Dr Christine Menglu Wang is a Research Fellow at the Centre for Banking & Finance Law (CBFL) at the National University of Singapore. She obtained her PhD in Laws from the Chinese University of Hong Kong and a master’s degree (with distinction) from the University of Sydney Business School, specializing in finance and business law. She has also passed the National Judicial Examination of China.
Christine previously worked as a Post-doctoral Fellow at the Faculty of Law, the University of Hong Kong on a project titled “Digital Finance, Financial Inclusion and Sustainability: Building Better Financial Systems”. Her research focuses on the digital transformation of finance and its regulation in different jurisdictions, as well as the potential of technology to promote sustainable development. Christine has published several related articles, covering topics such as Fintech-bank partnerships, credit data regulation, algorithmic decision-making in financial services, the digitalization and platformization of finance, and open finance and data governance.
Research Project
The Impact of Artificial Intelligence on Financial Markets and the Macroeconomy
The rapid development and increasing adoption of AI can alleviate some of the challenges in financial services, from identity verification and credit assessment to risk management, thereby supporting financial integrity and inclusion. However, the widespread use of AI in finance has raised a range of problems and risks related to data protection, cybersecurity, market competition and financial stability. The entry and concentration of emerging service providers, such as Bigtechs and Fintechs, into financial markets is also becoming a particular concern for regulators, as this trend may lead to third-party risks and systemic vulnerabilities. In response, many jurisdictions have been exploring appropriate approaches to maximize the benefits of AI in finance while addressing potential challenges and risks. This research project aims to examine the impacts of AI on financial markets and whether existing governance frameworks strike the right balance between financial innovation and stability, as expected.
