All posts tagged "big tech"
-
558Big PictureData Governance Systems Need Better Consent Mechanisms: BIS
Personal data is being aggregated and exploited, without the resulting benefits being passed on to consumers and businesses generating the data.
May 6, 2022 -
1.0KFintech / RegtechFSC Korea Reiterates Plans to Regulate Bigtech in Financial Services
The FSC will apply “same rules for same services” to ensure fair competition between bigtech firms and financial institutions.
January 18, 2022 -
798ESG / SustainabilityFSC Korea Sets Out Work Programme for 2022
The work plan focuses on measures to maintain financial stability, reduce debt risks, promote financial innovation, and enhance the FSC's rules on network security.
December 29, 2021 -
315ChinaPBOC Governor Calls for Stricter Laws to Protect Data
PBOC governor Yi Gang expressed concerns that some big tech firms have been collecting customer data without consent and misusing the data.
November 5, 2021 -
355FeatureBig Tech Brings ‘New and Unfamiliar’ Challenges: BIS
A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.
August 6, 2021 -
627AML / KYCIndia Shows How Policy Can Solve Financial Inclusion: BIS Paper
The paper highlights India's Aadhaar programme, which promotes financial inclusion, offers more robust AML/CFT checks, and has led to the creation of several innovative and interoperable digital platforms.
December 19, 2019
