The Potential Impact of Digitisation upon the Regulation of Financial Markets and Products

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

Authors

Colleges, School and Institutes

External organisations

  • The University of Warwick

Abstract

This chapter examines the potential impact of ever-increasing digitisation upon the regulation of financial products. It outlines a methodology for assessing the implications of digital developments for existing regulatory regimes and for developing the right level of reform to those in order to ensure that new digital financial products do not operate beyond the ambit of the regulatory environment. The chapter considers two instances: the first is the regulation of cryptocurrencies and distributed ledger technology; the second is the use of digital processes and algorithms for trading in securities and making business decisions, including lending decisions, which raises broader issues of the future use of artificial intelligence.

Details

Original languageEnglish
Title of host publicationRegulation and the Global Financial Crisis
Subtitle of host publicationImpact, Regulatory Responses, and Beyond
Publication statusPublished - Nov 2020