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from Part II - Addressing the Challenges of Innovation in Finance
Published online by Cambridge University Press: 09 November 2023
The fourth letter in the acronym ABCD stands for Data. Against the background of the Big Data Age this chapter discusses the relationship between data and financial regulation in four major jurisdictions: US, EU, China and India. We argue that data regulation is a crucial cornerstone that influences how FinTech infrastructure can be designed, built and operated, and thus influences the emergence of FinTech ecosystems. For FinTech, data regulation is a new form of financial regulation.
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