Updated: Dec 8, 2021
BigFintechs and Sustainability: A Necessary Convergence
Global digital finance platforms or “BigFintechs “ are weaving sectors together across the world in ways that make the breadth of their impacts on the labour conditions, environment or well being of consumers difficult to assess. Bold governance mechanisms are required to secure BigFintechs contributions to the Sustainable Development Goals according to the study "A principles-based approach to the governance of BigFintech".
The University of Hong Kong (HKU) Professor Douglas Arner laid out the frameworks and coordinated strategies they found necessary to help in the governance of digital financial platforms across the world during the launch of the UNDP-UNCDF led study.
The study is the last of the series of technical papers co-written by the HKU team led by Kerry Holdings Professor in Law Douglas Arner: Dr. Kuzi Charamba, Post-doctoral Fellow at HKU's Asian Institute of International Financial Law (AIIFL), Sangita Gazi, PhD candidate, HKU Faculty of Law, and Dr. Artem Sergeev, former Senior Research Assistant, HKU Faculty of Law.
This study is part of a series of technical papers under the UNDP | UNCDF's Dialogue on Global Digital Finance Governance covering BigFintechs and their impacts on sustainability, corporate governance innovations, and BigFintechs and international governance, policymaking and the SDGs. The papers can be downloaded in the UNDP site. The papers, co-written by HKU's Kuzi Charamba, Sangita Gazi, and Artem Sergeev can also be downloaded through the following links:
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