ContextWelcome speech at the sixth ACPR-AMF Fintech Forum, held at the Banque de France in Paris; the Banque de France and its supervisor ACPR keep finance stable and must oversee fast-growing fintech firms.
Why it mattersCovers fintech supervision, multi-issuer stablecoins and cyber risk.
Problems raised
Fintechs need attention and dialogue from supervisors.
Multi-issued stablecoins create arbitrage risks.
Cyber risk threatens financial entities.
Solutions proposed
Keep the Fintech Charter commitments.
Regulate stablecoin multi-issuance strictly.
Apply DORA security testing and incident reporting.
