Faultlines in financial system could be exposed by regulatory arbitrage
Policymakers and banking industry should push for convergence on rules
Policymakers and banking industry should push for convergence on rules

History suggests the political approach ends in unsustainable debt and lower GDP

Customer information is either a private asset or a public good

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks

We are living in a ‘barbell’ world where international threat meets technological opportunity

The sector remains untested in a severe or prolonged economic downturn

Financial Stability Board flags high debt, liquidity mismatches and lack of data on banks’ exposure