Non-Bank Finance and Financial Intermediation (Naples, 18-19 June)

Banca d'Italia hosted in Naples the representatives of 14 Mediterranean countries and 6 regional and international organizations - World Bank, IMF, Financial Stability Board, European Systemic Risk Board, European Investment Bank, European Central Bank - to discuss the issue of increasing financing of the economy by non-bank financial players.

These non-bank stakeholders help to diversify the sources of financing for companies, but they also require appropriate regulation to ensure financial stability and consumer protection. The fintechs and the Libra cryptocurrency project have been the subject of rich exchanges, particularly on the need for the authorities to pay close attention to new technologies in the economic and financial fields.

Updated on: 07/25/2019 09:54