Regulatory Ramblings
Welcome to Regulatory Ramblings, a new podcast from a team at The University of Hong Kong on the intersection of all things pertaining to finance, technology, law and regulation. Hosted by The Reg/Tech Lab, HKU-Standard Chartered FinTech Academy, Asia Global Institute and the HKU-edX Professional Certificate in FinTech, with support from the HKU Faculty of Law. Join us as we hear from luminaries across multiple fields and professions as they share their candid thoughts in a stress-free environment - rather than the soundbites one typically hears from the mainstream press.
Regulatory Ramblings
FinTech: Finance, Technology and Regulation
Episode 31 - Professor Dirk A. Zetzsche, University of Luxembourg (Topic/Chapter Guide is availabe)
Professor Dr. Dirk A. Zetzsche, holder of the ADA Chair in Financial Law (inclusive finance) at the University of Luxembourg, is also a co-author of the recently released book, FinTech: Finance, Technology and Regulation (LINK), published by Cambridge University Press, which he collaborated on with Professor Ross P. Buckley of the University of New South Wales - Sydney and Professor Douglas W. Arner of the University of Hong Kong.
In a market seemingly saturated with books on FinTech and cryptocurrencies, the authors of the above work offer a comprehensive, accessible reference for those seeking to understand the technological transformation of finance and the role of regulation: the world of FinTech. They consider FinTech technologies including artificial intelligence, blockchain, BigData, cloud computing, cryptocurrencies, central bank digital currencies, and distributed ledger technology, and provide a unique perspective on FinTech as an interactive system involving finance, technology, law, and regulation.
Starting with an evolutionary perspective, the authors then consider the major technologies transforming finance, arguing for approaches to balance the risks and challenges of innovation. They address the central role of infrastructure in digital financial transformation, highlighting lessons from China, India, and the EU, as well as the impact of pandemics and other sustainability crises, while considering the risks generated by FinTech. They conclude by offering forward-looking regulatory strategies to address the challenges facing our world today.
In this episode of Regulatory Ramblings (Topic Guide is available), Dr. Zetzsche talks to host Ajay Shamdasani about what compelled him and his co-authors to write the book, as well as the technological transformation of finance and the role of regulation. They conclude their discussion by fleshing out some of the book’s key conclusions in terms of suggested policy goals and forward-looking regulatory strategies to address the challenges facing today’s world. Simply put: banking and finance, technological innovation, and regulatory policy must move in tandem, the authors argue.
HKU FinTech is the leading fintech research and education in Asia. Learn more at www.hkufintech.com.