Front Matter Page
FINTECH NOTE
INSTITUTIONAL ARRANGEMENTS FOR FINTECH REGULATION AND SUPERVISION
Charles Taylor Christopher Wilson
Eija Holttinen Anastasiia Morozova
Front Matter Page
FINTECH NOTE
Institutional Arrangements for Fintech Regulation and Supervision
Prepared by Charles Taylor, Christopher Wilson, Eija Holttinen, and Anastasiia Morozova
December 2019
INTERNATIONAL MONETARY FUND
Front Matter Page
©2019 International Monetary Fund
Cover Design: IMF Multimedia Services
Composition: The Grauel Group
Names: Taylor, Charles R. (Charles Richard), 1950-, author. | Wilson, Christopher (Christopher Lindsay), author. | Holttinen, Eija, author. | Morozova, Anastasiia, author. | International Monetary Fund, publisher.
Title: Institutional arrangements for Fintech regulation and supervision / Prepared by Charles Taylor, Christopher Wilson, Eija Holttinen, and Anastasiia Morozova.
Other titles: FinTech notes (International Monetary Fund).
Description: Washington, DC : International Monetary Fund, 2019. | FinTech notes. | December 2019. | Includes bibliographical references.
Identifiers: ISBN 9781513520308 (paper)
Subjects: LCSH: Financial services industry—Technological innovations. | Financial services industry—Law and legislation.
Classification: LCC HG173.T39 2019
DISCLAIMER: Fintech Notes offer practical advice from IMF staff members to policymakers on important issues. The views expressed in Fintech Notes are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Contents
Abbreviations
Executive Summary
Introduction
Division of Fintech Responsibilities
Organization of Authorities’ Fintech Functions
Domestic and International Coordination
Prospects for Change
Appendix I. Fintech Functions by Agency
Abbreviations
ACPR |
Autorité de Contrôle Prudentiel et de Résolution |
AMF |
Autorité des Marchés Financiers |
BCBS |
Basel Committee on Banking Supervision |
BoE |
Bank of England |
CMA |
capital markets authority |
DFSA |
Dubai Financial Services Authority |
FCA |
financial conduct authority |
FINMA |
Swiss Financial Market Supervisory Authority |
GFIN |
Global Financial Innovation Network |
HKMA |
Hong Kong Monetary Authority |
JFSA |
Japan Financial Services Agency |
MAS |
Monetary Authority of Singapore |
MFSA |
Malta Financial Services Authority |
OCC |
Office of the Comptroller of the Currency |
SFC |
Securities and Futures Commission |
SSB |
standard-setting body |
UAE |
United Arab Emirates |