Pathrose, E P and Priyanka, Dr (2022) Adapting Fintech And Blockchain Financial Policies In Emerging Asia. Oeconomia Copernicana, 13 (1). pp. 142-151. ISSN 2083-1277
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Abstract
Fintech offers opportunities to foster financial stability, along with a deepening of financial markets and a broadening of their inclusiveness. However, new risks may also arise. For instance, Fintech may lead to riskier behaviour by banks. In turn, this could lead to more volatility, due to effects of this behaviour on their reputations. Regulators in Emerging Asia should consider policies to include Fintech firms in the regulatory perimeter where gaps exist. Finally, to avoid risks associated with the cross- border nature of Fintech’s financial activities, regulators should increase co-operation, either through regulatory convergence or via reciprocity arrangements. TheOECD Development Centre is committed to working alongsidethegovernments of developing and emerging economies and regional actors to identify key areas of intervention in order to address challengesin strengthening macroprudential policies and other policy areas.
Affiliation: | Skyline University College |
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SUC Author(s): | Pathrose, E P ORCID: https://orcid.org/0000-0001-5727-2566 |
All Author(s): | Pathrose, E P and Priyanka, Dr |
Item Type: | Article |
Uncontrolled Keywords: | FINTECH, BLOCKCHAIN, FINANCIAL POLICIES, EMERGING ASIA |
Subjects: | A Business and Management > AH Finance |
Divisions: | Skyline University College > School of Business |
Depositing User: | Mr Veeramani Rasu |
Date Deposited: | 12 May 2022 13:58 |
Last Modified: | 12 May 2022 13:58 |
URI: | https://research.skylineuniversity.ac.ae/id/eprint/181 |
Publisher URL: | https://oeconomiacopernicana.pl/sdm_downloads/2381... |
Publisher OA policy: | https://v2.sherpa.ac.uk/id/publication/27162 |
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