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Big tech regulation: what is going on?

Summary:
FSI Insights No 36, September 2021. This paper reviews various regulatory initiatives developed in China, the European Union and the United States to address new challenges presented by big techs.. It offers a typology of regulatory actions and focusses on five policy domains: competition, data, conduct of business, operational resilience and financial stability.

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FSI Insights No 36, September 2021. This paper reviews various regulatory initiatives developed in China, the European Union and the United States to address new challenges presented by big techs.. It offers a typology of regulatory actions and focusses on five policy domains: competition, data, conduct of business, operational resilience and financial stability.
International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

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