金融科技监管的制度安排 监管监督 nstitutional Arrangements for Fintech Regulation Supervisory.pdf

InstitutionalArrangementsforFintechRegulation:

Supervisory

金融科技监管的制度安排：监管监督

ExecutiveSummary

执行摘要

Reflectingpotentialefficiencyandinclusiongains,

technology-enabledinnovationinfinancialservices(fintech)has

increasedgreatlyoverthepastdecade,andaregulatoryresponseis

neededtoensurethatnewrisksarepromptlyandaccuratelyidentified

andaddressed.Fintechisbeingusedacrossfinancialservicesto

generateefficienciesandlowercostsforfirms,improvecompliance

(RegTech),andhelpregulatoryauthoritiesachievetheirobjectives

(SupTech).Importantly,fintechishavinganimpactonmarkets

worldwideinbothadvancedeconomiesandemergingmarketand

developingeconomies(EMDEs).

在过去十年中，金融服务(金融科技)的技术创新大幅增加，

反映了潜在的效率和包容性收益，需要监管应对措施，以确保及

时准确地识别和应对新的风险。金融科技正被用于金融服务领域，

为公司提高效率和降低成本，提高合规性(RegTech，监管科技)，

并帮助监管机构实现其目标(SupTech，监管科技)。重要的是，金

融科技正在对发达经济体、新兴市场和发展中经济体(EMDEs)的全

球市场产生影响。

Inmanyjurisdictions,theuseoffintechisdrivenbystart-ups;in

others,itismostoftendeployedbylargetechnologyconglomerates

(BigTech)andincumbentfinancialinstitutions.Regulatoryresponses

shouldidentifyandaddresstherisksgeneratedbyfintech,andthe

approachshouldbetailoredtothenatureofthefintechinnovationand

itsimpactonfinancialservicesprovision.

在许多司法管辖区，金融科技的使用是由初创企业推动的;在

其他司法管辖区，它通常是由大型科技集团(BigTech)和现有金融

机构部署的。监管应对措施应识别和解决金融科技带来的风险，

并根据金融科技创新的性质及其对金融服务提供的影响量身定制

方法。

Wherefintechisusedtodeliverexistingproductsorservicesat

lowercostsand/orinsuperiorways,atechnology-neutralapproachto

regulationmightsensiblymanagerisks.Whereproductsandservices

changeconsiderablyduetotheimpactoffintech,newbespoke

regulationprovidesabetterapproach.Wherefintechhasspurrednew

businessmodelsorthetechnologyhasgeneratednewrisks,a

“test-andlearn”approachhasbeenusedtobetterunderstandthesenew

technolog