‘Big Tech’ companies could be forced to share data on financial services customers – FSB
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s…
Facebook’s Libra could come under some existing rules – Watchdog
Existing securities rules could apply to “stable coin” digital currency initiatives such as Facebook’s Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday as policymakers…