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US: Government Accountability Office Issues Fintech Report

In March 2018 the United States Government Accountability Office (GAO) published a report titled "Financial Technology: Additional Steps by Regulators Could Better Protect Consumers and Aid Regulatory Oversight".

For this report, the GAO reviewed available data, literature, agency documents; analysed relevant laws and regulations; and conducted interviews with more than 120 federal and state regulators, market participants, and observers, and regulators in four countries with active fintech sectors and varying regulatory approaches.

The report assesses:

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