New Bank Regulation

New banks are often referred to as those banks that provide banking services through digital touch points such as mobile aps. And they use digital technologies to make banking services available on any device at any time. So new banks, in most jurisdictions, are subject to banking requirements which can be simpler than the more complex capital and liquidity rules applicable to larger, internationally active banks. Ut in some countries, new banks are also subject to less comprehensive requirements. For example, they are allowed to operate without a banking license, or are not subject to liquiditysrequirements,. Or are subject to different loan classification and even lower provisioning requirements.