Big techs in finance - a bildungsroman that is far from over
9 February 2023 · François Villeroy de Galhau , Governor of the Banque de France (France)
Summary written by Dark Majestic in its own words · topics: banking regulation and supervision
FV 9 Feb 2023 · François Villeroy de Galhau Wiki · Banque de France Wiki Big techs in finance - a bildungsroman that is far from over Context Speech at the high-level BIS conference on big techs in finance; the Banque de France keeps finance stable and watches large technology firms entering finance.
Why it matters Villeroy proposes a hybrid approach to regulating big tech in finance.
Problems raised Big techs are entering finance. Current regulation may not fit. Their risks span activities. Solutions proposed Adopt a hybrid regulatory approach. Apply entity-based supervision at home. Keep activity-based rules in host countries. Read full speech on bis.org ↗ More from François Villeroy de Galhau · Banque de France · all speeches
More speeches by François Villeroy de Galhau Other leaders on banking regulation and supervision
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