LONDON, May 16 (Reuters) - Ongoing digitalisation of finance and the entry of Big Tech creates new vulnerabilities and amplifies existing risks in the banking system that may need new rules to mitigate, global banking regulators said in a report on Thursday.
"Where necessary, it will consider whether additional standards or guidance are needed to mitigate risks and vulnerabilities," the Basel Committee of regulators from the G20 economies and other countries said.
(Reporting by Huw Jones; Editing by Alison Williams)
