FinTech firms have literally achieved a "new combination" as "entrepreneurs" by incorporating accounting information processing, and credit information production, to provide transaction lending services. This new combination helps establish efficient lending frameworks that reduce costs for credit assessment, shorten screening processes, and improve the performance of credit risk models.
The Commission’s legislative proposals require that financial market participants will have to consider the risks arising from sustainability factors in their investment and advisory processes. This will result in a requirement to disclose to end investors and clients their assessment of sustainability risk and the potential resulting impact on returns.