I further believe that fintech can play a significant role in  Page 3 of 11  addressing broader public-policy objectives such as financial deepening, increased competition, and greater efficiency in the provision of financial services. For regulators, though, the challenge is to balance the benefits that fintech may bring with its potential risks.
A rating system for the trust unit… analogous to the CAMELS rating system for bank proper....is being formulated to independently assess their performance, given their special fiduciary responsibilities. To tie everything up, new specialized examination procedures are being drafted for trust operations…. to basically align these with the risk-based approach and to incorporate compliance with the basic standards and risk management principles.