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Opinion: The trade-off between innovation and regulation in financial services


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Richard Nesbitt is an adjunct professor of finance at the University of Toronto’s Rotman School of Management. Michael King is an associate professor of finance and the Lansdowne Chair in Finance at the University of Victoria’s Gustavson School of Business. They are the authors of a new book,
, from Rotman-UTP Publishing.
On the weekend, news broke that Chinese regulators have ordered Ant Group, the world’s largest fintech company, to reorganize its business to comply with regulatory requirements faced by traditional financial intermediaries. This news follows the cancellation on Nov. 3 of Ant Group’s planned US$34.5-billion initial public offering in Shanghai and Hong Kong. Only two months ago, ....

Hong Kong , British Columbia , Michael King , Richard Nesbitt , Technological Revolution In Financial Services , University Of Victoria Gustavson School Business , University Of Toronto Rotman School Management , Equitable Bank , Ant Group , Jack Ma Alibaba Group , Like Ant Group , Rotman School , Lansdowne Chair , Gustavson School , Technological Revolution , Financial Services How Banks , Customers Win Together , Big Tech , Personal Information Protection , Electronic Documents Act , Shopify Capital , Mogo Financial , Financial Services , Covid 19 Pandemic , Coronavirus Canada , Personal Information Protection And Electronic Documents Act ,

Detailed text transcripts for TV channel - FOXNEWS - 20110409:23:09:00

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