Over the past few years, the EU has enacted comprehensive rules on both digital platforms and open finance. However, the interaction between the two is not yet fully understood. Large platforms engaging in financial transactions need to respect both sets of rules, with data privacy and data sharing at the core of the matter. The debate around the adequate policy approach is also discussed in other jurisdictions, including China, India and the US, to name the largest blocs.
The key question for financial service providers is of how technological progress is affecting the competitive landscape. Artificial intelligence, blockchain, big data, cloud computing, cryptocurrencies, central bank digital currencies and distributed ledger technology are making big inroads in the world of finance, and regulation in these different domains will affect the structure of finance providers.
Join us for a discussion with Douglas Arner, Hong Kong University, and Mattias Levin, European Commission, on the central role of infrastructure in digital financial transformation. We will highlight lessons from China, India, and the EU, as well as the impact of pandemics and other sustainability crises, while considering the risks generated by fintech. Arner will discuss his book FinTech: Finance, Technology and Regulation, co-authored with Ross Buckley, University of New South Wales, Sydney and Dirk Zetzsche University of Luxembourg.
