Politicians need to move fast as Facebook & Co move into finance – BIS
Politicians need to quickly
coordinate regulatory responses to new risks from technology
companies like Facebook moving into finance, though banks
won’t be squeezed out anytime soon, the Bank for International
Settlements (BIS) said on Sunday.
coordinate regulatory responses to new risks from technology
companies like Facebook moving into finance, though banks
won’t be squeezed out anytime soon, the Bank for International
Settlements (BIS) said on Sunday.
Posted by Reuters