Fintech Regulation In Practice

Harness regulation to your advantage and tackle its challenges with this practical guide for fintechs, financial services firms and other key players within the fintech ecosystem.

Fintech Regulation in Practice provides a clear, hands-on guide to the practical considerations that fintechs, banks adopting fintech and other key players in the fintech ecosystem need to take into account when embedding regulation. This book looks at how regulation applies to a fintech at the various stages of its lifecycle and what it means for other partners in the fintech ecosystem that are crucial to its success. Addressing the key pitfalls, tensions and opportunities that come with fintech regulation, Fintech Regulation in Practice offers practical cases and tips to help professionals and organizations navigate its complexities. It also explores key issues such as financial and operational resilience, cybersecurity and fighting financial crime, anti-money laundering best practices, information security, privacy and the concept of embedded finance. It will be essential reading for risk and compliance professionals in financial services, business owners of regulated and unregulated fintechs, financial services firms delivering or partnering with fintech, fintech investors and other key stakeholders within the fintech ecosystem.

Provides valuable insights for fintechs and organizations adopting fintech at the various stages of the lifecycle, as well as those engaging in the ecosystem from incumbents, investors and big tech to trade bodies and regulators in other jurisdictions

Auteur
Maha El Dimachki is the Centre Head for the Bank for International Settlements Innovation Hub in Singapore. The centre's work develops public goods supporting centrals banks in how they discharge their roles in a digital economy and how they can improve the financial system using novel ideas and emerging technologies. Prior to this, El Dimachki was Head of Department for Early and High Growth Oversight leading the Financial Conduct Authority's (FCA) response to the Kalifa review of UK Fintech and supporting startups and scaleups in their regulatory journey. El Dimachki joined the FCA in 2017 to set up the first Payments Department and was responsible for crafting and implementing the FCA supervisory strategy for the UK payments sector. This included leading the implementation of the Second Payments Services Directive (PSD2) and Open Banking. With roles in both private and public sector over the last two decades, Maha has a keen interest in observing and participating in the many exciting changes that are unfolding in the financial services, innovation and fintech environment.

Contenu

• • Chapter - 01: Financial services and fintech;
  • Chapter - 02: The role of regulation;
  • Chapter - 03: Old regulation, new technologies;
  • Chapter - 04: The start-up stage;
  • Chapter - 05: Licence to operate;
  • Chapter - 06: Navigating regulation that doesn't exist;
  • Chapter - 07: A scaling business;
  • Chapter - 08: The responsibilities of maturity;
  • Chapter - 09: An international perspective;
  • Chapter - 10: Case studies in the real world;