플랫폼 이코노미에 대응한 미국, EU, 중국에서 규제기관의 동향

With the development of financial technology and the advancement of the internet environment, providers of financial services are no longer limited to traditional financial institutions. FinTech (Financial Technology) and big-tech companies offer diversified financial services through platform models. As financial services progress towards digitization and intelligence, maintaining financial market stability becomes a focus for countries. This report analyzes the regulatory measures taken by major supervisory authorities in the US (United States), the EU (European Union), China, and looks into four key considerations: data collection integrity, data privacy security, rationality of technology applications, and prevention of systemic risks.

Table of Contents

1.The Impact of Fintech on Traditional Banks

• 1.1 Complementary Effects of Financial Services
• 1.2 Market Supportive Effects

2. The Impact of BigTech on Traditional Banks

• 2.1 Replacement of Financial Services
• 2.2 Market Dominance
• 2.3 Cybersecurity and Privacy Protection
• 2.4 Technology Development and Provision
• 2.5 Systemic Risks

3. Measures Taken by Interntional Regularoty Authorities

• 3.1 Data Collection and Sharing
  • 3.1.1 EU: Data Act and Data Governance Act
  • 3.1.2 US: National Strategy for Privacy Protection in Promoting Data Sharing and Analysis
  • 3.1.3 China: Data Security Law
• 3.2 Privacy and Security Regulation
  • 3.2.1 EU: General Data Protection Regulation
  • 3.2.2 US: The American Data Privacy and Protection Act
  • 3.2.3 China: Personal Information Protection Law
• 3.3 Regulation of Algorithmic Fairness
  • 3.3.1 EU: Trustworthy AI Ethical Assessment Principles
  • 3.3.2 US: Artificial Intelligence Rights Blueprints
  • 3.3.3 China: Personal Information Protection Law
• 3.4 Regulation of Technology Companies
  • 3.4.1 EU: Digital Services Act
  • 3.4.2 US: The American Innovation and Choice Online Act and Open App Markets Act
  • 3.4.3 China: Anti-Monopoly Law

4.Key Considerations of International Regulatory Authorities

• 4.1 Data Collection Integrity
  • 4.1.1 Emerging Financial Information
  • 4.1.2 Non-Financial Information
• 4.2 Data Privacy Security
• 4.3 Rationality of Technology Applications
• 4.4 Prevention of Systemic Risks
• MIC Perspective

Appendix

• List of Companies

List of Tables

• Table 1 Specific Measures of the EU's "Data Act"
• Table 2 Measures of the EU "Data Law"
• Table 3 Seven Principles and Regulations of GDPR for Data Controllers
• Table 4 Five Principles and Regulations of GDPR for Data Subject Rights
• Table 5 Key Highlights of Chapters in the "US Data Privacy and Protection Act"
• Table 6 Protection of Individual Information Rights under the "Personal Information Protection Law"
• Table 7 Principles for Reliable AI Ethics Assessment
• Table 8 Principles of the United States Artificial Intelligence Rights Blueprint
• Table 9 Compliance Explanation of Automated Decision-Making in China
• Table 10 Regulations on Anti-Monopoly in China's Platform Economy