules” approach.

15 April 2020

Basel crypto-asset proposals criticised as “effectively prohibitive”

Respondents to the Basel Committee’s consultation on the prudential treatment of crypto-assets have warned that its draft proposals risk pushing banks out of the market altogether.

27 March 2020

OCC hires COO

The US Office of the Comptroller of the Currency has hired its new chief operating officer from crypto exchange Coinbase.

19 March 2020

Two Birds hires co-head from Italy’s Consob

Giuseppe D’Agostino, former deputy general manager at the Italian Financial Services Authority (Consob), has joined Bird & Bird as co-head of its financial regulation practice.

13 March 2020

A Global Regulatory Sandbox Network?

Regulatory sandboxes have been a feature of the regulatory landscape since 2016, when the UK FCA introduced them as a means of allowing firms to test innovative propositions in the market, with real consumers. Now regulators are looking at a global network.

06 March 2020

EU Expert Group on Regulatory Obstacles to Financial Innovation Publishes Recommendations on Regulatory Framework for FinTech

The EU Expert Group on Regulatory Obstacles to Financial Innovation (or ROFIEG) has published a set of Recommendations and a Q&A on the establishment…

13 December 2019

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