| University | Singapore University of Social Science (SUSS) |
| Subject | Finance |
Question
Suggest and discuss some of the steps that regulators are doing to ensure the continued stability of the financial system with the entrant of fintech companies.
Make good use of examples, statistics and events to augment your discussion.
Sub Answer
The entrant of FinTech companies in the provision of financial services has brought benefits and risks. Effective regulations are thus important so that FinTech companies minimise their disruptions to the financial system. As such, regulators have taken some measures to ensure financial stability. This can be classified into regulating FinTech activities, regulating the use of technology, and maintaining FinTech innovations.
Buy Custom Answer of This Assessment & Raise Your Grades
Regulating FinTech Activities
There is a need to regulate FinTech activities as it covers a wide range of financial services. Regulations and policies have been placed especially for activities such as payments services and P2P lending.
- For payment services, the Monetary Authority of Singapore (MAS)
- For P2P lending, China regulations
- Cryptoassets
Regulating Use of Technology
- RegTech
Maintaining FinTech Innovations
- Regulatory Sandbox (Singapore)
- Innovation Hubs (UK)
- Accelerators
Conclusion
- Not an easy task
- Great efforts – mention Bali Fintech Agenda
Students of the SUSS university is always seeking finance assignment help in Singapore. No worries if you need it urgently. We offer swift and top-notch finance course assignment help for SUSS students that will deliver to you before your deadline. We present unmatched personal finance assignment help, for example, we prepare an assignment of finance for fintech companies.
Looking for Plagiarism free Answers for your college/ university Assignments.
- Engaging Youth with IBM Skills Build Assignment: Designing Innovative Strategies for Skill Development and Career Growth
- BUS368 Innovation Management and Digital Transformation Assignment: Managing Innovation in Foldable, Trifold, and Stretchable Display Technologies
- BUS366 Assignment: Process Improvement and Recruitment Optimization Using Lean Six Sigma Methodology
- HBC203 Statistics and Data Analysis for the Social and Behavioural Sciences TMA-01: A Comparative Analysis of Workplace Wellbeing Interventions and Their Impact on Employee Productivity
- BCAF003 Business Accounting Assignment: A Comprehensive Study on Bank Reconciliation, Cash Controls, Inventory Valuation, and Financial Analysis
- MGT201 Managing Self and Others Assignment: Exploring Generational Challenges and Leadership Styles to Enhance Wellbeing Using the PERMA Model
- EBM3005 Energy Management and Audit Assignment: Energy Performance Evaluation of a Water-Cooled Central Chilled Water Plant and Air Distribution System Using Live Audit and BMS Data
- HRM331 Talent Management Assignment: Strategic Prioritization of Employee Engagement Areas to Retain Gen Z Talent at Innova Code
- BUS357 Starting and Managing a Business Assignment: Business Feasibility Assessment Report for “Travel With Host” – A Personalised Travel Platform
- Communication Studies Individual Assignment: Professional Job Application in Response to a Real-World Job Advertisement