[18]  Chart 4  Market portfolio vs. ECB holdings vs. CSPP eligibility vs. bond market  Source: Papoutsi, Piazzesi, Schneider (2021). Data sources: ECB (SHS & CSDB), Eurostat, Orbis. Notes: Market shares measured as capital income by sector. “Dirty Manufacturing” = oil & coke, chemicals, basic metals, nonmetallic minerals.
Standard setting bodies like the Financial Stability Board, the Basle Committee on Banking Supervision and others have formed special teams, working groups to examine the developments. Why this enhanced interest in FinTechs? In my opinion it is because of two of the key FinTech 1/4  BIS central bankers' speeches  innovations viz., the Market Place Financing and the Blockchain.