RODRIGUEZ DE LAS HERAS BALLELL, T.
FOREWORD
Chapter 1. UNDERSTANDING THE CONTEXT AND SETTING AN ANALYTICAL FRAMEWORK
FOR FINANCIAL REGULATION
Chapter 2. THE LAYERS OF DIGITAL FINANCIALINNOVATION: ELABORATING THE THEORY
Chapter 3. DECODING DIGITAL FINANCIAL INNOVATION: THE NEW ATTRIBUTES OF FINANCIAL ACTIVITY
Chapter 4. THE DISINTERMEDIATION-REINTERMEDIATION CYCLE: FACING STRUCTURAL
INNOVATION IN FINANCIAL MARKETS
Chapter 5. DEVISING THE REGULATORY RESPONSE TO FINTECH CHALLENGES: A FUNCTION
OF THREE VARIABLES
Chapter 6. THE VECTORS DEFINING REGULATORY STRATEGIES FOR FINTECH
BIBLIOGRAPHY
The increasingly popular term of Fintech captures the accelerated and multidimensional transformation of contemporary financial markets driven and enabled by digital technologies and financial innovation. Although financial regulation is accustomed to grapple with a dynamic, highly changing, and demanding market, and the technological progress has been an important force in the transformation of finance, the vertiginous pace of technological innovation and the unpredictable effects of its application on a large scale, the complexity and the breadth of the phenomenon, and the disruptive potential of the variety of innovative models represent unprecedented challenges for financial regulators and supervisors. Therefore, articulating a balanced, timely and effective regulatory response to Fintech challenges requires first to understand all the dimensions of such transformation, the emerging models, the technological developments and its applications, and the innovative products and services.
