Politicians need to move fast as Facebook & Co move into finance – BIS
22 Jun Politicians need to move fast as Facebook & Co move into finance – BIS
Posted at 16:00h
in
News
by KMFSLLP
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.
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