Book contents
- FinTech
- FinTech
- Copyright page
- Contents
- Figures
- Acknowledgements
- Abbreviations and Technical Terms
- 1 Introduction
- Part I Digital Transformation of Finance and Regulation
- Part II Addressing the Challenges of Innovation in Finance
- 7 Regulating Artificial Intelligence in Finance
- 8 Distributed Ledger Technology, Blockchain, and Finance
- 9 Decentralised Finance and Embedded Regulation
- 10 Data Regulation and Financial Regulation
- 11 Enabling a Balanced Proportional Approach to Innovation
- Part III Building Better Financial Systems
- Part IV From FinTech to TechFin to BigTech to FinTech 4.0
- Part V Conclusion
- Index
10 - Data Regulation and Financial Regulation
from Part II - Addressing the Challenges of Innovation in Finance
Published online by Cambridge University Press: 09 November 2023
- FinTech
- FinTech
- Copyright page
- Contents
- Figures
- Acknowledgements
- Abbreviations and Technical Terms
- 1 Introduction
- Part I Digital Transformation of Finance and Regulation
- Part II Addressing the Challenges of Innovation in Finance
- 7 Regulating Artificial Intelligence in Finance
- 8 Distributed Ledger Technology, Blockchain, and Finance
- 9 Decentralised Finance and Embedded Regulation
- 10 Data Regulation and Financial Regulation
- 11 Enabling a Balanced Proportional Approach to Innovation
- Part III Building Better Financial Systems
- Part IV From FinTech to TechFin to BigTech to FinTech 4.0
- Part V Conclusion
- Index
Summary
The fourth letter in the acronym ABCD stands for Data. Against the background of the Big Data Age this chapter discusses the relationship between data and financial regulation in four major jurisdictions: US, EU, China and India. We argue that data regulation is a crucial cornerstone that influences how FinTech infrastructure can be designed, built and operated, and thus influences the emergence of FinTech ecosystems. For FinTech, data regulation is a new form of financial regulation.
- Type
- Chapter
- Information
- FinTechFinance, Technology and Regulation, pp. 149 - 163Publisher: Cambridge University PressPrint publication year: 2023