LEADER 05492nam 22005655 450 001 9910683351803321 005 20230327094243.0 010 $a9783031254284$b(electronic bk.) 010 $z9783031254277 024 7 $a10.1007/978-3-031-25428-4 035 $a(MiAaPQ)EBC7220694 035 $a(Au-PeEL)EBL7220694 035 $a(OCoLC)1374429343 035 $a(DE-He213)978-3-031-25428-4 035 $a(EXLCZ)9926347420900041 100 $a20230327d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFintech Regulation and Supervision Challenges within the Banking Industry$b[electronic resource] $eA Comparative Study within the G-20 /$fby Felix I. Lessambo 205 $a1st ed. 2023. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Palgrave Macmillan,$d2023. 215 $a1 online resource (339 pages) 225 1 $aPalgrave Macmillan Studies in Banking and Financial Institutions,$x2523-3378 311 08$aPrint version: Lessambo, Felix I. Fintech Regulation and Supervision Challenges Within the Banking Industry Cham : Palgrave Macmillan US,c2023 9783031254277 327 $aChapter 1: Banking Regulation and Fintech challenges -- Chapter 2: International Standard Setting Boards -- Chapter 3: Banks Regulations and Supervision in the United States -- Chapter 4: The European Banking Authority -- Chapter 5: The Deutsche Bundesbank -- Chapter 6: The Bank of France -- Chapter 7: The Bank of Italy - Banca d? Italia -- Chapter 8: The Central Bank of Spain - (Banco de Espaņa) -- Chapter 9: The Prudential Regulation Authority -- Chapter 10: China Banking Insurance Regulatory Commission -- Chapter 11: The Reserve Bank of India -- Chapter 12: The Bank of ?South? Korea -- Chapter 13: Indonesia Bank -- Chapter 14: Bank of Canada -- Chapter 15: The Australian Prudential Regulation Authority -- Chapter 16: The Swiss National Bank -- Chapter 17: The Central Bank of Russia -- Chapter 18: Brazil Central Bank -- Chapter 19: Central Bank of Argentina -- Chapter 20: Central Bank of Mexico -- Chapter 21: The Saudi Arabia Monetary Authority -- Chapter 22: The Central Bank of Turkey -- Chapter 23: The South African Reserve Bank (SARB) -- Chapter 24: Sandbox and Innovation testbed case Study. 330 $aStrengthening financial sector regulatory arrangements has been a major focus of the G-20 since the crisis in 2008, and progress in strengthening financial regulations is often cited as its success. Nonetheless, the overall contribution of the G20 as a political forum for the oversight of international financial regulation is diming as FinTech is blurring the boundaries between intermediaries and markets, as well as between digital service providers moving into the financial space, nonbank financial companies, and banks. Along the same line, financial technology is causing paradigm changes to the traditional financial system, presenting both challenges and opportunities. As FinTech grows rapidly, the importance of regulation and supervision becomes more prominent. The three cornerstones of banking: taking deposits, making loans, and facilitating payments are being reassembled functionally and digitally outside of the bank regulatory perimeter by certain firms. Without comprehensive consolidated supervision, no single regulator can see the whole picture and understand how a firm as a whole operates and takes risk. No crypto firm to date is subject to comprehensive consolidated supervision, creating gaps in supervision alongside risks. Countries around the world are taking divergent views on cryptocurrency and other so-called ?Web3? technologies based on blockchain. This book aims to provide a comparison between the various available approaches, models, or legislations by identifying certain key legislative policies within the G-20 as they cope with innovative financial technologies, and will be of interest to scholars, students, and practitioners of banking, financial regulation, risk management, and financial technology. Felix I. Lessambo is Adjunct Associate Professor at Fordham University, USA, where he teaches Corporate Tax and Audit & Assurance Services. He was an Associate Professor at Central Connecticut State University School of Business where he taught Financial Statements Analysis, Global Financial Reporting, and Law & Finance. He has practiced international tax, transfer pricing, and alternative investment management where he structured and advised on hedge funds and private equity cross-border transactions. . 410 0$aPalgrave Macmillan Studies in Banking and Financial Institutions,$x2523-3378 606 $aFinancial services industry 606 $aFinancial engineering 606 $aFinance?Law and legislation 606 $aFinancial Services 606 $aFinancial Technology and Innovation 606 $aFinancial Law 615 0$aFinancial services industry. 615 0$aFinancial engineering. 615 0$aFinance?Law and legislation. 615 14$aFinancial Services. 615 24$aFinancial Technology and Innovation. 615 24$aFinancial Law. 676 $a346.082 700 $aLessambo$b Felix I$0848797 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910683351803321 996 $aFintech Regulation and Supervision Challenges Within the Banking Industry$93087031 997 $aUNINA