机读格式显示(MARC)
- 000 03057cam a2200361 i 4500
- 008 210920s2022 nyu b 001 0 eng
- 020 __ |a 9780197626801: |c CNY690.42
- 260 __ |a New York, NY : |b Oxford University Press, |c 2022.
- 035 __ |a (OCoLC)1281791003 |z (OCoLC)1281459419
- 040 __ |a DLC |b eng |c DLC |e rda |d BDX |d YDX |d OCLCF |d OCLCO |d UKMGB |d YDX |d OCLCO |d WLL
- 050 00 |a KF974 |b .A75 2022
- 100 1_ |a Allen, Hilary J., |e author.
- 245 10 |a Driverless finance : |b fintech's impact on financial stability / |c Hilary J. Allen.
- 264 _1 |a New York, NY : |b Oxford University Press, |c 2022.
- 300 __ |a xxi, 269 pages ; |c 25 cm
- 336 __ |a text |b txt |2 rdacontent
- 337 __ |a unmediated |b n |2 rdamedia
- 338 __ |a volume |b nc |2 rdacarrier
- 504 __ |a Includes bibliographical references and index.
- 505 0_ |a Introduction -- The case for precaution -- Fintech and risk management -- Fintech and capital intermediation -- Fintech and payments -- Fintech and financial stability regulation status quo -- Precautionary regulation of fintech innovation -- The bigger picture.
- 520 __ |a "Everyone is talking about fintech, and they're usually saying good things. Driverless Finance provides a balance to that conversation, exploring the threats that different fintech innovations pose for our financial system. With in-depth and accessible descriptions of new financial technologies and business models-ranging from distributed ledgers to machine learning, cryptoassets to robo-investing-this book allows readers to think more critically about fintech, and about how the law should respond to it. This book highlights the increased speed, complexity, and coordination inherent in new fintech innovations, and illustrates how these features could come together in a massive financial system failure. It makes the case for a precautionary approach to regulating fintech, erring on the side of caution to avoid a financial crisis that could have irreversible and catastrophic effects for our society. Because neither longstanding regulatory approaches nor experimental new approaches like regulatory sandboxes were designed to address fintech's systemic risks, this book makes several bold new proposals for regulation designed to make fintech-inspired financial crises less likely. These proposals include new forms of disclosure and supervision, new forms of technological tools (known as suptech), and a new licensing regime for financial technologies. This book finishes by situating its discussion of fintech and financial stability in the context of important debates about innovation, expertise, cybersecurity, privacy, competition, and other pressing issues"-- |c Provided by publisher.
- 650 _0 |a Financial services industry |x Law and legislation |z United States.