My question concerns financial technology.
You talked about one of the criticisms that we heard. You may have anticipated questions about the separation of banks and insurance companies.
You say that it is impossible for a bank to communicate a customer's information to a financial technology company, which would then offer insurance based on the information received. You say that this is prohibited even though the bill frequently mentions “collecting, manipulating, and transmitting information” as well as “ developing, manufacturing, and selling technology”.
Where can we find this prohibition?
Was this part of the Act amended to to take into account financial technology?