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Regulating FinTech in Asia - Global Context, Local Perspectives (Hardcover, 1st ed. 2020)
Loot Price: R4,243
Discovery Miles 42 430
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Regulating FinTech in Asia - Global Context, Local Perspectives (Hardcover, 1st ed. 2020)
Series: Perspectives in Law, Business and Innovation
Expected to ship within 10 - 15 working days
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This book focuses on Fintech regulation in Asian, situating local
developments in broader economic, regulatory and technological
contexts. Over the last decade, Fintech - broadly defined as the
use of new information technologies to help financial institutions
and intermediaries compete in the marketplace - has disrupted the
financial services sector. Like other 21st century technological
developments, Fintech is a global phenomenon that plays out in
local economic, political and regulatory contexts, and this dynamic
interplay between global trends and local circumstances has created
a complex and fast-changing landscape. Diverse stakeholders (most
obviously incumbent financial service providers, tech start-ups and
regulators) all pursue a competitive edge against a background of
profound uncertainty about the future direction and possible
effects of multiple emerging technologies. Compounding these
difficulties are uncertainties surrounding regulatory responses.
Policymakers often struggle to identify appropriate regulatory
responses and increasingly turn to policy experimentation. Such
issues add to the challenges for the various actors operating in
the Fintech space. This situation is particularly fluid in Asia,
since many jurisdictions are seeking to establish themselves as a
regional hub for new financial services.
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