Global Watchdog Eyes Tech Innovation Risks In 2019
Law360, London (February 12, 2019, 2:46 PM GMT) -- An international standards setter for central banks in the world's largest economies said Tuesday that it will redouble efforts to identify new risks in the market, as it considers whether legislation passed during the height of the last global financial crisis is working.
The Financial Stability Board has outlined its plans in the coming year to address potential vulnerability emerging in the market, including in areas such as accounting, financial technology and cybersecurity.
The board, which helps drive policy recommendations for banks in the G-20 group of wealthy nations, said it would consider whether there are gaps in the rules governing...
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