FinTech regulatory regimes started emerging in the Gulf region in 2017. Since then, the region has become a hotbed for FinTech activity and regulatory development, with several jurisdictions competing to establish themselves as the FinTech...

In the West, the Chinese word for “crisis” is often cited as the characters that signify “danger” and “opportunity.” While the original meaning of wēijī in the Chinese language is subtly different, the term has entered the Western...

Asia now stands at the center of a new era, in which economics and geopolitics are again becoming ever-more closely intertwined. The two have of course never been entirely separate. But, at its best, the US-led “rules-based order” between...

A longer version of this article was first published in Wall Street International Magazine on July 20, 2019. With the world at a crossroads, there is still reason for hope when I look at the progress made in my own nation. And perhaps there...

The Milken Institute Center for Financial Markets provided a response to the Office of the Comptroller of the Currency (OCC) upon request for comments regarding special purpose national bank charters for FinTech companies. The white paper...

In this letter, we provide initial reactions and thoughts with regards to both the proposed policy on No-Action Letters (NALs) and the Product Sandbox proposal, and propose several recommendations to further strengthen the proposal.

Ted Tozer, Senior Fellow in the Housing Finance Program at the Milken Institute Center for Financial Markets, presents in his written testimony before the U.S. House of Representatives Committee on Financial Services Subcommittee Housing...

The cost of capital to conduct medical R&D is high because investors must be compensated with significant returns to offset the risky and long drug-development process. This cost of capital could be reduced, and thus medical innovation...

In his 2016 Budget Proposal, President Obama called for a new " middle-class economics." The president is right to seek ways to assist the middle class. Despite positive economic trends -- the United States added three million jobs in 2014...

Non-adherence in health care results when a patient does not initiate or continue care that a provider has recommended. Researchers have identified non-adherence as a major source of waste in US health care, totaling approximately 2.3% of...