Regulating fintech financing digital banks and fintech platforms

This paper explores how fintech financing is regulated. New technology-enabled business models related to deposit-taking, credit intermediation and capital-raising have emerged. These are digital banking, fintech balance sheet lending and crowdfunding platforms (the latter two are referred to as fintech platform financing).

The paper provides a cross-country overview of the regulatory requirements for these fintech activities in 30 jurisdictions. The paper is based on an extensive desktop review of regulations and related documents, complemented by responses to an FSI survey conducted in early 2019.

Categories: Recommended Readings
Author: BIS