id	sid	tid	token	lemma	pos
fbem-15390	1	1	frontiers	frontier	NOUN
fbem-15390	1	2	in	in	ADP
fbem-15390	1	3	business	business	NOUN
fbem-15390	1	4	,	,	PUNCT
fbem-15390	1	5	economics	economic	NOUN
fbem-15390	1	6	and	and	CCONJ
fbem-15390	1	7	management	management	NOUN
fbem-15390	1	8	issn	issn	PROPN
fbem-15390	1	9	:	:	PUNCT
fbem-15390	1	10	2766	2766	NUM
fbem-15390	1	11	-	-	PUNCT
fbem-15390	1	12	824x	824x	NUM
fbem-15390	1	13	|	|	ADJ
fbem-15390	1	14	vol	vol	NOUN
fbem-15390	1	15	.	.	PROPN
fbem-15390	1	16	12	12	NUM
fbem-15390	1	17	,	,	PUNCT
fbem-15390	1	18	no	no	INTJ
fbem-15390	1	19	.	.	NOUN
fbem-15390	1	20	3	3	NUM
fbem-15390	1	21	,	,	PUNCT
fbem-15390	1	22	2023	2023	NUM
fbem-15390	1	23	119	119	NUM
fbem-15390	1	24	research	research	NOUN
fbem-15390	1	25	on	on	ADP
fbem-15390	1	26	financial	financial	ADJ
fbem-15390	1	27	risk	risk	NOUN
fbem-15390	1	28	management	management	NOUN
fbem-15390	1	29	of	of	ADP
fbem-15390	1	30	free	free	ADJ
fbem-15390	1	31	trade	trade	NOUN
fbem-15390	1	32	port	port	NOUN
fbem-15390	1	33	under	under	ADP
fbem-15390	1	34	the	the	DET
fbem-15390	1	35	revolution	revolution	NOUN
fbem-15390	1	36	of	of	ADP
fbem-15390	1	37	digital	digital	ADJ
fbem-15390	1	38	economy	economy	NOUN
fbem-15390	1	39	meng	meng	PROPN
fbem-15390	1	40	wu1	wu1	PROPN
fbem-15390	1	41	,	,	PUNCT
fbem-15390	1	42	anthony	anthony	PROPN
fbem-15390	1	43	ang	ang	PROPN
fbem-15390	1	44	sang	sing	VERB
fbem-15390	1	45	nang2	nang2	NOUN
fbem-15390	1	46	,	,	PUNCT
fbem-15390	1	47	*	*	SYM
fbem-15390	1	48	1	1	NUM
fbem-15390	1	49	saxo	saxo	NOUN
fbem-15390	1	50	fintech	fintech	NOUN
fbem-15390	1	51	business	business	NOUN
fbem-15390	1	52	school	school	NOUN
fbem-15390	1	53	,	,	PUNCT
fbem-15390	1	54	university	university	PROPN
fbem-15390	1	55	of	of	ADP
fbem-15390	1	56	sanya	sanya	PROPN
fbem-15390	1	57	,	,	PUNCT
fbem-15390	1	58	hainan	hainan	PROPN
fbem-15390	1	59	,	,	PUNCT
fbem-15390	1	60	572000	572000	NUM
fbem-15390	1	61	,	,	PUNCT
fbem-15390	1	62	p.r.china	p.r.china	ADJ
fbem-15390	1	63	2	2	NUM
fbem-15390	1	64	human	human	ADJ
fbem-15390	1	65	ecology	ecology	NOUN
fbem-15390	1	66	faculty	faculty	NOUN
fbem-15390	1	67	,	,	PUNCT
fbem-15390	1	68	university	university	NOUN
fbem-15390	1	69	putra	putra	PROPN
fbem-15390	1	70	malaysia	malaysia	PROPN
fbem-15390	1	71	(	(	PUNCT
fbem-15390	1	72	upm	upm	PROPN
fbem-15390	1	73	)	)	PUNCT
fbem-15390	1	74	,	,	PUNCT
fbem-15390	1	75	kuala	kuala	PROPN
fbem-15390	1	76	lumpur	lumpur	PROPN
fbem-15390	1	77	,	,	PUNCT
fbem-15390	1	78	malaysia	malaysia	NOUN
fbem-15390	1	79	*	*	PUNCT
fbem-15390	1	80	corresponding	correspond	VERB
fbem-15390	1	81	author	author	NOUN
fbem-15390	1	82	:	:	PUNCT
fbem-15390	1	83	anthony	anthony	PROPN
fbem-15390	1	84	ang	ang	PROPN
fbem-15390	1	85	sang	sing	VERB
fbem-15390	1	86	nang	nang	PROPN
fbem-15390	1	87	(	(	PUNCT
fbem-15390	1	88	email	email	NOUN
fbem-15390	1	89	:	:	PUNCT
fbem-15390	1	90	gd54204@student.upm.edu.com	gd54204@student.upm.edu.com	NUM
fbem-15390	1	91	)	)	PUNCT
fbem-15390	1	92	abstract	abstract	NOUN
fbem-15390	1	93	:	:	PUNCT
fbem-15390	1	94	the	the	DET
fbem-15390	1	95	commencement	commencement	NOUN
fbem-15390	1	96	of	of	ADP
fbem-15390	1	97	the	the	DET
fbem-15390	1	98	full	full	ADJ
fbem-15390	1	99	implementation	implementation	NOUN
fbem-15390	1	100	phase	phase	NOUN
fbem-15390	1	101	of	of	ADP
fbem-15390	1	102	hainan	hainan	PROPN
fbem-15390	1	103	's	's	PART
fbem-15390	1	104	free	free	PROPN
fbem-15390	1	105	trade	trade	NOUN
fbem-15390	1	106	port	port	NOUN
fbem-15390	1	107	building	building	NOUN
fbem-15390	1	108	project	project	NOUN
fbem-15390	1	109	signifies	signify	VERB
fbem-15390	1	110	the	the	DET
fbem-15390	1	111	initiation	initiation	NOUN
fbem-15390	1	112	of	of	ADP
fbem-15390	1	113	hainan	hainan	PROPN
fbem-15390	1	114	's	's	PART
fbem-15390	1	115	endeavour	endeavour	NOUN
fbem-15390	1	116	to	to	PART
fbem-15390	1	117	establish	establish	VERB
fbem-15390	1	118	a	a	DET
fbem-15390	1	119	free	free	ADJ
fbem-15390	1	120	trade	trade	NOUN
fbem-15390	1	121	port	port	NOUN
fbem-15390	1	122	with	with	ADP
fbem-15390	1	123	distinct	distinct	ADJ
fbem-15390	1	124	chinese	chinese	ADJ
fbem-15390	1	125	attributes	attribute	NOUN
fbem-15390	1	126	.	.	PUNCT
fbem-15390	2	1	the	the	DET
fbem-15390	2	2	maintenance	maintenance	NOUN
fbem-15390	2	3	of	of	ADP
fbem-15390	2	4	financial	financial	ADJ
fbem-15390	2	5	security	security	NOUN
fbem-15390	2	6	in	in	ADP
fbem-15390	2	7	the	the	DET
fbem-15390	2	8	hainan	hainan	PROPN
fbem-15390	2	9	free	free	PROPN
fbem-15390	2	10	trade	trade	PROPN
fbem-15390	2	11	port	port	NOUN
fbem-15390	2	12	is	be	AUX
fbem-15390	2	13	crucial	crucial	ADJ
fbem-15390	2	14	for	for	ADP
fbem-15390	2	15	ensuring	ensure	VERB
fbem-15390	2	16	the	the	DET
fbem-15390	2	17	stable	stable	ADJ
fbem-15390	2	18	and	and	CCONJ
fbem-15390	2	19	quick	quick	ADJ
fbem-15390	2	20	development	development	NOUN
fbem-15390	2	21	of	of	ADP
fbem-15390	2	22	the	the	DET
fbem-15390	2	23	port	port	NOUN
fbem-15390	2	24	,	,	PUNCT
fbem-15390	2	25	particularly	particularly	ADV
fbem-15390	2	26	in	in	ADP
fbem-15390	2	27	light	light	NOUN
fbem-15390	2	28	of	of	ADP
fbem-15390	2	29	the	the	DET
fbem-15390	2	30	accelerated	accelerated	ADJ
fbem-15390	2	31	speed	speed	NOUN
fbem-15390	2	32	of	of	ADP
fbem-15390	2	33	financial	financial	ADJ
fbem-15390	2	34	opening	opening	NOUN
fbem-15390	2	35	in	in	ADP
fbem-15390	2	36	its	its	PRON
fbem-15390	2	37	construction	construction	NOUN
fbem-15390	2	38	.	.	PUNCT
fbem-15390	3	1	in	in	ADP
fbem-15390	3	2	the	the	DET
fbem-15390	3	3	realm	realm	NOUN
fbem-15390	3	4	of	of	ADP
fbem-15390	3	5	digital	digital	ADJ
fbem-15390	3	6	finance	finance	NOUN
fbem-15390	3	7	,	,	PUNCT
fbem-15390	3	8	the	the	DET
fbem-15390	3	9	concept	concept	NOUN
fbem-15390	3	10	of	of	ADP
fbem-15390	3	11	interconnectivity	interconnectivity	NOUN
fbem-15390	3	12	and	and	CCONJ
fbem-15390	3	13	data	datum	NOUN
fbem-15390	3	14	exchange	exchange	NOUN
fbem-15390	3	15	is	be	AUX
fbem-15390	3	16	achieved	achieve	VERB
fbem-15390	3	17	through	through	ADP
fbem-15390	3	18	the	the	DET
fbem-15390	3	19	transformation	transformation	NOUN
fbem-15390	3	20	of	of	ADP
fbem-15390	3	21	prospective	prospective	ADJ
fbem-15390	3	22	financial	financial	ADJ
fbem-15390	3	23	data	datum	NOUN
fbem-15390	3	24	into	into	ADP
fbem-15390	3	25	information	information	NOUN
fbem-15390	3	26	chains	chain	NOUN
fbem-15390	3	27	.	.	PUNCT
fbem-15390	4	1	digital	digital	ADJ
fbem-15390	4	2	finance	finance	NOUN
fbem-15390	4	3	has	have	AUX
fbem-15390	4	4	emerged	emerge	VERB
fbem-15390	4	5	as	as	ADP
fbem-15390	4	6	a	a	DET
fbem-15390	4	7	significant	significant	ADJ
fbem-15390	4	8	component	component	NOUN
fbem-15390	4	9	of	of	ADP
fbem-15390	4	10	the	the	DET
fbem-15390	4	11	digital	digital	ADJ
fbem-15390	4	12	economy	economy	NOUN
fbem-15390	4	13	,	,	PUNCT
fbem-15390	4	14	exerting	exert	VERB
fbem-15390	4	15	a	a	DET
fbem-15390	4	16	substantial	substantial	ADJ
fbem-15390	4	17	influence	influence	NOUN
fbem-15390	4	18	on	on	ADP
fbem-15390	4	19	the	the	DET
fbem-15390	4	20	rebuilding	rebuilding	NOUN
fbem-15390	4	21	of	of	ADP
fbem-15390	4	22	the	the	DET
fbem-15390	4	23	financial	financial	ADJ
fbem-15390	4	24	ecological	ecological	ADJ
fbem-15390	4	25	value	value	NOUN
fbem-15390	4	26	system	system	NOUN
fbem-15390	4	27	and	and	CCONJ
fbem-15390	4	28	the	the	DET
fbem-15390	4	29	formation	formation	NOUN
fbem-15390	4	30	of	of	ADP
fbem-15390	4	31	the	the	DET
fbem-15390	4	32	nascent	nascent	ADJ
fbem-15390	4	33	financial	financial	ADJ
fbem-15390	4	34	services	service	NOUN
fbem-15390	4	35	industry	industry	NOUN
fbem-15390	4	36	.	.	PUNCT
fbem-15390	5	1	nevertheless	nevertheless	ADV
fbem-15390	5	2	,	,	PUNCT
fbem-15390	5	3	the	the	DET
fbem-15390	5	4	expeditious	expeditious	ADJ
fbem-15390	5	5	advancement	advancement	NOUN
fbem-15390	5	6	of	of	ADP
fbem-15390	5	7	digital	digital	ADJ
fbem-15390	5	8	banking	banking	NOUN
fbem-15390	5	9	has	have	AUX
fbem-15390	5	10	engendered	engender	VERB
fbem-15390	5	11	a	a	DET
fbem-15390	5	12	range	range	NOUN
fbem-15390	5	13	of	of	ADP
fbem-15390	5	14	risk	risk	NOUN
fbem-15390	5	15	management	management	NOUN
fbem-15390	5	16	concerns	concern	NOUN
fbem-15390	5	17	.	.	PUNCT
fbem-15390	6	1	these	these	PRON
fbem-15390	6	2	include	include	VERB
fbem-15390	6	3	the	the	DET
fbem-15390	6	4	swift	swift	ADJ
fbem-15390	6	5	transmission	transmission	NOUN
fbem-15390	6	6	and	and	CCONJ
fbem-15390	6	7	progression	progression	NOUN
fbem-15390	6	8	of	of	ADP
fbem-15390	6	9	risks	risk	NOUN
fbem-15390	6	10	inside	inside	ADP
fbem-15390	6	11	the	the	DET
fbem-15390	6	12	realm	realm	NOUN
fbem-15390	6	13	of	of	ADP
fbem-15390	6	14	digital	digital	ADJ
fbem-15390	6	15	finance	finance	NOUN
fbem-15390	6	16	,	,	PUNCT
fbem-15390	6	17	the	the	DET
fbem-15390	6	18	escalation	escalation	NOUN
fbem-15390	6	19	of	of	ADP
fbem-15390	6	20	data	datum	NOUN
fbem-15390	6	21	security	security	NOUN
fbem-15390	6	22	and	and	CCONJ
fbem-15390	6	23	compliance	compliance	NOUN
fbem-15390	6	24	challenges	challenge	NOUN
fbem-15390	6	25	,	,	PUNCT
fbem-15390	6	26	and	and	CCONJ
fbem-15390	6	27	the	the	DET
fbem-15390	6	28	augmented	augment	VERB
fbem-15390	6	29	complexity	complexity	NOUN
fbem-15390	6	30	of	of	ADP
fbem-15390	6	31	market	market	NOUN
fbem-15390	6	32	regulation	regulation	NOUN
fbem-15390	6	33	.	.	PUNCT
fbem-15390	7	1	this	this	DET
fbem-15390	7	2	study	study	NOUN
fbem-15390	7	3	examines	examine	VERB
fbem-15390	7	4	the	the	DET
fbem-15390	7	5	issue	issue	NOUN
fbem-15390	7	6	of	of	ADP
fbem-15390	7	7	digital	digital	ADJ
fbem-15390	7	8	financial	financial	ADJ
fbem-15390	7	9	risk	risk	NOUN
fbem-15390	7	10	management	management	NOUN
fbem-15390	7	11	by	by	ADP
fbem-15390	7	12	assessing	assess	VERB
fbem-15390	7	13	the	the	DET
fbem-15390	7	14	current	current	ADJ
fbem-15390	7	15	situation	situation	NOUN
fbem-15390	7	16	and	and	CCONJ
fbem-15390	7	17	trends	trend	NOUN
fbem-15390	7	18	in	in	ADP
fbem-15390	7	19	digital	digital	ADJ
fbem-15390	7	20	financial	financial	ADJ
fbem-15390	7	21	development	development	NOUN
fbem-15390	7	22	.	.	PUNCT
fbem-15390	8	1	it	it	PRON
fbem-15390	8	2	analyses	analyse	VERB
fbem-15390	8	3	the	the	DET
fbem-15390	8	4	unique	unique	ADJ
fbem-15390	8	5	characteristics	characteristic	NOUN
fbem-15390	8	6	of	of	ADP
fbem-15390	8	7	digital	digital	ADJ
fbem-15390	8	8	financial	financial	ADJ
fbem-15390	8	9	risks	risk	NOUN
fbem-15390	8	10	compared	compare	VERB
fbem-15390	8	11	to	to	ADP
fbem-15390	8	12	traditional	traditional	ADJ
fbem-15390	8	13	financial	financial	ADJ
fbem-15390	8	14	risks	risk	NOUN
fbem-15390	8	15	and	and	CCONJ
fbem-15390	8	16	considers	consider	VERB
fbem-15390	8	17	the	the	DET
fbem-15390	8	18	current	current	ADJ
fbem-15390	8	19	state	state	NOUN
fbem-15390	8	20	of	of	ADP
fbem-15390	8	21	financial	financial	ADJ
fbem-15390	8	22	development	development	NOUN
fbem-15390	8	23	in	in	ADP
fbem-15390	8	24	hainan	hainan	PROPN
fbem-15390	8	25	.	.	PUNCT
fbem-15390	9	1	the	the	DET
fbem-15390	9	2	study	study	NOUN
fbem-15390	9	3	explores	explore	VERB
fbem-15390	9	4	the	the	DET
fbem-15390	9	5	risks	risk	NOUN
fbem-15390	9	6	that	that	PRON
fbem-15390	9	7	should	should	AUX
fbem-15390	9	8	be	be	AUX
fbem-15390	9	9	mitigated	mitigate	VERB
fbem-15390	9	10	during	during	ADP
fbem-15390	9	11	the	the	DET
fbem-15390	9	12	development	development	NOUN
fbem-15390	9	13	of	of	ADP
fbem-15390	9	14	hainan	hainan	PROPN
fbem-15390	9	15	's	's	PART
fbem-15390	9	16	free	free	PROPN
fbem-15390	9	17	trade	trade	NOUN
fbem-15390	9	18	port	port	NOUN
fbem-15390	9	19	and	and	CCONJ
fbem-15390	9	20	proposes	propose	VERB
fbem-15390	9	21	measures	measure	NOUN
fbem-15390	9	22	to	to	PART
fbem-15390	9	23	ensure	ensure	VERB
fbem-15390	9	24	the	the	DET
fbem-15390	9	25	financial	financial	ADJ
fbem-15390	9	26	security	security	NOUN
fbem-15390	9	27	of	of	ADP
fbem-15390	9	28	the	the	DET
fbem-15390	9	29	port	port	NOUN
fbem-15390	9	30	.	.	PUNCT
fbem-15390	10	1	the	the	DET
fbem-15390	10	2	ultimate	ultimate	ADJ
fbem-15390	10	3	goal	goal	NOUN
fbem-15390	10	4	is	be	AUX
fbem-15390	10	5	to	to	PART
fbem-15390	10	6	facilitate	facilitate	VERB
fbem-15390	10	7	the	the	DET
fbem-15390	10	8	sustainable	sustainable	ADJ
fbem-15390	10	9	development	development	NOUN
fbem-15390	10	10	of	of	ADP
fbem-15390	10	11	hainan	hainan	PROPN
fbem-15390	10	12	's	's	PART
fbem-15390	10	13	free	free	ADJ
fbem-15390	10	14	trade	trade	NOUN
fbem-15390	10	15	port	port	NOUN
fbem-15390	10	16	.	.	PUNCT
fbem-15390	11	1	keywords	keyword	NOUN
fbem-15390	11	2	:	:	PUNCT
fbem-15390	11	3	free	free	ADJ
fbem-15390	11	4	trade	trade	NOUN
fbem-15390	11	5	port	port	NOUN
fbem-15390	11	6	,	,	PUNCT
fbem-15390	11	7	financial	financial	ADJ
fbem-15390	11	8	risk	risk	NOUN
fbem-15390	11	9	,	,	PUNCT
fbem-15390	11	10	digital	digital	ADJ
fbem-15390	11	11	economy	economy	NOUN
fbem-15390	11	12	,	,	PUNCT
fbem-15390	11	13	etc	etc	X
fbem-15390	11	14	.	.	X
fbem-15390	11	15	1	1	X
fbem-15390	11	16	.	.	X
fbem-15390	11	17	introduction	introduction	NOUN
fbem-15390	11	18	in	in	ADP
fbem-15390	11	19	recent	recent	ADJ
fbem-15390	11	20	years	year	NOUN
fbem-15390	11	21	,	,	PUNCT
fbem-15390	11	22	china	china	PROPN
fbem-15390	11	23	has	have	AUX
fbem-15390	11	24	witnessed	witness	VERB
fbem-15390	11	25	continuous	continuous	ADJ
fbem-15390	11	26	advancements	advancement	NOUN
fbem-15390	11	27	in	in	ADP
fbem-15390	11	28	its	its	PRON
fbem-15390	11	29	financial	financial	ADJ
fbem-15390	11	30	services	service	NOUN
fbem-15390	11	31	and	and	CCONJ
fbem-15390	11	32	digital	digital	ADJ
fbem-15390	11	33	channel	channel	NOUN
fbem-15390	11	34	innovation	innovation	NOUN
fbem-15390	11	35	.	.	PUNCT
fbem-15390	12	1	this	this	DET
fbem-15390	12	2	progress	progress	NOUN
fbem-15390	12	3	has	have	AUX
fbem-15390	12	4	led	lead	VERB
fbem-15390	12	5	to	to	ADP
fbem-15390	12	6	important	important	ADJ
fbem-15390	12	7	advances	advance	NOUN
fbem-15390	12	8	in	in	ADP
fbem-15390	12	9	the	the	DET
fbem-15390	12	10	digital	digital	ADJ
fbem-15390	12	11	economy	economy	NOUN
fbem-15390	12	12	,	,	PUNCT
fbem-15390	12	13	resulting	result	VERB
fbem-15390	12	14	in	in	ADP
fbem-15390	12	15	the	the	DET
fbem-15390	12	16	rapid	rapid	ADJ
fbem-15390	12	17	development	development	NOUN
fbem-15390	12	18	of	of	ADP
fbem-15390	12	19	digital	digital	ADJ
fbem-15390	12	20	finance	finance	NOUN
fbem-15390	12	21	.	.	PUNCT
fbem-15390	13	1	currently	currently	ADV
fbem-15390	13	2	,	,	PUNCT
fbem-15390	13	3	the	the	DET
fbem-15390	13	4	evolution	evolution	NOUN
fbem-15390	13	5	of	of	ADP
fbem-15390	13	6	digital	digital	ADJ
fbem-15390	13	7	finance	finance	NOUN
fbem-15390	13	8	is	be	AUX
fbem-15390	13	9	seeing	see	VERB
fbem-15390	13	10	a	a	DET
fbem-15390	13	11	shift	shift	NOUN
fbem-15390	13	12	from	from	ADP
fbem-15390	13	13	basic	basic	ADJ
fbem-15390	13	14	digitization	digitization	NOUN
fbem-15390	13	15	to	to	ADP
fbem-15390	13	16	intelligence	intelligence	NOUN
fbem-15390	13	17	,	,	PUNCT
fbem-15390	13	18	representing	represent	VERB
fbem-15390	13	19	an	an	DET
fbem-15390	13	20	unavoidable	unavoidable	ADJ
fbem-15390	13	21	trajectory	trajectory	NOUN
fbem-15390	13	22	for	for	ADP
fbem-15390	13	23	the	the	DET
fbem-15390	13	24	future	future	ADJ
fbem-15390	13	25	advancement	advancement	NOUN
fbem-15390	13	26	of	of	ADP
fbem-15390	13	27	digital	digital	ADJ
fbem-15390	13	28	finance	finance	NOUN
fbem-15390	13	29	.	.	PUNCT
fbem-15390	14	1	the	the	DET
fbem-15390	14	2	increasing	increase	VERB
fbem-15390	14	3	significance	significance	NOUN
fbem-15390	14	4	of	of	ADP
fbem-15390	14	5	the	the	DET
fbem-15390	14	6	digital	digital	ADJ
fbem-15390	14	7	economy	economy	NOUN
fbem-15390	14	8	in	in	ADP
fbem-15390	14	9	global	global	ADJ
fbem-15390	14	10	economic	economic	ADJ
fbem-15390	14	11	restructuring	restructuring	NOUN
fbem-15390	14	12	has	have	AUX
fbem-15390	14	13	led	lead	VERB
fbem-15390	14	14	to	to	ADP
fbem-15390	14	15	a	a	DET
fbem-15390	14	16	growing	grow	VERB
fbem-15390	14	17	focus	focus	NOUN
fbem-15390	14	18	on	on	ADP
fbem-15390	14	19	the	the	DET
fbem-15390	14	20	advancement	advancement	NOUN
fbem-15390	14	21	of	of	ADP
fbem-15390	14	22	digital	digital	ADJ
fbem-15390	14	23	finance	finance	NOUN
fbem-15390	14	24	.	.	PUNCT
fbem-15390	15	1	the	the	DET
fbem-15390	15	2	financial	financial	ADJ
fbem-15390	15	3	technology	technology	PROPN
fbem-15390	15	4	development	development	NOUN
fbem-15390	15	5	plan	plan	NOUN
fbem-15390	15	6	(	(	PUNCT
fbem-15390	15	7	2022	2022	NUM
fbem-15390	15	8	-	-	SYM
fbem-15390	15	9	2025	2025	NUM
fbem-15390	15	10	)	)	PUNCT
fbem-15390	15	11	and	and	CCONJ
fbem-15390	15	12	the	the	DET
fbem-15390	15	13	guiding	guide	VERB
fbem-15390	15	14	opinions	opinion	NOUN
fbem-15390	15	15	of	of	ADP
fbem-15390	15	16	the	the	DET
fbem-15390	15	17	general	general	ADJ
fbem-15390	15	18	office	office	NOUN
fbem-15390	15	19	of	of	ADP
fbem-15390	15	20	the	the	DET
fbem-15390	15	21	china	china	PROPN
fbem-15390	15	22	banking	banking	PROPN
fbem-15390	15	23	and	and	CCONJ
fbem-15390	15	24	insurance	insurance	NOUN
fbem-15390	15	25	regulatory	regulatory	ADJ
fbem-15390	15	26	commission	commission	NOUN
fbem-15390	15	27	on	on	ADP
fbem-15390	15	28	the	the	DET
fbem-15390	15	29	digital	digital	ADJ
fbem-15390	15	30	transformation	transformation	NOUN
fbem-15390	15	31	of	of	ADP
fbem-15390	15	32	the	the	DET
fbem-15390	15	33	banking	banking	NOUN
fbem-15390	15	34	and	and	CCONJ
fbem-15390	15	35	insurance	insurance	NOUN
fbem-15390	15	36	industry	industry	NOUN
fbem-15390	15	37	,	,	PUNCT
fbem-15390	15	38	jointly	jointly	ADV
fbem-15390	15	39	designed	design	VERB
fbem-15390	15	40	and	and	CCONJ
fbem-15390	15	41	issued	issue	VERB
fbem-15390	15	42	by	by	ADP
fbem-15390	15	43	the	the	DET
fbem-15390	15	44	people	people	NOUN
fbem-15390	15	45	's	's	PART
fbem-15390	15	46	bank	bank	PROPN
fbem-15390	15	47	of	of	ADP
fbem-15390	15	48	china	china	PROPN
fbem-15390	15	49	(	(	PUNCT
fbem-15390	15	50	pboc	pboc	NOUN
fbem-15390	15	51	)	)	PUNCT
fbem-15390	15	52	and	and	CCONJ
fbem-15390	15	53	the	the	DET
fbem-15390	15	54	china	china	PROPN
fbem-15390	15	55	banking	banking	PROPN
fbem-15390	15	56	and	and	CCONJ
fbem-15390	15	57	insurance	insurance	PROPN
fbem-15390	15	58	regulatory	regulatory	ADJ
fbem-15390	15	59	commission	commission	NOUN
fbem-15390	15	60	(	(	PUNCT
fbem-15390	15	61	cbirc	cbirc	NOUN
fbem-15390	15	62	)	)	PUNCT
fbem-15390	15	63	prior	prior	ADV
fbem-15390	15	64	to	to	ADP
fbem-15390	15	65	the	the	DET
fbem-15390	15	66	state	state	NOUN
fbem-15390	15	67	council	council	NOUN
fbem-15390	15	68	's	's	PART
fbem-15390	15	69	institutional	institutional	ADJ
fbem-15390	15	70	reform	reform	NOUN
fbem-15390	15	71	on	on	ADP
fbem-15390	15	72	10	10	NUM
fbem-15390	15	73	march	march	NOUN
fbem-15390	15	74	2023	2023	NUM
fbem-15390	15	75	,	,	PUNCT
fbem-15390	15	76	provide	provide	VERB
fbem-15390	15	77	clear	clear	ADJ
fbem-15390	15	78	definitions	definition	NOUN
fbem-15390	15	79	of	of	ADP
fbem-15390	15	80	the	the	DET
fbem-15390	15	81	general	general	ADJ
fbem-15390	15	82	concept	concept	NOUN
fbem-15390	15	83	,	,	PUNCT
fbem-15390	15	84	development	development	NOUN
fbem-15390	15	85	objectives	objective	NOUN
fbem-15390	15	86	,	,	PUNCT
fbem-15390	15	87	key	key	ADJ
fbem-15390	15	88	tasks	task	NOUN
fbem-15390	15	89	,	,	PUNCT
fbem-15390	15	90	and	and	CCONJ
fbem-15390	15	91	implementation	implementation	NOUN
fbem-15390	15	92	guarantees	guarantee	NOUN
fbem-15390	15	93	of	of	ADP
fbem-15390	15	94	digital	digital	ADJ
fbem-15390	15	95	financial	financial	ADJ
fbem-15390	15	96	transformation	transformation	NOUN
fbem-15390	15	97	.	.	PUNCT
fbem-15390	16	1	these	these	DET
fbem-15390	16	2	documents	document	NOUN
fbem-15390	16	3	were	be	AUX
fbem-15390	16	4	formulated	formulate	VERB
fbem-15390	16	5	in	in	ADP
fbem-15390	16	6	response	response	NOUN
fbem-15390	16	7	to	to	ADP
fbem-15390	16	8	the	the	DET
fbem-15390	16	9	risk	risk	NOUN
fbem-15390	16	10	characteristics	characteristic	NOUN
fbem-15390	16	11	associated	associate	VERB
fbem-15390	16	12	with	with	ADP
fbem-15390	16	13	the	the	DET
fbem-15390	16	14	digital	digital	ADJ
fbem-15390	16	15	transformation	transformation	NOUN
fbem-15390	16	16	of	of	ADP
fbem-15390	16	17	the	the	DET
fbem-15390	16	18	finance	finance	NOUN
fbem-15390	16	19	sector	sector	NOUN
fbem-15390	16	20	.	.	PUNCT
fbem-15390	17	1	the	the	DET
fbem-15390	17	2	objectives	objective	NOUN
fbem-15390	17	3	and	and	CCONJ
fbem-15390	17	4	assurances	assurance	NOUN
fbem-15390	17	5	of	of	ADP
fbem-15390	17	6	execution	execution	NOUN
fbem-15390	17	7	.	.	PUNCT
fbem-15390	18	1	digital	digital	ADJ
fbem-15390	18	2	finance	finance	NOUN
fbem-15390	18	3	has	have	VERB
fbem-15390	18	4	numerous	numerous	ADJ
fbem-15390	18	5	benefits	benefit	NOUN
fbem-15390	18	6	,	,	PUNCT
fbem-15390	18	7	including	include	VERB
fbem-15390	18	8	cost	cost	NOUN
fbem-15390	18	9	reduction	reduction	NOUN
fbem-15390	18	10	for	for	ADP
fbem-15390	18	11	businesses	business	NOUN
fbem-15390	18	12	and	and	CCONJ
fbem-15390	18	13	enhanced	enhance	VERB
fbem-15390	18	14	user	user	NOUN
fbem-15390	18	15	experience	experience	NOUN
fbem-15390	18	16	.	.	PUNCT
fbem-15390	19	1	moreover	moreover	ADV
fbem-15390	19	2	,	,	PUNCT
fbem-15390	19	3	it	it	PRON
fbem-15390	19	4	fosters	foster	VERB
fbem-15390	19	5	innovation	innovation	NOUN
fbem-15390	19	6	within	within	ADP
fbem-15390	19	7	the	the	DET
fbem-15390	19	8	financial	financial	ADJ
fbem-15390	19	9	services	service	NOUN
fbem-15390	19	10	sector	sector	NOUN
fbem-15390	19	11	,	,	PUNCT
fbem-15390	19	12	leading	lead	VERB
fbem-15390	19	13	to	to	ADP
fbem-15390	19	14	the	the	DET
fbem-15390	19	15	emergence	emergence	NOUN
fbem-15390	19	16	of	of	ADP
fbem-15390	19	17	novel	novel	ADJ
fbem-15390	19	18	financial	financial	ADJ
fbem-15390	19	19	service	service	NOUN
fbem-15390	19	20	models	model	NOUN
fbem-15390	19	21	like	like	ADP
fbem-15390	19	22	"	"	PUNCT
fbem-15390	19	23	ant	ant	ADJ
fbem-15390	19	24	credit	credit	NOUN
fbem-15390	19	25	pay	pay	NOUN
fbem-15390	19	26	"	"	PUNCT
fbem-15390	19	27	and	and	CCONJ
fbem-15390	19	28	"	"	PUNCT
fbem-15390	19	29	loans	loan	NOUN
fbem-15390	19	30	"	"	PUNCT
fbem-15390	19	31	.	.	PUNCT
fbem-15390	20	1	nevertheless	nevertheless	ADV
fbem-15390	20	2	,	,	PUNCT
fbem-15390	20	3	the	the	DET
fbem-15390	20	4	progress	progress	NOUN
fbem-15390	20	5	of	of	ADP
fbem-15390	20	6	digital	digital	ADJ
fbem-15390	20	7	banking	banking	NOUN
fbem-15390	20	8	is	be	AUX
fbem-15390	20	9	hindered	hinder	VERB
fbem-15390	20	10	by	by	ADP
fbem-15390	20	11	other	other	ADJ
fbem-15390	20	12	challenges	challenge	NOUN
fbem-15390	20	13	,	,	PUNCT
fbem-15390	20	14	including	include	VERB
fbem-15390	20	15	the	the	DET
fbem-15390	20	16	swift	swift	ADJ
fbem-15390	20	17	transmission	transmission	NOUN
fbem-15390	20	18	and	and	CCONJ
fbem-15390	20	19	growth	growth	NOUN
fbem-15390	20	20	of	of	ADP
fbem-15390	20	21	risks	risk	NOUN
fbem-15390	20	22	,	,	PUNCT
fbem-15390	20	23	inadequate	inadequate	ADJ
fbem-15390	20	24	capacity	capacity	NOUN
fbem-15390	20	25	for	for	ADP
fbem-15390	20	26	data	data	NOUN
fbem-15390	20	27	security	security	NOUN
fbem-15390	20	28	,	,	PUNCT
fbem-15390	20	29	and	and	CCONJ
fbem-15390	20	30	complex	complex	ADJ
fbem-15390	20	31	market	market	NOUN
fbem-15390	20	32	regulation	regulation	NOUN
fbem-15390	20	33	.	.	PUNCT
fbem-15390	21	1	this	this	DET
fbem-15390	21	2	paper	paper	NOUN
fbem-15390	21	3	aims	aim	VERB
fbem-15390	21	4	to	to	PART
fbem-15390	21	5	examine	examine	VERB
fbem-15390	21	6	the	the	DET
fbem-15390	21	7	challenges	challenge	NOUN
fbem-15390	21	8	faced	face	VERB
fbem-15390	21	9	by	by	ADP
fbem-15390	21	10	digital	digital	ADJ
fbem-15390	21	11	finance	finance	NOUN
fbem-15390	21	12	in	in	ADP
fbem-15390	21	13	managing	manage	VERB
fbem-15390	21	14	risks	risk	NOUN
fbem-15390	21	15	during	during	ADP
fbem-15390	21	16	the	the	DET
fbem-15390	21	17	development	development	NOUN
fbem-15390	21	18	of	of	ADP
fbem-15390	21	19	the	the	DET
fbem-15390	21	20	digital	digital	ADJ
fbem-15390	21	21	economy	economy	NOUN
fbem-15390	21	22	era	era	NOUN
fbem-15390	21	23	.	.	PUNCT
fbem-15390	22	1	it	it	PRON
fbem-15390	22	2	proposes	propose	VERB
fbem-15390	22	3	recommendations	recommendation	NOUN
fbem-15390	22	4	to	to	PART
fbem-15390	22	5	address	address	VERB
fbem-15390	22	6	these	these	DET
fbem-15390	22	7	challenges	challenge	NOUN
fbem-15390	22	8	,	,	PUNCT
fbem-15390	22	9	including	include	VERB
fbem-15390	22	10	expediting	expedite	VERB
fbem-15390	22	11	the	the	DET
fbem-15390	22	12	establishment	establishment	NOUN
fbem-15390	22	13	of	of	ADP
fbem-15390	22	14	an	an	DET
fbem-15390	22	15	intelligent	intelligent	ADJ
fbem-15390	22	16	risk	risk	NOUN
fbem-15390	22	17	management	management	NOUN
fbem-15390	22	18	system	system	NOUN
fbem-15390	22	19	,	,	PUNCT
fbem-15390	22	20	ensuring	ensure	VERB
fbem-15390	22	21	data	datum	NOUN
fbem-15390	22	22	security	security	NOUN
fbem-15390	22	23	and	and	CCONJ
fbem-15390	22	24	fostering	foster	VERB
fbem-15390	22	25	a	a	DET
fbem-15390	22	26	compliant	compliant	ADJ
fbem-15390	22	27	legal	legal	ADJ
fbem-15390	22	28	environment	environment	NOUN
fbem-15390	22	29	.	.	PUNCT
fbem-15390	23	1	additionally	additionally	ADV
fbem-15390	23	2	,	,	PUNCT
fbem-15390	23	3	it	it	PRON
fbem-15390	23	4	suggests	suggest	VERB
fbem-15390	23	5	the	the	DET
fbem-15390	23	6	implementation	implementation	NOUN
fbem-15390	23	7	of	of	ADP
fbem-15390	23	8	a	a	DET
fbem-15390	23	9	market	market	NOUN
fbem-15390	23	10	supervision	supervision	NOUN
fbem-15390	23	11	system	system	NOUN
fbem-15390	23	12	to	to	PART
fbem-15390	23	13	effectively	effectively	ADV
fbem-15390	23	14	mitigate	mitigate	VERB
fbem-15390	23	15	and	and	CCONJ
fbem-15390	23	16	control	control	VERB
fbem-15390	23	17	the	the	DET
fbem-15390	23	18	risks	risk	NOUN
fbem-15390	23	19	associated	associate	VERB
fbem-15390	23	20	with	with	ADP
fbem-15390	23	21	digital	digital	ADJ
fbem-15390	23	22	finance	finance	NOUN
fbem-15390	23	23	,	,	PUNCT
fbem-15390	23	24	thereby	thereby	ADV
fbem-15390	23	25	fostering	foster	VERB
fbem-15390	23	26	the	the	DET
fbem-15390	23	27	sustainable	sustainable	ADJ
fbem-15390	23	28	growth	growth	NOUN
fbem-15390	23	29	of	of	ADP
fbem-15390	23	30	the	the	DET
fbem-15390	23	31	digital	digital	ADJ
fbem-15390	23	32	finance	finance	NOUN
fbem-15390	23	33	industry	industry	NOUN
fbem-15390	23	34	.	.	PUNCT
fbem-15390	24	1	on	on	ADP
fbem-15390	24	2	the	the	DET
fbem-15390	24	3	occasion	occasion	NOUN
fbem-15390	24	4	of	of	ADP
fbem-15390	24	5	the	the	DET
fbem-15390	24	6	30th	30th	ADJ
fbem-15390	24	7	anniversary	anniversary	NOUN
fbem-15390	24	8	of	of	ADP
fbem-15390	24	9	the	the	DET
fbem-15390	24	10	establishment	establishment	NOUN
fbem-15390	24	11	of	of	ADP
fbem-15390	24	12	a	a	DET
fbem-15390	24	13	special	special	ADJ
fbem-15390	24	14	economic	economic	ADJ
fbem-15390	24	15	zone	zone	NOUN
fbem-15390	24	16	in	in	ADP
fbem-15390	24	17	hainan	hainan	PROPN
fbem-15390	24	18	,	,	PUNCT
fbem-15390	24	19	general	general	ADJ
fbem-15390	24	20	secretary	secretary	NOUN
fbem-15390	24	21	xi	xi	PROPN
fbem-15390	24	22	jinping	jinpe	VERB
fbem-15390	24	23	delivered	deliver	VERB
fbem-15390	24	24	a	a	DET
fbem-15390	24	25	significant	significant	ADJ
fbem-15390	24	26	address	address	NOUN
fbem-15390	24	27	.	.	PUNCT
fbem-15390	25	1	he	he	PRON
fbem-15390	25	2	highlighted	highlight	VERB
fbem-15390	25	3	the	the	DET
fbem-15390	25	4	decision	decision	NOUN
fbem-15390	25	5	made	make	VERB
fbem-15390	25	6	by	by	ADP
fbem-15390	25	7	the	the	DET
fbem-15390	25	8	cpc	cpc	PROPN
fbem-15390	25	9	central	central	PROPN
fbem-15390	25	10	committee	committee	PROPN
fbem-15390	25	11	to	to	PART
fbem-15390	25	12	endorse	endorse	VERB
fbem-15390	25	13	the	the	DET
fbem-15390	25	14	development	development	NOUN
fbem-15390	25	15	of	of	ADP
fbem-15390	25	16	a	a	DET
fbem-15390	25	17	pilot	pilot	NOUN
fbem-15390	25	18	free	free	ADJ
fbem-15390	25	19	trade	trade	NOUN
fbem-15390	25	20	zone	zone	NOUN
fbem-15390	25	21	encompassing	encompass	VERB
fbem-15390	25	22	the	the	DET
fbem-15390	25	23	entire	entire	ADJ
fbem-15390	25	24	island	island	NOUN
fbem-15390	25	25	of	of	ADP
fbem-15390	25	26	hainan	hainan	PROPN
fbem-15390	25	27	.	.	PUNCT
fbem-15390	26	1	additionally	additionally	ADV
fbem-15390	26	2	,	,	PUNCT
fbem-15390	26	3	the	the	DET
fbem-15390	26	4	committee	committee	NOUN
fbem-15390	26	5	expressed	express	VERB
fbem-15390	26	6	its	its	PRON
fbem-15390	26	7	support	support	NOUN
fbem-15390	26	8	for	for	ADP
fbem-15390	26	9	hainan	hainan	PROPN
fbem-15390	26	10	's	's	PART
fbem-15390	26	11	gradual	gradual	ADJ
fbem-15390	26	12	exploration	exploration	NOUN
fbem-15390	26	13	and	and	CCONJ
fbem-15390	26	14	steady	steady	ADJ
fbem-15390	26	15	advancement	advancement	NOUN
fbem-15390	26	16	in	in	ADP
fbem-15390	26	17	constructing	construct	VERB
fbem-15390	26	18	a	a	DET
fbem-15390	26	19	free	free	ADJ
fbem-15390	26	20	trade	trade	NOUN
fbem-15390	26	21	port	port	NOUN
fbem-15390	26	22	that	that	PRON
fbem-15390	26	23	embodies	embody	VERB
fbem-15390	26	24	distinctive	distinctive	ADJ
fbem-15390	26	25	chinese	chinese	ADJ
fbem-15390	26	26	characteristics	characteristic	NOUN
fbem-15390	26	27	.	.	PUNCT
fbem-15390	27	1	the	the	DET
fbem-15390	27	2	establishment	establishment	NOUN
fbem-15390	27	3	of	of	ADP
fbem-15390	27	4	a	a	DET
fbem-15390	27	5	policy	policy	NOUN
fbem-15390	27	6	and	and	CCONJ
fbem-15390	27	7	institutional	institutional	ADJ
fbem-15390	27	8	framework	framework	NOUN
fbem-15390	27	9	for	for	ADP
fbem-15390	27	10	the	the	DET
fbem-15390	27	11	free	free	ADJ
fbem-15390	27	12	trade	trade	NOUN
fbem-15390	27	13	port	port	NOUN
fbem-15390	27	14	will	will	AUX
fbem-15390	27	15	be	be	AUX
fbem-15390	27	16	implemented	implement	VERB
fbem-15390	27	17	in	in	ADP
fbem-15390	27	18	a	a	DET
fbem-15390	27	19	systematic	systematic	ADJ
fbem-15390	27	20	and	and	CCONJ
fbem-15390	27	21	phased	phase	VERB
fbem-15390	27	22	manner.the	manner.the	DET
fbem-15390	27	23	"	"	PUNCT
fbem-15390	27	24	overall	overall	ADJ
fbem-15390	27	25	programme	programme	NOUN
fbem-15390	27	26	for	for	ADP
fbem-15390	27	27	the	the	DET
fbem-15390	27	28	construction	construction	NOUN
fbem-15390	27	29	of	of	ADP
fbem-15390	27	30	a	a	DET
fbem-15390	27	31	free	free	ADJ
fbem-15390	27	32	trade	trade	NOUN
fbem-15390	27	33	port	port	NOUN
fbem-15390	27	34	in	in	ADP
fbem-15390	27	35	hainan	hainan	PROPN
fbem-15390	27	36	,	,	PUNCT
fbem-15390	27	37	"	"	PUNCT
fbem-15390	27	38	announced	announce	VERB
fbem-15390	27	39	on	on	ADP
fbem-15390	27	40	june	june	PROPN
fbem-15390	27	41	1	1	NUM
fbem-15390	27	42	,	,	PUNCT
fbem-15390	27	43	2020	2020	NUM
fbem-15390	27	44	,	,	PUNCT
fbem-15390	27	45	has	have	AUX
fbem-15390	27	46	established	establish	VERB
fbem-15390	27	47	a	a	DET
fbem-15390	27	48	comprehensive	comprehensive	ADJ
fbem-15390	27	49	schedule	schedule	NOUN
fbem-15390	27	50	and	and	CCONJ
fbem-15390	27	51	plan	plan	NOUN
fbem-15390	27	52	for	for	ADP
fbem-15390	27	53	the	the	DET
fbem-15390	27	54	development	development	NOUN
fbem-15390	27	55	of	of	ADP
fbem-15390	27	56	hainan	hainan	PROPN
fbem-15390	27	57	's	's	PART
fbem-15390	27	58	free	free	ADJ
fbem-15390	27	59	trade	trade	NOUN
fbem-15390	27	60	port	port	NOUN
fbem-15390	27	61	.	.	PUNCT
fbem-15390	28	1	this	this	PRON
fbem-15390	28	2	signifies	signify	VERB
fbem-15390	28	3	the	the	DET
fbem-15390	28	4	transition	transition	NOUN
fbem-15390	28	5	of	of	ADP
fbem-15390	28	6	hainan	hainan	PROPN
fbem-15390	28	7	's	's	PART
fbem-15390	28	8	efforts	effort	NOUN
fbem-15390	28	9	in	in	ADP
fbem-15390	28	10	constructing	construct	VERB
fbem-15390	28	11	a	a	DET
fbem-15390	28	12	free	free	ADJ
fbem-15390	28	13	trade	trade	NOUN
fbem-15390	28	14	port	port	NOUN
fbem-15390	28	15	with	with	ADP
fbem-15390	28	16	distinct	distinct	ADJ
fbem-15390	28	17	chinese	chinese	ADJ
fbem-15390	28	18	characteristics	characteristic	NOUN
fbem-15390	28	19	into	into	ADP
fbem-15390	28	20	the	the	DET
fbem-15390	28	21	stage	stage	NOUN
fbem-15390	28	22	of	of	ADP
fbem-15390	28	23	complete	complete	ADJ
fbem-15390	28	24	implementation	implementation	NOUN
fbem-15390	28	25	.	.	PUNCT
fbem-15390	29	1	the	the	DET
fbem-15390	29	2	hainan	hainan	PROPN
fbem-15390	29	3	free	free	PROPN
fbem-15390	29	4	trade	trade	PROPN
fbem-15390	29	5	port	port	NOUN
fbem-15390	29	6	,	,	PUNCT
fbem-15390	29	7	being	be	AUX
fbem-15390	29	8	a	a	DET
fbem-15390	29	9	special	special	ADJ
fbem-15390	29	10	economic	economic	ADJ
fbem-15390	29	11	region	region	NOUN
fbem-15390	29	12	characterised	characterise	VERB
fbem-15390	29	13	by	by	ADP
fbem-15390	29	14	a	a	DET
fbem-15390	29	15	significant	significant	ADJ
fbem-15390	29	16	level	level	NOUN
fbem-15390	29	17	of	of	ADP
fbem-15390	29	18	openness	openness	NOUN
fbem-15390	29	19	,	,	PUNCT
fbem-15390	29	20	holds	hold	VERB
fbem-15390	29	21	a	a	DET
fbem-15390	29	22	prominent	prominent	ADJ
fbem-15390	29	23	position	position	NOUN
fbem-15390	29	24	in	in	ADP
fbem-15390	29	25	china	china	PROPN
fbem-15390	29	26	's	's	PART
fbem-15390	29	27	financial	financial	ADJ
fbem-15390	29	28	landscape	landscape	NOUN
fbem-15390	29	29	.	.	PUNCT
fbem-15390	30	1	its	its	PRON
fbem-15390	30	2	exceptional	exceptional	ADJ
fbem-15390	30	3	degree	degree	NOUN
fbem-15390	30	4	of	of	ADP
fbem-15390	30	5	capital	capital	NOUN
fbem-15390	30	6	flow	flow	NOUN
fbem-15390	30	7	facilitation	facilitation	NOUN
fbem-15390	30	8	and	and	CCONJ
fbem-15390	30	9	financial	financial	ADJ
fbem-15390	30	10	innovations	innovation	NOUN
fbem-15390	30	11	have	have	VERB
fbem-15390	30	12	the	the	DET
fbem-15390	30	13	potential	potential	NOUN
fbem-15390	30	14	to	to	PART
fbem-15390	30	15	impact	impact	VERB
fbem-15390	30	16	the	the	DET
fbem-15390	30	17	stability	stability	NOUN
fbem-15390	30	18	of	of	ADP
fbem-15390	30	19	the	the	DET
fbem-15390	30	20	free	free	ADJ
fbem-15390	30	21	trade	trade	NOUN
fbem-15390	30	22	port	port	NOUN
fbem-15390	30	23	's	's	PART
fbem-15390	30	24	financial	financial	ADJ
fbem-15390	30	25	system	system	NOUN
fbem-15390	30	26	in	in	ADP
fbem-15390	30	27	the	the	DET
fbem-15390	30	28	face	face	NOUN
fbem-15390	30	29	of	of	ADP
fbem-15390	30	30	various	various	ADJ
fbem-15390	30	31	risks	risk	NOUN
fbem-15390	30	32	.	.	PUNCT
fbem-15390	31	1	when	when	SCONJ
fbem-15390	31	2	designing	design	VERB
fbem-15390	31	3	the	the	DET
fbem-15390	31	4	financial	financial	ADJ
fbem-15390	31	5	system	system	NOUN
fbem-15390	31	6	of	of	ADP
fbem-15390	31	7	120	120	NUM
fbem-15390	31	8	hainan	hainan	PROPN
fbem-15390	31	9	free	free	PROPN
fbem-15390	31	10	trade	trade	PROPN
fbem-15390	31	11	port	port	NOUN
fbem-15390	31	12	,	,	PUNCT
fbem-15390	31	13	it	it	PRON
fbem-15390	31	14	is	be	AUX
fbem-15390	31	15	crucial	crucial	ADJ
fbem-15390	31	16	to	to	PART
fbem-15390	31	17	recognise	recognise	VERB
fbem-15390	31	18	the	the	DET
fbem-15390	31	19	significance	significance	NOUN
fbem-15390	31	20	of	of	ADP
fbem-15390	31	21	responsibly	responsibly	ADV
fbem-15390	31	22	mitigating	mitigate	VERB
fbem-15390	31	23	various	various	ADJ
fbem-15390	31	24	risks	risk	NOUN
fbem-15390	31	25	,	,	PUNCT
fbem-15390	31	26	establishing	establish	VERB
fbem-15390	31	27	a	a	DET
fbem-15390	31	28	comprehensive	comprehensive	ADJ
fbem-15390	31	29	risk	risk	NOUN
fbem-15390	31	30	prevention	prevention	NOUN
fbem-15390	31	31	and	and	CCONJ
fbem-15390	31	32	control	control	NOUN
fbem-15390	31	33	framework	framework	NOUN
fbem-15390	31	34	,	,	PUNCT
fbem-15390	31	35	and	and	CCONJ
fbem-15390	31	36	safeguarding	safeguard	VERB
fbem-15390	31	37	the	the	DET
fbem-15390	31	38	financial	financial	ADJ
fbem-15390	31	39	stability	stability	NOUN
fbem-15390	31	40	of	of	ADP
fbem-15390	31	41	hainan	hainan	PROPN
fbem-15390	31	42	free	free	PROPN
fbem-15390	31	43	trade	trade	NOUN
fbem-15390	31	44	port	port	NOUN
fbem-15390	31	45	.	.	PUNCT
fbem-15390	32	1	the	the	DET
fbem-15390	32	2	examination	examination	NOUN
fbem-15390	32	3	of	of	ADP
fbem-15390	32	4	the	the	DET
fbem-15390	32	5	financial	financial	ADJ
fbem-15390	32	6	stability	stability	NOUN
fbem-15390	32	7	of	of	ADP
fbem-15390	32	8	the	the	DET
fbem-15390	32	9	hainan	hainan	PROPN
fbem-15390	32	10	free	free	PROPN
fbem-15390	32	11	trade	trade	PROPN
fbem-15390	32	12	port	port	NOUN
fbem-15390	32	13	in	in	ADP
fbem-15390	32	14	relation	relation	NOUN
fbem-15390	32	15	to	to	ADP
fbem-15390	32	16	the	the	DET
fbem-15390	32	17	advancement	advancement	NOUN
fbem-15390	32	18	of	of	ADP
fbem-15390	32	19	the	the	DET
fbem-15390	32	20	digital	digital	ADJ
fbem-15390	32	21	economy	economy	NOUN
fbem-15390	32	22	has	have	VERB
fbem-15390	32	23	the	the	DET
fbem-15390	32	24	potential	potential	NOUN
fbem-15390	32	25	to	to	PART
fbem-15390	32	26	uphold	uphold	VERB
fbem-15390	32	27	the	the	DET
fbem-15390	32	28	steadiness	steadiness	NOUN
fbem-15390	32	29	of	of	ADP
fbem-15390	32	30	the	the	DET
fbem-15390	32	31	domestic	domestic	ADJ
fbem-15390	32	32	economy	economy	NOUN
fbem-15390	32	33	and	and	CCONJ
fbem-15390	32	34	facilitate	facilitate	VERB
fbem-15390	32	35	the	the	DET
fbem-15390	32	36	efficient	efficient	ADJ
fbem-15390	32	37	and	and	CCONJ
fbem-15390	32	38	expeditious	expeditious	ADJ
fbem-15390	32	39	growth	growth	NOUN
fbem-15390	32	40	of	of	ADP
fbem-15390	32	41	china	china	PROPN
fbem-15390	32	42	's	's	PART
fbem-15390	32	43	economy	economy	NOUN
fbem-15390	32	44	during	during	ADP
fbem-15390	32	45	the	the	DET
fbem-15390	32	46	course	course	NOUN
fbem-15390	32	47	of	of	ADP
fbem-15390	32	48	its	its	PRON
fbem-15390	32	49	liberalisation	liberalisation	NOUN
fbem-15390	32	50	and	and	CCONJ
fbem-15390	32	51	transition	transition	NOUN
fbem-15390	32	52	.	.	PUNCT
fbem-15390	33	1	2	2	X
fbem-15390	33	2	.	.	X
fbem-15390	33	3	literature	literature	NOUN
fbem-15390	33	4	review	review	VERB
fbem-15390	33	5	2.1	2.1	NUM
fbem-15390	33	6	.	.	PUNCT
fbem-15390	34	1	current	current	ADJ
fbem-15390	34	2	status	status	NOUN
fbem-15390	34	3	and	and	CCONJ
fbem-15390	34	4	trends	trend	NOUN
fbem-15390	34	5	in	in	ADP
fbem-15390	34	6	digital	digital	ADJ
fbem-15390	34	7	finance	finance	NOUN
fbem-15390	34	8	the	the	DET
fbem-15390	34	9	pace	pace	NOUN
fbem-15390	34	10	of	of	ADP
fbem-15390	34	11	technological	technological	ADJ
fbem-15390	34	12	advancements	advancement	NOUN
fbem-15390	34	13	has	have	AUX
fbem-15390	34	14	facilitated	facilitate	VERB
fbem-15390	34	15	the	the	DET
fbem-15390	34	16	rapid	rapid	ADJ
fbem-15390	34	17	progression	progression	NOUN
fbem-15390	34	18	of	of	ADP
fbem-15390	34	19	digital	digital	ADJ
fbem-15390	34	20	finance	finance	NOUN
fbem-15390	34	21	.	.	PUNCT
fbem-15390	35	1	the	the	DET
fbem-15390	35	2	evolution	evolution	NOUN
fbem-15390	35	3	of	of	ADP
fbem-15390	35	4	digital	digital	ADJ
fbem-15390	35	5	finance	finance	NOUN
fbem-15390	35	6	is	be	AUX
fbem-15390	35	7	characterised	characterise	VERB
fbem-15390	35	8	by	by	ADP
fbem-15390	35	9	three	three	NUM
fbem-15390	35	10	key	key	ADJ
fbem-15390	35	11	elements	element	NOUN
fbem-15390	35	12	:	:	PUNCT
fbem-15390	35	13	digitalisation	digitalisation	NOUN
fbem-15390	35	14	,	,	PUNCT
fbem-15390	35	15	universality	universality	NOUN
fbem-15390	35	16	,	,	PUNCT
fbem-15390	35	17	and	and	CCONJ
fbem-15390	35	18	innovation	innovation	NOUN
fbem-15390	35	19	.	.	PUNCT
fbem-15390	36	1	the	the	DET
fbem-15390	36	2	future	future	ADJ
fbem-15390	36	3	trajectory	trajectory	NOUN
fbem-15390	36	4	of	of	ADP
fbem-15390	36	5	digital	digital	ADJ
fbem-15390	36	6	finance	finance	NOUN
fbem-15390	36	7	will	will	AUX
fbem-15390	36	8	likely	likely	ADV
fbem-15390	36	9	exhibit	exhibit	VERB
fbem-15390	36	10	advancements	advancement	NOUN
fbem-15390	36	11	in	in	ADP
fbem-15390	36	12	speed	speed	NOUN
fbem-15390	36	13	,	,	PUNCT
fbem-15390	36	14	security	security	NOUN
fbem-15390	36	15	,	,	PUNCT
fbem-15390	36	16	intelligence	intelligence	NOUN
fbem-15390	36	17	,	,	PUNCT
fbem-15390	36	18	and	and	CCONJ
fbem-15390	36	19	convenience	convenience	NOUN
fbem-15390	36	20	.	.	PUNCT
fbem-15390	37	1	these	these	DET
fbem-15390	37	2	advancements	advancement	NOUN
fbem-15390	37	3	can	can	AUX
fbem-15390	37	4	be	be	AUX
fbem-15390	37	5	mostly	mostly	ADV
fbem-15390	37	6	observed	observe	VERB
fbem-15390	37	7	in	in	ADP
fbem-15390	37	8	the	the	DET
fbem-15390	37	9	following	follow	VERB
fbem-15390	37	10	areas	area	NOUN
fbem-15390	37	11	.	.	PUNCT
fbem-15390	38	1	2.1.1	2.1.1	X
fbem-15390	38	2	.	.	X
fbem-15390	38	3	increasing	increase	VERB
fbem-15390	38	4	networking	network	VERB
fbem-15390	38	5	the	the	DET
fbem-15390	38	6	future	future	ADJ
fbem-15390	38	7	trajectory	trajectory	NOUN
fbem-15390	38	8	of	of	ADP
fbem-15390	38	9	digital	digital	ADJ
fbem-15390	38	10	finance	finance	NOUN
fbem-15390	38	11	is	be	AUX
fbem-15390	38	12	anticipated	anticipate	VERB
fbem-15390	38	13	to	to	PART
fbem-15390	38	14	progress	progress	VERB
fbem-15390	38	15	towards	towards	ADP
fbem-15390	38	16	comprehensive	comprehensive	ADJ
fbem-15390	38	17	,	,	PUNCT
fbem-15390	38	18	rapid	rapid	ADJ
fbem-15390	38	19	,	,	PUNCT
fbem-15390	38	20	and	and	CCONJ
fbem-15390	38	21	highly	highly	ADV
fbem-15390	38	22	intelligent	intelligent	ADJ
fbem-15390	38	23	networking	networking	NOUN
fbem-15390	38	24	.	.	PUNCT
fbem-15390	39	1	this	this	DET
fbem-15390	39	2	advancement	advancement	NOUN
fbem-15390	39	3	will	will	AUX
fbem-15390	39	4	involve	involve	VERB
fbem-15390	39	5	the	the	DET
fbem-15390	39	6	widespread	widespread	ADJ
fbem-15390	39	7	adoption	adoption	NOUN
fbem-15390	39	8	of	of	ADP
fbem-15390	39	9	technologies	technology	NOUN
fbem-15390	39	10	such	such	ADJ
fbem-15390	39	11	as	as	ADP
fbem-15390	39	12	internet	internet	NOUN
fbem-15390	39	13	finance	finance	NOUN
fbem-15390	39	14	,	,	PUNCT
fbem-15390	39	15	mobile	mobile	ADJ
fbem-15390	39	16	payment	payment	NOUN
fbem-15390	39	17	,	,	PUNCT
fbem-15390	39	18	and	and	CCONJ
fbem-15390	39	19	blockchain	blockchain	PROPN
fbem-15390	39	20	.	.	PUNCT
fbem-15390	40	1	firstly	firstly	ADV
fbem-15390	40	2	,	,	PUNCT
fbem-15390	40	3	the	the	DET
fbem-15390	40	4	increasing	increase	VERB
fbem-15390	40	5	popularity	popularity	NOUN
fbem-15390	40	6	of	of	ADP
fbem-15390	40	7	smartphones	smartphone	NOUN
fbem-15390	40	8	and	and	CCONJ
fbem-15390	40	9	the	the	DET
fbem-15390	40	10	continuous	continuous	ADJ
fbem-15390	40	11	advancements	advancement	NOUN
fbem-15390	40	12	in	in	ADP
fbem-15390	40	13	mobile	mobile	ADJ
fbem-15390	40	14	payment	payment	NOUN
fbem-15390	40	15	technology	technology	NOUN
fbem-15390	40	16	have	have	AUX
fbem-15390	40	17	led	lead	VERB
fbem-15390	40	18	to	to	ADP
fbem-15390	40	19	a	a	DET
fbem-15390	40	20	growing	grow	VERB
fbem-15390	40	21	adoption	adoption	NOUN
fbem-15390	40	22	of	of	ADP
fbem-15390	40	23	mobile	mobile	ADJ
fbem-15390	40	24	payment	payment	NOUN
fbem-15390	40	25	for	for	ADP
fbem-15390	40	26	consumer	consumer	NOUN
fbem-15390	40	27	transactions	transaction	NOUN
fbem-15390	40	28	.	.	PUNCT
fbem-15390	41	1	the	the	DET
fbem-15390	41	2	convenience	convenience	NOUN
fbem-15390	41	3	and	and	CCONJ
fbem-15390	41	4	security	security	NOUN
fbem-15390	41	5	offered	offer	VERB
fbem-15390	41	6	by	by	ADP
fbem-15390	41	7	mobile	mobile	ADJ
fbem-15390	41	8	payment	payment	NOUN
fbem-15390	41	9	systems	system	NOUN
fbem-15390	41	10	are	be	AUX
fbem-15390	41	11	expected	expect	VERB
fbem-15390	41	12	to	to	PART
fbem-15390	41	13	have	have	VERB
fbem-15390	41	14	a	a	DET
fbem-15390	41	15	positive	positive	ADJ
fbem-15390	41	16	impact	impact	NOUN
fbem-15390	41	17	on	on	ADP
fbem-15390	41	18	the	the	DET
fbem-15390	41	19	development	development	NOUN
fbem-15390	41	20	of	of	ADP
fbem-15390	41	21	digital	digital	ADJ
fbem-15390	41	22	finance	finance	NOUN
fbem-15390	41	23	.	.	PUNCT
fbem-15390	42	1	secondly	secondly	ADV
fbem-15390	42	2	,	,	PUNCT
fbem-15390	42	3	blockchain	blockchain	PROPN
fbem-15390	42	4	technology	technology	PROPN
fbem-15390	42	5	,	,	PUNCT
fbem-15390	42	6	known	know	VERB
fbem-15390	42	7	for	for	ADP
fbem-15390	42	8	its	its	PRON
fbem-15390	42	9	decentralised	decentralise	VERB
fbem-15390	42	10	nature	nature	NOUN
fbem-15390	42	11	and	and	CCONJ
fbem-15390	42	12	its	its	PRON
fbem-15390	42	13	ability	ability	NOUN
fbem-15390	42	14	to	to	PART
fbem-15390	42	15	provide	provide	VERB
fbem-15390	42	16	tamper	tamper	NOUN
fbem-15390	42	17	-	-	NOUN
fbem-15390	42	18	proof	proof	ADJ
fbem-15390	42	19	and	and	CCONJ
fbem-15390	42	20	secure	secure	ADJ
fbem-15390	42	21	transactions	transaction	NOUN
fbem-15390	42	22	,	,	PUNCT
fbem-15390	42	23	holds	hold	VERB
fbem-15390	42	24	significant	significant	ADJ
fbem-15390	42	25	potential	potential	NOUN
fbem-15390	42	26	in	in	ADP
fbem-15390	42	27	the	the	DET
fbem-15390	42	28	realm	realm	NOUN
fbem-15390	42	29	of	of	ADP
fbem-15390	42	30	digital	digital	ADJ
fbem-15390	42	31	finance	finance	NOUN
fbem-15390	42	32	.	.	PUNCT
fbem-15390	43	1	it	it	PRON
fbem-15390	43	2	can	can	AUX
fbem-15390	43	3	be	be	AUX
fbem-15390	43	4	applied	apply	VERB
fbem-15390	43	5	in	in	ADP
fbem-15390	43	6	various	various	ADJ
fbem-15390	43	7	areas	area	NOUN
fbem-15390	43	8	,	,	PUNCT
fbem-15390	43	9	including	include	VERB
fbem-15390	43	10	the	the	DET
fbem-15390	43	11	issuance	issuance	NOUN
fbem-15390	43	12	of	of	ADP
fbem-15390	43	13	digital	digital	ADJ
fbem-15390	43	14	currencies	currency	NOUN
fbem-15390	43	15	,	,	PUNCT
fbem-15390	43	16	financial	financial	ADJ
fbem-15390	43	17	transactions	transaction	NOUN
fbem-15390	43	18	,	,	PUNCT
fbem-15390	43	19	and	and	CCONJ
fbem-15390	43	20	settlement	settlement	NOUN
fbem-15390	43	21	and	and	CCONJ
fbem-15390	43	22	clearing	clearing	NOUN
fbem-15390	43	23	processes	process	NOUN
fbem-15390	43	24	between	between	ADP
fbem-15390	43	25	financial	financial	ADJ
fbem-15390	43	26	institutions	institution	NOUN
fbem-15390	43	27	.	.	PUNCT
fbem-15390	44	1	lastly	lastly	ADV
fbem-15390	44	2	,	,	PUNCT
fbem-15390	44	3	the	the	DET
fbem-15390	44	4	integration	integration	NOUN
fbem-15390	44	5	of	of	ADP
fbem-15390	44	6	online	online	ADJ
fbem-15390	44	7	and	and	CCONJ
fbem-15390	44	8	offline	offline	ADJ
fbem-15390	44	9	channels	channel	NOUN
fbem-15390	44	10	in	in	ADP
fbem-15390	44	11	digital	digital	ADJ
fbem-15390	44	12	financial	financial	ADJ
fbem-15390	44	13	products	product	NOUN
fbem-15390	44	14	and	and	CCONJ
fbem-15390	44	15	services	service	NOUN
fbem-15390	44	16	is	be	AUX
fbem-15390	44	17	gradually	gradually	ADV
fbem-15390	44	18	becoming	become	VERB
fbem-15390	44	19	a	a	DET
fbem-15390	44	20	reality	reality	NOUN
fbem-15390	44	21	.	.	PUNCT
fbem-15390	45	1	artificial	artificial	ADJ
fbem-15390	45	2	intelligence	intelligence	NOUN
fbem-15390	45	3	(	(	PUNCT
fbem-15390	45	4	ai	ai	AUX
fbem-15390	45	5	)	)	PUNCT
fbem-15390	45	6	can	can	AUX
fbem-15390	45	7	assist	assist	VERB
fbem-15390	45	8	financial	financial	ADJ
fbem-15390	45	9	institutions	institution	NOUN
fbem-15390	45	10	in	in	ADP
fbem-15390	45	11	conducting	conduct	VERB
fbem-15390	45	12	risk	risk	NOUN
fbem-15390	45	13	assessments	assessment	NOUN
fbem-15390	45	14	,	,	PUNCT
fbem-15390	45	15	customer	customer	NOUN
fbem-15390	45	16	analysis	analysis	NOUN
fbem-15390	45	17	,	,	PUNCT
fbem-15390	45	18	and	and	CCONJ
fbem-15390	45	19	investment	investment	NOUN
fbem-15390	45	20	decisions	decision	NOUN
fbem-15390	45	21	,	,	PUNCT
fbem-15390	45	22	among	among	ADP
fbem-15390	45	23	other	other	ADJ
fbem-15390	45	24	tasks	task	NOUN
fbem-15390	45	25	.	.	PUNCT
fbem-15390	46	1	this	this	DET
fbem-15390	46	2	integration	integration	NOUN
fbem-15390	46	3	and	and	CCONJ
fbem-15390	46	4	the	the	DET
fbem-15390	46	5	utilisation	utilisation	NOUN
fbem-15390	46	6	of	of	ADP
fbem-15390	46	7	ai	ai	NOUN
fbem-15390	46	8	can	can	AUX
fbem-15390	46	9	enhance	enhance	VERB
fbem-15390	46	10	the	the	DET
fbem-15390	46	11	efficiency	efficiency	NOUN
fbem-15390	46	12	and	and	CCONJ
fbem-15390	46	13	accuracy	accuracy	NOUN
fbem-15390	46	14	of	of	ADP
fbem-15390	46	15	financial	financial	ADJ
fbem-15390	46	16	services	service	NOUN
fbem-15390	46	17	provided	provide	VERB
fbem-15390	46	18	by	by	ADP
fbem-15390	46	19	institutions	institution	NOUN
fbem-15390	46	20	,	,	PUNCT
fbem-15390	46	21	ensuring	ensure	VERB
fbem-15390	46	22	that	that	SCONJ
fbem-15390	46	23	users	user	NOUN
fbem-15390	46	24	can	can	AUX
fbem-15390	46	25	access	access	VERB
fbem-15390	46	26	smooth	smooth	ADJ
fbem-15390	46	27	,	,	PUNCT
fbem-15390	46	28	efficient	efficient	ADJ
fbem-15390	46	29	,	,	PUNCT
fbem-15390	46	30	and	and	CCONJ
fbem-15390	46	31	secure	secure	VERB
fbem-15390	46	32	financial	financial	ADJ
fbem-15390	46	33	services	service	NOUN
fbem-15390	46	34	.	.	PUNCT
fbem-15390	47	1	2.1.2	2.1.2	X
fbem-15390	47	2	.	.	NUM
fbem-15390	47	3	increased	increase	VERB
fbem-15390	47	4	integration	integration	NOUN
fbem-15390	47	5	of	of	ADP
fbem-15390	47	6	fintech	fintech	NOUN
fbem-15390	47	7	with	with	ADP
fbem-15390	47	8	the	the	DET
fbem-15390	47	9	real	real	ADJ
fbem-15390	47	10	economy	economy	NOUN
fbem-15390	47	11	the	the	DET
fbem-15390	47	12	booming	booming	ADJ
fbem-15390	47	13	development	development	NOUN
fbem-15390	47	14	of	of	ADP
fbem-15390	47	15	the	the	DET
fbem-15390	47	16	digital	digital	ADJ
fbem-15390	47	17	economy	economy	NOUN
fbem-15390	47	18	will	will	AUX
fbem-15390	47	19	vigorously	vigorously	ADV
fbem-15390	47	20	drive	drive	VERB
fbem-15390	47	21	the	the	DET
fbem-15390	47	22	healthy	healthy	ADJ
fbem-15390	47	23	development	development	NOUN
fbem-15390	47	24	of	of	ADP
fbem-15390	47	25	digital	digital	ADJ
fbem-15390	47	26	finance	finance	NOUN
fbem-15390	47	27	.	.	PUNCT
fbem-15390	48	1	various	various	ADJ
fbem-15390	48	2	institutions	institution	NOUN
fbem-15390	48	3	and	and	CCONJ
fbem-15390	48	4	enterprises	enterprise	NOUN
fbem-15390	48	5	are	be	AUX
fbem-15390	48	6	paying	pay	VERB
fbem-15390	48	7	more	more	ADJ
fbem-15390	48	8	and	and	CCONJ
fbem-15390	48	9	more	more	ADJ
fbem-15390	48	10	attention	attention	NOUN
fbem-15390	48	11	to	to	ADP
fbem-15390	48	12	the	the	DET
fbem-15390	48	13	use	use	NOUN
fbem-15390	48	14	of	of	ADP
fbem-15390	48	15	digital	digital	ADJ
fbem-15390	48	16	technology	technology	NOUN
fbem-15390	48	17	to	to	PART
fbem-15390	48	18	develop	develop	VERB
fbem-15390	48	19	the	the	DET
fbem-15390	48	20	financial	financial	ADJ
fbem-15390	48	21	industry	industry	NOUN
fbem-15390	48	22	.	.	PUNCT
fbem-15390	49	1	digital	digital	ADJ
fbem-15390	49	2	technology	technology	NOUN
fbem-15390	49	3	,	,	PUNCT
fbem-15390	49	4	especially	especially	ADV
fbem-15390	49	5	the	the	DET
fbem-15390	49	6	digital	digital	ADJ
fbem-15390	49	7	rmb	rmb	NOUN
fbem-15390	49	8	,	,	PUNCT
fbem-15390	49	9	will	will	AUX
fbem-15390	49	10	play	play	VERB
fbem-15390	49	11	an	an	DET
fbem-15390	49	12	increasing	increase	VERB
fbem-15390	49	13	role	role	NOUN
fbem-15390	49	14	in	in	ADP
fbem-15390	49	15	the	the	DET
fbem-15390	49	16	real	real	ADJ
fbem-15390	49	17	economy	economy	NOUN
fbem-15390	49	18	,	,	PUNCT
fbem-15390	49	19	driving	drive	VERB
fbem-15390	49	20	the	the	DET
fbem-15390	49	21	integration	integration	NOUN
fbem-15390	49	22	of	of	ADP
fbem-15390	49	23	finance	finance	NOUN
fbem-15390	49	24	and	and	CCONJ
fbem-15390	49	25	the	the	DET
fbem-15390	49	26	real	real	ADJ
fbem-15390	49	27	economy	economy	NOUN
fbem-15390	49	28	.	.	PUNCT
fbem-15390	50	1	at	at	ADP
fbem-15390	50	2	present	present	ADJ
fbem-15390	50	3	,	,	PUNCT
fbem-15390	50	4	china	china	PROPN
fbem-15390	50	5	's	's	PART
fbem-15390	50	6	digital	digital	ADJ
fbem-15390	50	7	rmb	rmb	NOUN
fbem-15390	50	8	is	be	AUX
fbem-15390	50	9	in	in	ADP
fbem-15390	50	10	a	a	DET
fbem-15390	50	11	leading	lead	VERB
fbem-15390	50	12	position	position	NOUN
fbem-15390	50	13	in	in	ADP
fbem-15390	50	14	the	the	DET
fbem-15390	50	15	field	field	NOUN
fbem-15390	50	16	of	of	ADP
fbem-15390	50	17	global	global	ADJ
fbem-15390	50	18	legal	legal	ADJ
fbem-15390	50	19	tender	tender	NOUN
fbem-15390	50	20	digital	digital	ADJ
fbem-15390	50	21	currency	currency	NOUN
fbem-15390	50	22	,	,	PUNCT
fbem-15390	50	23	and	and	CCONJ
fbem-15390	50	24	the	the	DET
fbem-15390	50	25	pilot	pilot	NOUN
fbem-15390	50	26	construction	construction	NOUN
fbem-15390	50	27	has	have	AUX
fbem-15390	50	28	been	be	AUX
fbem-15390	50	29	expanded	expand	VERB
fbem-15390	50	30	from	from	ADP
fbem-15390	50	31	the	the	DET
fbem-15390	50	32	original	original	ADJ
fbem-15390	50	33	"	"	PUNCT
fbem-15390	50	34	10	10	NUM
fbem-15390	50	35	+	+	NOUN
fbem-15390	50	36	1	1	NUM
fbem-15390	50	37	"	"	PUNCT
fbem-15390	50	38	pilot	pilot	NOUN
fbem-15390	50	39	region	region	NOUN
fbem-15390	50	40	to	to	ADP
fbem-15390	50	41	23	23	NUM
fbem-15390	50	42	regions	region	NOUN
fbem-15390	50	43	in	in	ADP
fbem-15390	50	44	15	15	NUM
fbem-15390	50	45	provinces	province	NOUN
fbem-15390	50	46	and	and	CCONJ
fbem-15390	50	47	municipalities	municipality	NOUN
fbem-15390	50	48	.	.	PUNCT
fbem-15390	51	1	by	by	ADP
fbem-15390	51	2	the	the	DET
fbem-15390	51	3	end	end	NOUN
fbem-15390	51	4	of	of	ADP
fbem-15390	51	5	august	august	PROPN
fbem-15390	51	6	2022	2022	NUM
fbem-15390	51	7	,	,	PUNCT
fbem-15390	51	8	the	the	DET
fbem-15390	51	9	cumulative	cumulative	ADJ
fbem-15390	51	10	number	number	NOUN
fbem-15390	51	11	of	of	ADP
fbem-15390	51	12	transactions	transaction	NOUN
fbem-15390	51	13	in	in	ADP
fbem-15390	51	14	the	the	DET
fbem-15390	51	15	pilot	pilot	NOUN
fbem-15390	51	16	areas	area	NOUN
fbem-15390	51	17	was	be	AUX
fbem-15390	51	18	360	360	NUM
fbem-15390	51	19	million	million	NUM
fbem-15390	51	20	,	,	PUNCT
fbem-15390	51	21	with	with	ADP
fbem-15390	51	22	a	a	DET
fbem-15390	51	23	value	value	NOUN
fbem-15390	51	24	of	of	ADP
fbem-15390	51	25	100.04	100.04	NUM
fbem-15390	51	26	billion	billion	NUM
fbem-15390	51	27	yuan	yuan	NOUN
fbem-15390	51	28	,	,	PUNCT
fbem-15390	51	29	and	and	CCONJ
fbem-15390	51	30	the	the	DET
fbem-15390	51	31	number	number	NOUN
fbem-15390	51	32	of	of	ADP
fbem-15390	51	33	merchant	merchant	NOUN
fbem-15390	51	34	shops	shop	NOUN
fbem-15390	51	35	supporting	support	VERB
fbem-15390	51	36	digital	digital	ADJ
fbem-15390	51	37	rmb	rmb	NOUN
fbem-15390	51	38	exceeded	exceed	VERB
fbem-15390	51	39	5.6	5.6	NUM
fbem-15390	51	40	million	million	NUM
fbem-15390	51	41	.	.	PUNCT
fbem-15390	52	1	digital	digital	ADJ
fbem-15390	52	2	rmb	rmb	PROPN
fbem-15390	52	3	has	have	AUX
fbem-15390	52	4	been	be	AUX
fbem-15390	52	5	able	able	ADJ
fbem-15390	52	6	to	to	PART
fbem-15390	52	7	continuously	continuously	ADV
fbem-15390	52	8	expand	expand	VERB
fbem-15390	52	9	its	its	PRON
fbem-15390	52	10	application	application	NOUN
fbem-15390	52	11	scenarios	scenario	NOUN
fbem-15390	52	12	in	in	ADP
fbem-15390	52	13	the	the	DET
fbem-15390	52	14	real	real	ADJ
fbem-15390	52	15	economy	economy	NOUN
fbem-15390	52	16	and	and	CCONJ
fbem-15390	52	17	give	give	VERB
fbem-15390	52	18	full	full	ADJ
fbem-15390	52	19	play	play	NOUN
fbem-15390	52	20	to	to	ADP
fbem-15390	52	21	its	its	PRON
fbem-15390	52	22	payment	payment	NOUN
fbem-15390	52	23	and	and	CCONJ
fbem-15390	52	24	settlement	settlement	NOUN
fbem-15390	52	25	functions	function	NOUN
fbem-15390	52	26	to	to	PART
fbem-15390	52	27	meet	meet	VERB
fbem-15390	52	28	the	the	DET
fbem-15390	52	29	demand	demand	NOUN
fbem-15390	52	30	for	for	ADP
fbem-15390	52	31	domestic	domestic	ADJ
fbem-15390	52	32	and	and	CCONJ
fbem-15390	52	33	international	international	ADJ
fbem-15390	52	34	rmb	rmb	NOUN
fbem-15390	52	35	settlement	settlement	NOUN
fbem-15390	52	36	and	and	CCONJ
fbem-15390	52	37	clearing	clearing	NOUN
fbem-15390	52	38	,	,	PUNCT
fbem-15390	52	39	and	and	CCONJ
fbem-15390	52	40	to	to	PART
fbem-15390	52	41	realise	realise	VERB
fbem-15390	52	42	the	the	DET
fbem-15390	52	43	integrated	integrate	VERB
fbem-15390	52	44	development	development	NOUN
fbem-15390	52	45	of	of	ADP
fbem-15390	52	46	fintech	fintech	NOUN
fbem-15390	52	47	and	and	CCONJ
fbem-15390	52	48	the	the	DET
fbem-15390	52	49	real	real	ADJ
fbem-15390	52	50	economy	economy	NOUN
fbem-15390	52	51	.	.	PUNCT
fbem-15390	53	1	2.1.3	2.1.3	X
fbem-15390	53	2	.	.	PUNCT
fbem-15390	53	3	financial	financial	ADJ
fbem-15390	53	4	regulation	regulation	NOUN
fbem-15390	53	5	will	will	AUX
fbem-15390	53	6	focus	focus	VERB
fbem-15390	53	7	more	more	ADV
fbem-15390	53	8	on	on	ADP
fbem-15390	53	9	digital	digital	ADJ
fbem-15390	53	10	finance	finance	NOUN
fbem-15390	53	11	at	at	ADP
fbem-15390	53	12	present	present	ADJ
fbem-15390	53	13	,	,	PUNCT
fbem-15390	53	14	the	the	DET
fbem-15390	53	15	digital	digital	ADJ
fbem-15390	53	16	financial	financial	ADJ
fbem-15390	53	17	business	business	NOUN
fbem-15390	53	18	in	in	ADP
fbem-15390	53	19	china	china	PROPN
fbem-15390	53	20	mostly	mostly	ADV
fbem-15390	53	21	comprises	comprise	VERB
fbem-15390	53	22	prominent	prominent	ADJ
fbem-15390	53	23	technological	technological	ADJ
fbem-15390	53	24	companies	company	NOUN
fbem-15390	53	25	such	such	ADJ
fbem-15390	53	26	as	as	ADP
fbem-15390	53	27	tencent	tencent	NOUN
fbem-15390	53	28	financial	financial	ADJ
fbem-15390	53	29	,	,	PUNCT
fbem-15390	53	30	ant	ant	ADJ
fbem-15390	53	31	gold	gold	NOUN
fbem-15390	53	32	service	service	NOUN
fbem-15390	53	33	,	,	PUNCT
fbem-15390	53	34	and	and	CCONJ
fbem-15390	53	35	jingdong	jingdong	ADP
fbem-15390	53	36	financial	financial	ADJ
fbem-15390	53	37	.	.	PUNCT
fbem-15390	54	1	these	these	DET
fbem-15390	54	2	companies	company	NOUN
fbem-15390	54	3	possess	possess	VERB
fbem-15390	54	4	the	the	DET
fbem-15390	54	5	necessary	necessary	ADJ
fbem-15390	54	6	qualifications	qualification	NOUN
fbem-15390	54	7	to	to	PART
fbem-15390	54	8	offer	offer	VERB
fbem-15390	54	9	a	a	DET
fbem-15390	54	10	range	range	NOUN
fbem-15390	54	11	of	of	ADP
fbem-15390	54	12	financial	financial	ADJ
fbem-15390	54	13	services	service	NOUN
fbem-15390	54	14	,	,	PUNCT
fbem-15390	54	15	including	include	VERB
fbem-15390	54	16	payments	payment	NOUN
fbem-15390	54	17	,	,	PUNCT
fbem-15390	54	18	fund	fund	NOUN
fbem-15390	54	19	sales	sale	NOUN
fbem-15390	54	20	,	,	PUNCT
fbem-15390	54	21	insurance	insurance	NOUN
fbem-15390	54	22	,	,	PUNCT
fbem-15390	54	23	and	and	CCONJ
fbem-15390	54	24	securities	security	NOUN
fbem-15390	54	25	.	.	PUNCT
fbem-15390	55	1	additionally	additionally	ADV
fbem-15390	55	2	,	,	PUNCT
fbem-15390	55	3	they	they	PRON
fbem-15390	55	4	leverage	leverage	VERB
fbem-15390	55	5	the	the	DET
fbem-15390	55	6	internet	internet	NOUN
fbem-15390	55	7	to	to	PART
fbem-15390	55	8	extend	extend	VERB
fbem-15390	55	9	their	their	PRON
fbem-15390	55	10	sales	sale	NOUN
fbem-15390	55	11	operations	operation	NOUN
fbem-15390	55	12	nationwide	nationwide	ADV
fbem-15390	55	13	.	.	PUNCT
fbem-15390	56	1	this	this	DET
fbem-15390	56	2	expansion	expansion	NOUN
fbem-15390	56	3	leads	lead	VERB
fbem-15390	56	4	to	to	ADP
fbem-15390	56	5	the	the	DET
fbem-15390	56	6	transfer	transfer	NOUN
fbem-15390	56	7	of	of	ADP
fbem-15390	56	8	financial	financial	ADJ
fbem-15390	56	9	risks	risk	NOUN
fbem-15390	56	10	across	across	ADP
fbem-15390	56	11	banks	bank	NOUN
fbem-15390	56	12	and	and	CCONJ
fbem-15390	56	13	regions	region	NOUN
fbem-15390	56	14	,	,	PUNCT
fbem-15390	56	15	thereby	thereby	ADV
fbem-15390	56	16	complicating	complicate	VERB
fbem-15390	56	17	local	local	ADJ
fbem-15390	56	18	and	and	CCONJ
fbem-15390	56	19	sector	sector	NOUN
fbem-15390	56	20	-	-	PUNCT
fbem-15390	56	21	specific	specific	ADJ
fbem-15390	56	22	oversight	oversight	NOUN
fbem-15390	56	23	.	.	PUNCT
fbem-15390	57	1	consequently	consequently	ADV
fbem-15390	57	2	,	,	PUNCT
fbem-15390	57	3	this	this	PRON
fbem-15390	57	4	gives	give	VERB
fbem-15390	57	5	rise	rise	NOUN
fbem-15390	57	6	to	to	ADP
fbem-15390	57	7	issues	issue	NOUN
fbem-15390	57	8	that	that	PRON
fbem-15390	57	9	are	be	AUX
fbem-15390	57	10	absent	absent	ADJ
fbem-15390	57	11	in	in	ADP
fbem-15390	57	12	traditional	traditional	ADJ
fbem-15390	57	13	finance	finance	NOUN
fbem-15390	57	14	,	,	PUNCT
fbem-15390	57	15	such	such	ADJ
fbem-15390	57	16	as	as	ADP
fbem-15390	57	17	shadow	shadow	NOUN
fbem-15390	57	18	banking	banking	NOUN
fbem-15390	57	19	,	,	PUNCT
fbem-15390	57	20	illicit	illicit	ADJ
fbem-15390	57	21	fundraising	fundraising	NOUN
fbem-15390	57	22	,	,	PUNCT
fbem-15390	57	23	and	and	CCONJ
fbem-15390	57	24	virtual	virtual	ADJ
fbem-15390	57	25	currencies	currency	NOUN
fbem-15390	57	26	.	.	PUNCT
fbem-15390	58	1	the	the	DET
fbem-15390	58	2	failure	failure	NOUN
fbem-15390	58	3	to	to	PART
fbem-15390	58	4	promptly	promptly	ADV
fbem-15390	58	5	identify	identify	VERB
fbem-15390	58	6	these	these	DET
fbem-15390	58	7	risks	risk	NOUN
fbem-15390	58	8	and	and	CCONJ
fbem-15390	58	9	implement	implement	VERB
fbem-15390	58	10	robust	robust	ADJ
fbem-15390	58	11	steps	step	NOUN
fbem-15390	58	12	to	to	PART
fbem-15390	58	13	manage	manage	VERB
fbem-15390	58	14	and	and	CCONJ
fbem-15390	58	15	eliminate	eliminate	VERB
fbem-15390	58	16	them	they	PRON
fbem-15390	58	17	is	be	AUX
fbem-15390	58	18	anticipated	anticipate	VERB
fbem-15390	58	19	to	to	PART
fbem-15390	58	20	result	result	VERB
fbem-15390	58	21	in	in	ADP
fbem-15390	58	22	significant	significant	ADJ
fbem-15390	58	23	financial	financial	ADJ
fbem-15390	58	24	and	and	CCONJ
fbem-15390	58	25	asset	asset	NOUN
fbem-15390	58	26	-	-	PUNCT
fbem-15390	58	27	related	relate	VERB
fbem-15390	58	28	damages	damage	NOUN
fbem-15390	58	29	.	.	PUNCT
fbem-15390	59	1	hence	hence	ADV
fbem-15390	59	2	,	,	PUNCT
fbem-15390	59	3	it	it	PRON
fbem-15390	59	4	is	be	AUX
fbem-15390	59	5	imperative	imperative	ADJ
fbem-15390	59	6	for	for	SCONJ
fbem-15390	59	7	regulators	regulator	NOUN
fbem-15390	59	8	to	to	PART
fbem-15390	59	9	stay	stay	VERB
fbem-15390	59	10	updated	update	VERB
fbem-15390	59	11	on	on	ADP
fbem-15390	59	12	the	the	DET
fbem-15390	59	13	advancements	advancement	NOUN
fbem-15390	59	14	in	in	ADP
fbem-15390	59	15	digital	digital	ADJ
fbem-15390	59	16	finance	finance	NOUN
fbem-15390	59	17	,	,	PUNCT
fbem-15390	59	18	engage	engage	VERB
fbem-15390	59	19	in	in	ADP
fbem-15390	59	20	proactive	proactive	ADJ
fbem-15390	59	21	collaboration	collaboration	NOUN
fbem-15390	59	22	to	to	PART
fbem-15390	59	23	establish	establish	VERB
fbem-15390	59	24	a	a	DET
fbem-15390	59	25	systematic	systematic	ADJ
fbem-15390	59	26	and	and	CCONJ
fbem-15390	59	27	rational	rational	ADJ
fbem-15390	59	28	regulatory	regulatory	ADJ
fbem-15390	59	29	framework	framework	NOUN
fbem-15390	59	30	,	,	PUNCT
fbem-15390	59	31	enforce	enforce	VERB
fbem-15390	59	32	regulations	regulation	NOUN
fbem-15390	59	33	in	in	ADP
fbem-15390	59	34	compliance	compliance	NOUN
fbem-15390	59	35	with	with	ADP
fbem-15390	59	36	legal	legal	ADJ
fbem-15390	59	37	standards	standard	NOUN
fbem-15390	59	38	,	,	PUNCT
fbem-15390	59	39	and	and	CCONJ
fbem-15390	59	40	enhance	enhance	VERB
fbem-15390	59	41	regulatory	regulatory	ADJ
fbem-15390	59	42	coordination	coordination	NOUN
fbem-15390	59	43	to	to	PART
fbem-15390	59	44	effectively	effectively	ADV
fbem-15390	59	45	oversee	oversee	VERB
fbem-15390	59	46	the	the	DET
fbem-15390	59	47	digital	digital	ADJ
fbem-15390	59	48	finance	finance	NOUN
fbem-15390	59	49	sector	sector	NOUN
fbem-15390	59	50	.	.	PUNCT
fbem-15390	60	1	2.1.4	2.1.4	X
fbem-15390	60	2	.	.	PUNCT
fbem-15390	60	3	financial	financial	ADJ
fbem-15390	60	4	risk	risk	NOUN
fbem-15390	60	5	prevention	prevention	NOUN
fbem-15390	60	6	is	be	AUX
fbem-15390	60	7	further	far	ADV
fbem-15390	60	8	strengthened	strengthen	VERB
fbem-15390	60	9	the	the	DET
fbem-15390	60	10	future	future	NOUN
fbem-15390	60	11	of	of	ADP
fbem-15390	60	12	the	the	DET
fbem-15390	60	13	digital	digital	ADJ
fbem-15390	60	14	financial	financial	ADJ
fbem-15390	60	15	industry	industry	NOUN
fbem-15390	60	16	presents	present	VERB
fbem-15390	60	17	a	a	DET
fbem-15390	60	18	significant	significant	ADJ
fbem-15390	60	19	challenge	challenge	NOUN
fbem-15390	60	20	in	in	ADP
fbem-15390	60	21	terms	term	NOUN
fbem-15390	60	22	of	of	ADP
fbem-15390	60	23	risk	risk	NOUN
fbem-15390	60	24	management	management	NOUN
fbem-15390	60	25	and	and	CCONJ
fbem-15390	60	26	control	control	NOUN
fbem-15390	60	27	.	.	PUNCT
fbem-15390	61	1	the	the	DET
fbem-15390	61	2	ongoing	ongoing	ADJ
fbem-15390	61	3	advancements	advancement	NOUN
fbem-15390	61	4	in	in	ADP
fbem-15390	61	5	technology	technology	NOUN
fbem-15390	61	6	,	,	PUNCT
fbem-15390	61	7	as	as	ADV
fbem-15390	61	8	well	well	ADV
fbem-15390	61	9	as	as	ADP
fbem-15390	61	10	the	the	DET
fbem-15390	61	11	evolution	evolution	NOUN
fbem-15390	61	12	of	of	ADP
fbem-15390	61	13	business	business	NOUN
fbem-15390	61	14	practises	practise	NOUN
fbem-15390	61	15	and	and	CCONJ
fbem-15390	61	16	services	service	NOUN
fbem-15390	61	17	,	,	PUNCT
fbem-15390	61	18	will	will	AUX
fbem-15390	61	19	contribute	contribute	VERB
fbem-15390	61	20	to	to	ADP
fbem-15390	61	21	the	the	DET
fbem-15390	61	22	enhanced	enhanced	ADJ
fbem-15390	61	23	fortification	fortification	NOUN
fbem-15390	61	24	of	of	ADP
fbem-15390	61	25	financial	financial	ADJ
fbem-15390	61	26	risk	risk	NOUN
fbem-15390	61	27	prevention	prevention	NOUN
fbem-15390	61	28	.	.	PUNCT
fbem-15390	62	1	digital	digital	ADJ
fbem-15390	62	2	financial	financial	ADJ
fbem-15390	62	3	firms	firm	NOUN
fbem-15390	62	4	must	must	AUX
fbem-15390	62	5	enhance	enhance	VERB
fbem-15390	62	6	their	their	PRON
fbem-15390	62	7	risk	risk	NOUN
fbem-15390	62	8	awareness	awareness	NOUN
fbem-15390	62	9	,	,	PUNCT
fbem-15390	62	10	bolster	bolster	VERB
fbem-15390	62	11	internal	internal	ADJ
fbem-15390	62	12	control	control	NOUN
fbem-15390	62	13	measures	measure	NOUN
fbem-15390	62	14	,	,	PUNCT
fbem-15390	62	15	enhance	enhance	VERB
fbem-15390	62	16	their	their	PRON
fbem-15390	62	17	risk	risk	NOUN
fbem-15390	62	18	management	management	NOUN
fbem-15390	62	19	system	system	NOUN
fbem-15390	62	20	,	,	PUNCT
fbem-15390	62	21	and	and	CCONJ
fbem-15390	62	22	consistently	consistently	ADV
fbem-15390	62	23	enhance	enhance	VERB
fbem-15390	62	24	their	their	PRON
fbem-15390	62	25	safety	safety	NOUN
fbem-15390	62	26	and	and	CCONJ
fbem-15390	62	27	reliability	reliability	NOUN
fbem-15390	62	28	in	in	ADP
fbem-15390	62	29	response	response	NOUN
fbem-15390	62	30	to	to	ADP
fbem-15390	62	31	illicit	illicit	ADJ
fbem-15390	62	32	fundraising	fundraising	NOUN
fbem-15390	62	33	and	and	CCONJ
fbem-15390	62	34	other	other	ADJ
fbem-15390	62	35	criminal	criminal	ADJ
fbem-15390	62	36	activities	activity	NOUN
fbem-15390	62	37	facilitated	facilitate	VERB
fbem-15390	62	38	by	by	ADP
fbem-15390	62	39	digital	digital	ADJ
fbem-15390	62	40	money	money	NOUN
fbem-15390	62	41	.	.	PUNCT
fbem-15390	63	1	2.2	2.2	NUM
fbem-15390	63	2	.	.	PUNCT
fbem-15390	63	3	status	status	NOUN
fbem-15390	63	4	of	of	ADP
fbem-15390	63	5	financial	financial	ADJ
fbem-15390	63	6	industry	industry	NOUN
fbem-15390	63	7	development	development	NOUN
fbem-15390	63	8	in	in	ADP
fbem-15390	63	9	hainan	hainan	PROPN
fbem-15390	63	10	free	free	PROPN
fbem-15390	63	11	trade	trade	PROPN
fbem-15390	63	12	harbour	harbour	NOUN
fbem-15390	63	13	2.2.1	2.2.1	NUM
fbem-15390	63	14	.	.	PUNCT
fbem-15390	64	1	background	background	NOUN
fbem-15390	64	2	the	the	DET
fbem-15390	64	3	financial	financial	ADJ
fbem-15390	64	4	industry	industry	NOUN
fbem-15390	64	5	assumes	assume	VERB
fbem-15390	64	6	a	a	DET
fbem-15390	64	7	significant	significant	ADJ
fbem-15390	64	8	part	part	NOUN
fbem-15390	64	9	in	in	ADP
fbem-15390	64	10	the	the	DET
fbem-15390	64	11	development	development	NOUN
fbem-15390	64	12	of	of	ADP
fbem-15390	64	13	the	the	DET
fbem-15390	64	14	free	free	ADJ
fbem-15390	64	15	trade	trade	NOUN
fbem-15390	64	16	port	port	NOUN
fbem-15390	64	17	.	.	PUNCT
fbem-15390	65	1	the	the	DET
fbem-15390	65	2	programme	programme	NOUN
fbem-15390	65	3	explicitly	explicitly	ADV
fbem-15390	65	4	highlights	highlight	VERB
fbem-15390	65	5	the	the	DET
fbem-15390	65	6	initiative	initiative	NOUN
fbem-15390	65	7	to	to	PART
fbem-15390	65	8	enact	enact	VERB
fbem-15390	65	9	policies	policy	NOUN
fbem-15390	65	10	aimed	aim	VERB
fbem-15390	65	11	at	at	ADP
fbem-15390	65	12	enhancing	enhance	VERB
fbem-15390	65	13	the	the	DET
fbem-15390	65	14	liberalisation	liberalisation	NOUN
fbem-15390	65	15	of	of	ADP
fbem-15390	65	16	the	the	DET
fbem-15390	65	17	financial	financial	ADJ
fbem-15390	65	18	sector	sector	NOUN
fbem-15390	65	19	in	in	ADP
fbem-15390	65	20	hainan	hainan	PROPN
fbem-15390	65	21	free	free	PROPN
fbem-15390	65	22	trade	trade	PROPN
fbem-15390	65	23	port	port	NOUN
fbem-15390	65	24	.	.	PUNCT
fbem-15390	66	1	this	this	DET
fbem-15390	66	2	initiative	initiative	NOUN
fbem-15390	66	3	aligns	align	VERB
fbem-15390	66	4	with	with	ADP
fbem-15390	66	5	global	global	ADJ
fbem-15390	66	6	standards	standard	NOUN
fbem-15390	66	7	of	of	ADP
fbem-15390	66	8	openness	openness	NOUN
fbem-15390	66	9	and	and	CCONJ
fbem-15390	66	10	prioritises	prioritise	VERB
fbem-15390	66	11	meeting	meet	VERB
fbem-15390	66	12	the	the	DET
fbem-15390	66	13	investment	investment	NOUN
fbem-15390	66	14	and	and	CCONJ
fbem-15390	66	15	financing	financing	NOUN
fbem-15390	66	16	requirements	requirement	NOUN
fbem-15390	66	17	of	of	ADP
fbem-15390	66	18	the	the	DET
fbem-15390	66	19	local	local	ADJ
fbem-15390	66	20	real	real	ADJ
fbem-15390	66	21	economy	economy	NOUN
fbem-15390	66	22	.	.	PUNCT
fbem-15390	67	1	additionally	additionally	ADV
fbem-15390	67	2	,	,	PUNCT
fbem-15390	67	3	it	it	PRON
fbem-15390	67	4	emphasises	emphasise	VERB
fbem-15390	67	5	the	the	DET
fbem-15390	67	6	objective	objective	NOUN
fbem-15390	67	7	of	of	ADP
fbem-15390	67	8	establishing	establish	VERB
fbem-15390	67	9	hainan	hainan	NOUN
fbem-15390	67	10	as	as	ADP
fbem-15390	67	11	a	a	DET
fbem-15390	67	12	regional	regional	ADJ
fbem-15390	67	13	international	international	ADJ
fbem-15390	67	14	financial	financial	ADJ
fbem-15390	67	15	centre	centre	NOUN
fbem-15390	67	16	,	,	PUNCT
fbem-15390	67	17	thereby	thereby	ADV
fbem-15390	67	18	creating	create	VERB
fbem-15390	67	19	a	a	DET
fbem-15390	67	20	financial	financial	ADJ
fbem-15390	67	21	gateway	gateway	NOUN
fbem-15390	67	22	for	for	ADP
fbem-15390	67	23	the	the	DET
fbem-15390	67	24	"	"	PUNCT
fbem-15390	67	25	21st	21st	ADJ
fbem-15390	67	26	century	century	NOUN
fbem-15390	67	27	maritime	maritime	ADJ
fbem-15390	67	28	silk	silk	NOUN
fbem-15390	67	29	road	road	NOUN
fbem-15390	67	30	.	.	PUNCT
fbem-15390	67	31	"	"	PUNCT
fbem-15390	68	1	over	over	ADP
fbem-15390	68	2	the	the	DET
fbem-15390	68	3	course	course	NOUN
fbem-15390	68	4	of	of	ADP
fbem-15390	68	5	the	the	DET
fbem-15390	68	6	previous	previous	ADJ
fbem-15390	68	7	two	two	NUM
fbem-15390	68	8	years	year	NOUN
fbem-15390	68	9	,	,	PUNCT
fbem-15390	68	10	the	the	DET
fbem-15390	68	11	financial	financial	ADJ
fbem-15390	68	12	market	market	NOUN
fbem-15390	68	13	industry	industry	NOUN
fbem-15390	68	14	in	in	ADP
fbem-15390	68	15	hainan	hainan	PROPN
fbem-15390	68	16	has	have	AUX
fbem-15390	68	17	demonstrated	demonstrate	VERB
fbem-15390	68	18	ongoing	ongoing	ADJ
fbem-15390	68	19	enhancements	enhancement	NOUN
fbem-15390	68	20	,	,	PUNCT
fbem-15390	68	21	with	with	ADP
fbem-15390	68	22	notable	notable	ADJ
fbem-15390	68	23	improvements	improvement	NOUN
fbem-15390	68	24	in	in	ADP
fbem-15390	68	25	the	the	DET
fbem-15390	68	26	quality	quality	NOUN
fbem-15390	68	27	and	and	CCONJ
fbem-15390	68	28	efficiency	efficiency	NOUN
fbem-15390	68	29	of	of	ADP
fbem-15390	68	30	financial	financial	ADJ
fbem-15390	68	31	services	service	NOUN
fbem-15390	68	32	.	.	PUNCT
fbem-15390	69	1	additionally	additionally	ADV
fbem-15390	69	2	,	,	PUNCT
fbem-15390	69	3	the	the	DET
fbem-15390	69	4	region	region	NOUN
fbem-15390	69	5	has	have	AUX
fbem-15390	69	6	witnessed	witness	VERB
fbem-15390	69	7	significant	significant	ADJ
fbem-15390	69	8	advancements	advancement	NOUN
fbem-15390	69	9	in	in	ADP
fbem-15390	69	10	regional	regional	ADJ
fbem-15390	69	11	financial	financial	ADJ
fbem-15390	69	12	reform	reform	NOUN
fbem-15390	69	13	.	.	PUNCT
fbem-15390	70	1	in	in	ADP
fbem-15390	70	2	the	the	DET
fbem-15390	70	3	forthcoming	forthcoming	ADJ
fbem-15390	70	4	period	period	NOUN
fbem-15390	70	5	,	,	PUNCT
fbem-15390	70	6	the	the	DET
fbem-15390	70	7	financial	financial	ADJ
fbem-15390	70	8	sector	sector	NOUN
fbem-15390	70	9	in	in	ADP
fbem-15390	70	10	hainan	hainan	PROPN
fbem-15390	70	11	will	will	AUX
fbem-15390	70	12	be	be	AUX
fbem-15390	70	13	integrated	integrate	VERB
fbem-15390	70	14	with	with	ADP
fbem-15390	70	15	the	the	DET
fbem-15390	70	16	strategic	strategic	ADJ
fbem-15390	70	17	framework	framework	NOUN
fbem-15390	70	18	of	of	ADP
fbem-15390	70	19	the	the	DET
fbem-15390	70	20	free	free	ADJ
fbem-15390	70	21	trade	trade	NOUN
fbem-15390	70	22	port	port	NOUN
fbem-15390	70	23	initiative	initiative	NOUN
fbem-15390	70	24	.	.	PUNCT
fbem-15390	71	1	this	this	DET
fbem-15390	71	2	integration	integration	NOUN
fbem-15390	71	3	aims	aim	VERB
fbem-15390	71	4	to	to	PART
fbem-15390	71	5	actively	actively	ADV
fbem-15390	71	6	enhance	enhance	VERB
fbem-15390	71	7	cross	cross	VERB
fbem-15390	71	8	121	121	NUM
fbem-15390	71	9	border	border	NOUN
fbem-15390	71	10	trade	trade	NOUN
fbem-15390	71	11	,	,	PUNCT
fbem-15390	71	12	investment	investment	NOUN
fbem-15390	71	13	,	,	PUNCT
fbem-15390	71	14	and	and	CCONJ
fbem-15390	71	15	financing	financing	NOUN
fbem-15390	71	16	facilitation	facilitation	NOUN
fbem-15390	71	17	,	,	PUNCT
fbem-15390	71	18	among	among	ADP
fbem-15390	71	19	other	other	ADJ
fbem-15390	71	20	areas	area	NOUN
fbem-15390	71	21	,	,	PUNCT
fbem-15390	71	22	in	in	ADP
fbem-15390	71	23	order	order	NOUN
fbem-15390	71	24	to	to	PART
fbem-15390	71	25	achieve	achieve	VERB
fbem-15390	71	26	significant	significant	ADJ
fbem-15390	71	27	advancements	advancement	NOUN
fbem-15390	71	28	.	.	PUNCT
fbem-15390	72	1	the	the	DET
fbem-15390	72	2	ultimate	ultimate	ADJ
fbem-15390	72	3	objective	objective	NOUN
fbem-15390	72	4	is	be	AUX
fbem-15390	72	5	to	to	PART
fbem-15390	72	6	attract	attract	VERB
fbem-15390	72	7	global	global	ADJ
fbem-15390	72	8	financial	financial	ADJ
fbem-15390	72	9	resources	resource	NOUN
fbem-15390	72	10	to	to	PART
fbem-15390	72	11	accumulate	accumulate	VERB
fbem-15390	72	12	in	in	ADP
fbem-15390	72	13	the	the	DET
fbem-15390	72	14	region	region	NOUN
fbem-15390	72	15	of	of	ADP
fbem-15390	72	16	qiong	qiong	PROPN
fbem-15390	72	17	.	.	PUNCT
fbem-15390	73	1	the	the	DET
fbem-15390	73	2	hainan	hainan	PROPN
fbem-15390	73	3	free	free	PROPN
fbem-15390	73	4	trade	trade	PROPN
fbem-15390	73	5	port	port	NOUN
fbem-15390	73	6	is	be	AUX
fbem-15390	73	7	actively	actively	ADV
fbem-15390	73	8	engaged	engage	VERB
fbem-15390	73	9	in	in	ADP
fbem-15390	73	10	the	the	DET
fbem-15390	73	11	promotion	promotion	NOUN
fbem-15390	73	12	of	of	ADP
fbem-15390	73	13	financial	financial	ADJ
fbem-15390	73	14	reform	reform	NOUN
fbem-15390	73	15	and	and	CCONJ
fbem-15390	73	16	innovation	innovation	NOUN
fbem-15390	73	17	,	,	PUNCT
fbem-15390	73	18	while	while	SCONJ
fbem-15390	73	19	simultaneously	simultaneously	ADV
fbem-15390	73	20	embracing	embrace	VERB
fbem-15390	73	21	external	external	ADJ
fbem-15390	73	22	openness	openness	NOUN
fbem-15390	73	23	.	.	PUNCT
fbem-15390	74	1	it	it	PRON
fbem-15390	74	2	consistently	consistently	ADV
fbem-15390	74	3	underscores	underscore	VERB
fbem-15390	74	4	the	the	DET
fbem-15390	74	5	importance	importance	NOUN
fbem-15390	74	6	of	of	ADP
fbem-15390	74	7	maintaining	maintain	VERB
fbem-15390	74	8	a	a	DET
fbem-15390	74	9	bottom	bottom	ADJ
fbem-15390	74	10	line	line	NOUN
fbem-15390	74	11	approach	approach	NOUN
fbem-15390	74	12	to	to	ADP
fbem-15390	74	13	financial	financial	ADJ
fbem-15390	74	14	risk	risk	NOUN
fbem-15390	74	15	in	in	ADP
fbem-15390	74	16	order	order	NOUN
fbem-15390	74	17	to	to	PART
fbem-15390	74	18	safeguard	safeguard	VERB
fbem-15390	74	19	financial	financial	ADJ
fbem-15390	74	20	security	security	NOUN
fbem-15390	74	21	.	.	PUNCT
fbem-15390	75	1	2.2.2	2.2.2	X
fbem-15390	75	2	.	.	PUNCT
fbem-15390	75	3	current	current	ADJ
fbem-15390	75	4	status	status	NOUN
fbem-15390	75	5	of	of	ADP
fbem-15390	75	6	operations	operation	NOUN
fbem-15390	75	7	the	the	DET
fbem-15390	75	8	consistent	consistent	ADJ
fbem-15390	75	9	distribution	distribution	NOUN
fbem-15390	75	10	of	of	ADP
fbem-15390	75	11	dividends	dividend	NOUN
fbem-15390	75	12	resulting	result	VERB
fbem-15390	75	13	from	from	ADP
fbem-15390	75	14	the	the	DET
fbem-15390	75	15	establishment	establishment	NOUN
fbem-15390	75	16	of	of	ADP
fbem-15390	75	17	hainan	hainan	PROPN
fbem-15390	75	18	's	's	PART
fbem-15390	75	19	free	free	PROPN
fbem-15390	75	20	trade	trade	NOUN
fbem-15390	75	21	port	port	NOUN
fbem-15390	75	22	has	have	AUX
fbem-15390	75	23	facilitated	facilitate	VERB
fbem-15390	75	24	various	various	ADJ
fbem-15390	75	25	endeavours	endeavour	NOUN
fbem-15390	75	26	,	,	PUNCT
fbem-15390	75	27	including	include	VERB
fbem-15390	75	28	policy	policy	NOUN
fbem-15390	75	29	support	support	NOUN
fbem-15390	75	30	,	,	PUNCT
fbem-15390	75	31	system	system	NOUN
fbem-15390	75	32	innovation	innovation	NOUN
fbem-15390	75	33	,	,	PUNCT
fbem-15390	75	34	and	and	CCONJ
fbem-15390	75	35	infrastructure	infrastructure	NOUN
fbem-15390	75	36	optimisation	optimisation	NOUN
fbem-15390	75	37	.	.	PUNCT
fbem-15390	76	1	these	these	DET
fbem-15390	76	2	efforts	effort	NOUN
fbem-15390	76	3	have	have	AUX
fbem-15390	76	4	contributed	contribute	VERB
fbem-15390	76	5	to	to	ADP
fbem-15390	76	6	the	the	DET
fbem-15390	76	7	sustained	sustained	ADJ
fbem-15390	76	8	growth	growth	NOUN
fbem-15390	76	9	of	of	ADP
fbem-15390	76	10	the	the	DET
fbem-15390	76	11	financial	financial	ADJ
fbem-15390	76	12	industry	industry	NOUN
fbem-15390	76	13	,	,	PUNCT
fbem-15390	76	14	as	as	ADV
fbem-15390	76	15	well	well	ADV
fbem-15390	76	16	as	as	ADP
fbem-15390	76	17	the	the	DET
fbem-15390	76	18	gradual	gradual	ADJ
fbem-15390	76	19	advancement	advancement	NOUN
fbem-15390	76	20	of	of	ADP
fbem-15390	76	21	financial	financial	ADJ
fbem-15390	76	22	reform	reform	NOUN
fbem-15390	76	23	and	and	CCONJ
fbem-15390	76	24	opening	opening	NOUN
fbem-15390	76	25	up	up	ADP
fbem-15390	76	26	.	.	PUNCT
fbem-15390	77	1	consequently	consequently	ADV
fbem-15390	77	2	,	,	PUNCT
fbem-15390	77	3	the	the	DET
fbem-15390	77	4	overall	overall	ADJ
fbem-15390	77	5	quality	quality	NOUN
fbem-15390	77	6	of	of	ADP
fbem-15390	77	7	development	development	NOUN
fbem-15390	77	8	within	within	ADP
fbem-15390	77	9	the	the	DET
fbem-15390	77	10	port	port	NOUN
fbem-15390	77	11	has	have	AUX
fbem-15390	77	12	experienced	experience	VERB
fbem-15390	77	13	notable	notable	ADJ
fbem-15390	77	14	enhancements	enhancement	NOUN
fbem-15390	77	15	.	.	PUNCT
fbem-15390	78	1	1	1	X
fbem-15390	78	2	.	.	X
fbem-15390	78	3	the	the	DET
fbem-15390	78	4	process	process	NOUN
fbem-15390	78	5	of	of	ADP
fbem-15390	78	6	interest	interest	NOUN
fbem-15390	78	7	rate	rate	NOUN
fbem-15390	78	8	marketization	marketization	NOUN
fbem-15390	78	9	was	be	AUX
fbem-15390	78	10	expedited	expedite	VERB
fbem-15390	78	11	,	,	PUNCT
fbem-15390	78	12	resulting	result	VERB
fbem-15390	78	13	in	in	ADP
fbem-15390	78	14	a	a	DET
fbem-15390	78	15	substantial	substantial	ADJ
fbem-15390	78	16	decrease	decrease	NOUN
fbem-15390	78	17	in	in	ADP
fbem-15390	78	18	financing	financing	NOUN
fbem-15390	78	19	costs	cost	NOUN
fbem-15390	78	20	.	.	PUNCT
fbem-15390	79	1	2	2	X
fbem-15390	79	2	.	.	NUM
fbem-15390	79	3	month	month	NOUN
fbem-15390	79	4	aug	aug	PROPN
fbem-15390	79	5	sep	sep	PROPN
fbem-15390	79	6	oct	oct	PROPN
fbem-15390	79	7	nov	nov	PROPN
fbem-15390	79	8	dec	dec	PROPN
fbem-15390	79	9	total	total	NOUN
fbem-15390	79	10	100.0	100.0	NUM
fbem-15390	79	11	100.0	100.0	NUM
fbem-15390	79	12	100.0	100.0	NUM
fbem-15390	79	13	100.0	100.0	NUM
fbem-15390	79	14	100.0	100.0	NUM
fbem-15390	79	15	lpr	lpr	PROPN
fbem-15390	79	16	reduction	reduction	NOUN
fbem-15390	79	17	pip	pip	NOUN
fbem-15390	79	18	5.1	5.1	NUM
fbem-15390	79	19	7.1	7.1	NUM
fbem-15390	79	20	5.5	5.5	NUM
fbem-15390	79	21	6.1	6.1	NUM
fbem-15390	79	22	5.7	5.7	NUM
fbem-15390	79	23	lpr	lpr	PROPN
fbem-15390	79	24	1.0	1.0	NUM
fbem-15390	79	25	0.5	0.5	NUM
fbem-15390	79	26	3.9	3.9	NUM
fbem-15390	79	27	0.4	0.4	NUM
fbem-15390	79	28	0.9	0.9	NUM
fbem-15390	79	29	lpr	lpr	PROPN
fbem-15390	79	30	addition	addition	NOUN
fbem-15390	79	31	pip	pip	PROPN
fbem-15390	79	32	sum	sum	VERB
fbem-15390	79	33	93.9	93.9	NUM
fbem-15390	79	34	92.4	92.4	NUM
fbem-15390	79	35	90.6	90.6	NUM
fbem-15390	79	36	93.5	93.5	NUM
fbem-15390	79	37	93.4	93.4	NUM
fbem-15390	79	38	(	(	PUNCT
fbem-15390	79	39	lpr	lpr	PROPN
fbem-15390	79	40	,	,	PUNCT
fbem-15390	79	41	lpr+0.5	lpr+0.5	PROPN
fbem-15390	79	42	%	%	NOUN
fbem-15390	79	43	)	)	PUNCT
fbem-15390	79	44	15.2	15.2	NUM
fbem-15390	79	45	19.9	19.9	NUM
fbem-15390	79	46	12.8	12.8	NUM
fbem-15390	79	47	20.0	20.0	NUM
fbem-15390	79	48	30.4	30.4	NUM
fbem-15390	79	49	(	(	PUNCT
fbem-15390	79	50	lpr+0.5	lpr+0.5	PROPN
fbem-15390	79	51	%	%	NOUN
fbem-15390	79	52	,	,	PUNCT
fbem-15390	79	53	lpr+1.5	lpr+1.5	PROPN
fbem-15390	79	54	%	%	NOUN
fbem-15390	79	55	)	)	PUNCT
fbem-15390	79	56	35.9	35.9	NUM
fbem-15390	79	57	27.4	27.4	NUM
fbem-15390	79	58	32.0	32.0	NUM
fbem-15390	79	59	29.8	29.8	NUM
fbem-15390	79	60	28.0	28.0	NUM
fbem-15390	79	61	(	(	PUNCT
fbem-15390	79	62	lpr+1.5	lpr+1.5	PROPN
fbem-15390	79	63	%	%	NOUN
fbem-15390	79	64	,	,	PUNCT
fbem-15390	79	65	lpr+3	lpr+3	PROPN
fbem-15390	79	66	%	%	NOUN
fbem-15390	79	67	)	)	PUNCT
fbem-15390	79	68	13.7	13.7	NUM
fbem-15390	79	69	15.6	15.6	NUM
fbem-15390	79	70	20.0	20.0	NUM
fbem-15390	79	71	17.9	17.9	NUM
fbem-15390	79	72	13.8	13.8	NUM
fbem-15390	79	73	(	(	PUNCT
fbem-15390	79	74	lpr+3	lpr+3	PROPN
fbem-15390	79	75	%	%	NOUN
fbem-15390	79	76	,	,	PUNCT
fbem-15390	79	77	lpr+5	lpr+5	ADJ
fbem-15390	79	78	%	%	NOUN
fbem-15390	79	79	)	)	PUNCT
fbem-15390	79	80	17.6	17.6	NUM
fbem-15390	79	81	16.2	16.2	NUM
fbem-15390	79	82	10.4	10.4	NUM
fbem-15390	79	83	11.6	11.6	NUM
fbem-15390	79	84	13.9	13.9	NUM
fbem-15390	79	85	lpr+5	lpr+5	ADJ
fbem-15390	79	86	%	%	NOUN
fbem-15390	79	87	and	and	CCONJ
fbem-15390	79	88	above	above	ADP
fbem-15390	79	89	11.5	11.5	NUM
fbem-15390	79	90	13.3	13.3	NUM
fbem-15390	79	91	15.4	15.4	NUM
fbem-15390	79	92	14.2	14.2	NUM
fbem-15390	79	93	7.3	7.3	NUM
fbem-15390	79	94	figure	figure	NOUN
fbem-15390	79	95	1	1	NUM
fbem-15390	79	96	.	.	PUNCT
fbem-15390	79	97	share	share	NOUN
fbem-15390	79	98	of	of	ADP
fbem-15390	79	99	each	each	DET
fbem-15390	79	100	interest	interest	NOUN
fbem-15390	79	101	rate	rate	NOUN
fbem-15390	79	102	band	band	NOUN
fbem-15390	79	103	for	for	ADP
fbem-15390	79	104	rmb	rmb	NOUN
fbem-15390	79	105	loans	loan	NOUN
fbem-15390	79	106	of	of	ADP
fbem-15390	79	107	financial	financial	ADJ
fbem-15390	79	108	institutions	institution	NOUN
fbem-15390	79	109	in	in	ADP
fbem-15390	79	110	hainan	hainan	PROPN
fbem-15390	79	111	province	province	PROPN
fbem-15390	79	112	,	,	PUNCT
fbem-15390	79	113	2019	2019	NUM
fbem-15390	79	114	(	(	PUNCT
fbem-15390	79	115	after	after	ADP
fbem-15390	79	116	reform	reform	NOUN
fbem-15390	79	117	)	)	PUNCT
fbem-15390	79	118	unit	unit	NOUN
fbem-15390	79	119	:	:	PUNCT
fbem-15390	79	120	%	%	NOUN
fbem-15390	79	121	data	datum	NOUN
fbem-15390	79	122	source	source	NOUN
fbem-15390	79	123	:	:	PUNCT
fbem-15390	79	124	financial	financial	ADJ
fbem-15390	79	125	operation	operation	NOUN
fbem-15390	79	126	report	report	NOUN
fbem-15390	79	127	of	of	ADP
fbem-15390	79	128	hainan	hainan	PROPN
fbem-15390	79	129	province	province	PROPN
fbem-15390	79	130	(	(	PUNCT
fbem-15390	79	131	2020	2020	NUM
fbem-15390	79	132	)	)	PUNCT
fbem-15390	79	133	.	.	PUNCT
fbem-15390	80	1	the	the	DET
fbem-15390	80	2	magnitude	magnitude	NOUN
fbem-15390	80	3	of	of	ADP
fbem-15390	80	4	cross	cross	ADJ
fbem-15390	80	5	-	-	ADJ
fbem-15390	80	6	border	border	ADJ
fbem-15390	80	7	rmb	rmb	NOUN
fbem-15390	80	8	business	business	NOUN
fbem-15390	80	9	has	have	AUX
fbem-15390	80	10	seen	see	VERB
fbem-15390	80	11	consistent	consistent	ADJ
fbem-15390	80	12	growth	growth	NOUN
fbem-15390	80	13	,	,	PUNCT
fbem-15390	80	14	accompanied	accompany	VERB
fbem-15390	80	15	by	by	ADP
fbem-15390	80	16	an	an	DET
fbem-15390	80	17	expansion	expansion	NOUN
fbem-15390	80	18	of	of	ADP
fbem-15390	80	19	the	the	DET
fbem-15390	80	20	market	market	NOUN
fbem-15390	80	21	base	base	NOUN
fbem-15390	80	22	.	.	PUNCT
fbem-15390	81	1	throughout	throughout	ADP
fbem-15390	81	2	the	the	DET
fbem-15390	81	3	entirety	entirety	NOUN
fbem-15390	81	4	of	of	ADP
fbem-15390	81	5	the	the	DET
fbem-15390	81	6	year	year	NOUN
fbem-15390	81	7	2019	2019	NUM
fbem-15390	81	8	,	,	PUNCT
fbem-15390	81	9	hainan	hainan	PROPN
fbem-15390	81	10	province	province	PROPN
fbem-15390	81	11	witnessed	witness	VERB
fbem-15390	81	12	cross	cross	ADJ
fbem-15390	81	13	-	-	ADJ
fbem-15390	81	14	border	border	ADJ
fbem-15390	81	15	renminbi	renminbi	NOUN
fbem-15390	81	16	(	(	PUNCT
fbem-15390	81	17	rmb	rmb	NOUN
fbem-15390	81	18	)	)	PUNCT
fbem-15390	81	19	settlements	settlement	NOUN
fbem-15390	81	20	with	with	ADP
fbem-15390	81	21	a	a	DET
fbem-15390	81	22	total	total	NOUN
fbem-15390	81	23	of	of	ADP
fbem-15390	81	24	seven	seven	NUM
fbem-15390	81	25	newly	newly	ADV
fbem-15390	81	26	established	establish	VERB
fbem-15390	81	27	countries	country	NOUN
fbem-15390	81	28	or	or	CCONJ
fbem-15390	81	29	regions	region	NOUN
fbem-15390	81	30	.	.	PUNCT
fbem-15390	82	1	additionally	additionally	ADV
fbem-15390	82	2	,	,	PUNCT
fbem-15390	82	3	there	there	PRON
fbem-15390	82	4	was	be	VERB
fbem-15390	82	5	a	a	DET
fbem-15390	82	6	notable	notable	ADJ
fbem-15390	82	7	increase	increase	NOUN
fbem-15390	82	8	in	in	ADP
fbem-15390	82	9	the	the	DET
fbem-15390	82	10	number	number	NOUN
fbem-15390	82	11	of	of	ADP
fbem-15390	82	12	firms	firm	NOUN
fbem-15390	82	13	engaging	engage	VERB
fbem-15390	82	14	in	in	ADP
fbem-15390	82	15	cross	cross	ADJ
fbem-15390	82	16	-	-	ADJ
fbem-15390	82	17	border	border	ADJ
fbem-15390	82	18	rmb	rmb	NOUN
fbem-15390	82	19	transactions	transaction	NOUN
fbem-15390	82	20	,	,	PUNCT
fbem-15390	82	21	with	with	ADP
fbem-15390	82	22	a	a	DET
fbem-15390	82	23	total	total	NOUN
fbem-15390	82	24	of	of	ADP
fbem-15390	82	25	291	291	NUM
fbem-15390	82	26	new	new	ADJ
fbem-15390	82	27	entities	entity	NOUN
fbem-15390	82	28	participating	participate	VERB
fbem-15390	82	29	in	in	ADP
fbem-15390	82	30	such	such	ADJ
fbem-15390	82	31	activities	activity	NOUN
fbem-15390	82	32	.	.	PUNCT
fbem-15390	83	1	between	between	ADP
fbem-15390	83	2	the	the	DET
fbem-15390	83	3	months	month	NOUN
fbem-15390	83	4	of	of	ADP
fbem-15390	83	5	january	january	PROPN
fbem-15390	83	6	and	and	CCONJ
fbem-15390	83	7	november	november	PROPN
fbem-15390	83	8	in	in	ADP
fbem-15390	83	9	the	the	DET
fbem-15390	83	10	year	year	NOUN
fbem-15390	83	11	2020	2020	NUM
fbem-15390	83	12	,	,	PUNCT
fbem-15390	83	13	the	the	DET
fbem-15390	83	14	province	province	NOUN
fbem-15390	83	15	of	of	ADP
fbem-15390	83	16	hainan	hainan	PROPN
fbem-15390	83	17	had	have	VERB
fbem-15390	83	18	a	a	DET
fbem-15390	83	19	notable	notable	ADJ
fbem-15390	83	20	growth	growth	NOUN
fbem-15390	83	21	in	in	ADP
fbem-15390	83	22	its	its	PRON
fbem-15390	83	23	cross	cross	ADJ
fbem-15390	83	24	-	-	ADJ
fbem-15390	83	25	border	border	ADJ
fbem-15390	83	26	rmb	rmb	NOUN
fbem-15390	83	27	revenues	revenue	NOUN
fbem-15390	83	28	and	and	CCONJ
fbem-15390	83	29	payments	payment	NOUN
fbem-15390	83	30	,	,	PUNCT
fbem-15390	83	31	amounting	amount	VERB
fbem-15390	83	32	to	to	ADP
fbem-15390	83	33	26.636	26.636	NUM
fbem-15390	83	34	billion	billion	NUM
fbem-15390	83	35	yuan	yuan	NOUN
fbem-15390	83	36	.	.	PUNCT
fbem-15390	84	1	this	this	DET
fbem-15390	84	2	figure	figure	NOUN
fbem-15390	84	3	represents	represent	VERB
fbem-15390	84	4	a	a	DET
fbem-15390	84	5	substantial	substantial	ADJ
fbem-15390	84	6	yearon	yearon	NOUN
fbem-15390	84	7	-	-	PUNCT
fbem-15390	84	8	year	year	NOUN
fbem-15390	84	9	increase	increase	NOUN
fbem-15390	84	10	of	of	ADP
fbem-15390	84	11	25.1	25.1	NUM
fbem-15390	84	12	percent	percent	NOUN
fbem-15390	84	13	.	.	PUNCT
fbem-15390	85	1	as	as	ADP
fbem-15390	85	2	of	of	ADP
fbem-15390	85	3	november	november	PROPN
fbem-15390	85	4	2020	2020	NUM
fbem-15390	85	5	,	,	PUNCT
fbem-15390	85	6	the	the	DET
fbem-15390	85	7	province	province	NOUN
fbem-15390	85	8	of	of	ADP
fbem-15390	85	9	hainan	hainan	PROPN
fbem-15390	85	10	has	have	VERB
fbem-15390	85	11	a	a	DET
fbem-15390	85	12	total	total	NOUN
fbem-15390	85	13	of	of	ADP
fbem-15390	85	14	3,695	3,695	NUM
fbem-15390	85	15	firms	firm	NOUN
fbem-15390	85	16	engaged	engage	VERB
fbem-15390	85	17	in	in	ADP
fbem-15390	85	18	trade	trade	NOUN
fbem-15390	85	19	-	-	PUNCT
fbem-15390	85	20	related	relate	VERB
fbem-15390	85	21	foreign	foreign	ADJ
fbem-15390	85	22	exchange	exchange	NOUN
fbem-15390	85	23	receipts	receipt	NOUN
fbem-15390	85	24	and	and	CCONJ
fbem-15390	85	25	payments	payment	NOUN
fbem-15390	85	26	.	.	PUNCT
fbem-15390	86	1	among	among	ADP
fbem-15390	86	2	these	these	PRON
fbem-15390	86	3	,	,	PUNCT
fbem-15390	86	4	1,731	1,731	NUM
fbem-15390	86	5	enterprises	enterprise	NOUN
fbem-15390	86	6	were	be	AUX
fbem-15390	86	7	newly	newly	ADV
fbem-15390	86	8	established	establish	VERB
fbem-15390	86	9	,	,	PUNCT
fbem-15390	86	10	indicating	indicate	VERB
fbem-15390	86	11	a	a	DET
fbem-15390	86	12	significant	significant	ADJ
fbem-15390	86	13	year	year	NOUN
fbem-15390	86	14	-	-	PUNCT
fbem-15390	86	15	on	on	ADP
fbem-15390	86	16	-	-	PUNCT
fbem-15390	86	17	year	year	NOUN
fbem-15390	86	18	growth	growth	NOUN
fbem-15390	86	19	of	of	ADP
fbem-15390	86	20	3.9	3.9	NUM
fbem-15390	86	21	times	time	NOUN
fbem-15390	86	22	.	.	PUNCT
fbem-15390	87	1	the	the	DET
fbem-15390	87	2	offshore	offshore	ADJ
fbem-15390	87	3	resale	resale	NOUN
fbem-15390	87	4	trade	trade	NOUN
fbem-15390	87	5	witnessed	witness	VERB
fbem-15390	87	6	a	a	DET
fbem-15390	87	7	significant	significant	ADJ
fbem-15390	87	8	increase	increase	NOUN
fbem-15390	87	9	in	in	ADP
fbem-15390	87	10	the	the	DET
fbem-15390	87	11	scale	scale	NOUN
fbem-15390	87	12	of	of	ADP
fbem-15390	87	13	foreign	foreign	ADJ
fbem-15390	87	14	exchange	exchange	NOUN
fbem-15390	87	15	-	-	PUNCT
fbem-15390	87	16	related	relate	VERB
fbem-15390	87	17	income	income	NOUN
fbem-15390	87	18	and	and	CCONJ
fbem-15390	87	19	expenditure	expenditure	NOUN
fbem-15390	87	20	,	,	PUNCT
fbem-15390	87	21	reaching	reach	VERB
fbem-15390	87	22	a	a	DET
fbem-15390	87	23	total	total	NOUN
fbem-15390	87	24	of	of	ADP
fbem-15390	87	25	usd	usd	NOUN
fbem-15390	87	26	1.25	1.25	NUM
fbem-15390	87	27	billion	billion	NUM
fbem-15390	87	28	.	.	PUNCT
fbem-15390	88	1	this	this	PRON
fbem-15390	88	2	represents	represent	VERB
fbem-15390	88	3	a	a	DET
fbem-15390	88	4	substantial	substantial	ADJ
fbem-15390	88	5	growth	growth	NOUN
fbem-15390	88	6	of	of	ADP
fbem-15390	88	7	8.8	8.8	NUM
fbem-15390	88	8	times	time	NOUN
fbem-15390	88	9	compared	compare	VERB
fbem-15390	88	10	to	to	ADP
fbem-15390	88	11	the	the	DET
fbem-15390	88	12	previous	previous	ADJ
fbem-15390	88	13	year	year	NOUN
fbem-15390	88	14	.	.	PUNCT
fbem-15390	89	1	the	the	DET
fbem-15390	89	2	year	year	NOUN
fbem-15390	89	3	-	-	PUNCT
fbem-15390	89	4	on	on	ADP
fbem-15390	89	5	-	-	PUNCT
fbem-15390	89	6	year	year	NOUN
fbem-15390	89	7	increase	increase	NOUN
fbem-15390	89	8	in	in	ADP
fbem-15390	89	9	foreign	foreign	ADJ
fbem-15390	89	10	exchange	exchange	NOUN
fbem-15390	89	11	payments	payment	NOUN
fbem-15390	89	12	made	make	VERB
fbem-15390	89	13	by	by	ADP
fbem-15390	89	14	offshore	offshore	ADJ
fbem-15390	89	15	tax	tax	NOUN
fbem-15390	89	16	-	-	PUNCT
fbem-15390	89	17	exempt	exempt	ADJ
fbem-15390	89	18	firms	firm	NOUN
fbem-15390	89	19	amounted	amount	VERB
fbem-15390	89	20	to	to	ADP
fbem-15390	89	21	usd	usd	PROPN
fbem-15390	89	22	2.66	2.66	NUM
fbem-15390	89	23	billion	billion	NUM
fbem-15390	89	24	,	,	PUNCT
fbem-15390	89	25	representing	represent	VERB
fbem-15390	89	26	a	a	DET
fbem-15390	89	27	growth	growth	NOUN
fbem-15390	89	28	rate	rate	NOUN
fbem-15390	89	29	of	of	ADP
fbem-15390	89	30	2.2	2.2	NUM
fbem-15390	89	31	times	time	NOUN
fbem-15390	89	32	.	.	PUNCT
fbem-15390	90	1	financial	financial	ADJ
fbem-15390	90	2	reform	reform	NOUN
fbem-15390	90	3	has	have	AUX
fbem-15390	90	4	been	be	AUX
fbem-15390	90	5	consistently	consistently	ADV
fbem-15390	90	6	advocated	advocate	VERB
fbem-15390	90	7	for	for	ADP
fbem-15390	90	8	and	and	CCONJ
fbem-15390	90	9	has	have	AUX
fbem-15390	90	10	resulted	result	VERB
fbem-15390	90	11	in	in	ADP
fbem-15390	90	12	numerous	numerous	ADJ
fbem-15390	90	13	advancements	advancement	NOUN
fbem-15390	90	14	in	in	ADP
fbem-15390	90	15	innovation	innovation	NOUN
fbem-15390	90	16	.	.	PUNCT
fbem-15390	91	1	hainan	hainan	PROPN
fbem-15390	91	2	free	free	PROPN
fbem-15390	91	3	trade	trade	PROPN
fbem-15390	91	4	port	port	NOUN
fbem-15390	91	5	,	,	PUNCT
fbem-15390	91	6	as	as	ADP
fbem-15390	91	7	a	a	DET
fbem-15390	91	8	prominent	prominent	ADJ
fbem-15390	91	9	national	national	ADJ
fbem-15390	91	10	financial	financial	PROPN
fbem-15390	91	11	reform	reform	NOUN
fbem-15390	91	12	pilot	pilot	NOUN
fbem-15390	91	13	,	,	PUNCT
fbem-15390	91	14	has	have	AUX
fbem-15390	91	15	successfully	successfully	ADV
fbem-15390	91	16	implemented	implement	VERB
fbem-15390	91	17	several	several	ADJ
fbem-15390	91	18	pioneering	pioneering	ADJ
fbem-15390	91	19	initiatives	initiative	NOUN
fbem-15390	91	20	within	within	ADP
fbem-15390	91	21	the	the	DET
fbem-15390	91	22	domestic	domestic	ADJ
fbem-15390	91	23	context	context	NOUN
fbem-15390	91	24	.	.	PUNCT
fbem-15390	92	1	china	china	PROPN
fbem-15390	92	2	's	's	PART
fbem-15390	92	3	first	first	ADJ
fbem-15390	92	4	commercial	commercial	ADJ
fbem-15390	92	5	real	real	ADJ
fbem-15390	92	6	estate	estate	NOUN
fbem-15390	92	7	mortgage	mortgage	NOUN
fbem-15390	92	8	-	-	PUNCT
fbem-15390	92	9	backed	back	VERB
fbem-15390	92	10	securities	security	NOUN
fbem-15390	92	11	for	for	ADP
fbem-15390	92	12	tourism	tourism	NOUN
fbem-15390	92	13	and	and	CCONJ
fbem-15390	92	14	vacation	vacation	NOUN
fbem-15390	92	15	destinations	destination	NOUN
fbem-15390	92	16	china	china	PROPN
fbem-15390	92	17	's	's	PART
fbem-15390	92	18	first	first	ADJ
fbem-15390	92	19	domestic	domestic	ADJ
fbem-15390	92	20	and	and	CCONJ
fbem-15390	92	21	foreign	foreign	ADJ
fbem-15390	92	22	specialty	specialty	NOUN
fbem-15390	92	23	drug	drug	NOUN
fbem-15390	92	24	expense	expense	NOUN
fbem-15390	92	25	reimbursement	reimbursement	NOUN
fbem-15390	92	26	medical	medical	ADJ
fbem-15390	92	27	insurance	insurance	NOUN
fbem-15390	92	28	and	and	CCONJ
fbem-15390	92	29	universal	universal	ADJ
fbem-15390	92	30	commercial	commercial	ADJ
fbem-15390	92	31	supplementary	supplementary	ADJ
fbem-15390	92	32	medical	medical	PROPN
fbem-15390	92	33	insurance	insurance	PROPN
fbem-15390	92	34	china	china	PROPN
fbem-15390	92	35	's	's	PART
fbem-15390	92	36	first	first	ADJ
fbem-15390	92	37	qualified	qualified	ADJ
fbem-15390	92	38	foreign	foreign	ADJ
fbem-15390	92	39	limited	limited	ADJ
fbem-15390	92	40	partner	partner	NOUN
fbem-15390	92	41	fund	fund	PROPN
fbem-15390	92	42	china	china	PROPN
fbem-15390	92	43	's	's	PART
fbem-15390	92	44	first	first	ADJ
fbem-15390	92	45	ft	ft	DET
fbem-15390	92	46	full	full	ADV
fbem-15390	92	47	-	-	PUNCT
fbem-15390	92	48	featured	feature	VERB
fbem-15390	92	49	cross	cross	ADJ
fbem-15390	92	50	-	-	ADJ
fbem-15390	92	51	border	border	ADJ
fbem-15390	92	52	two	two	NUM
fbem-15390	92	53	-	-	PUNCT
fbem-15390	92	54	way	way	NOUN
fbem-15390	92	55	rmb	rmb	PROPN
fbem-15390	92	56	fund	fund	NOUN
fbem-15390	92	57	pooling	pool	VERB
fbem-15390	92	58	business	business	NOUN
fbem-15390	92	59	for	for	ADP
fbem-15390	92	60	multinational	multinational	ADJ
fbem-15390	92	61	group	group	NOUN
fbem-15390	92	62	companies	company	NOUN
fbem-15390	92	63	china	china	PROPN
fbem-15390	92	64	's	's	PART
fbem-15390	92	65	first	first	ADJ
fbem-15390	92	66	land	land	NOUN
fbem-15390	92	67	rental	rental	ADJ
fbem-15390	92	68	asset	asset	NOUN
fbem-15390	92	69	securitization	securitization	NOUN
fbem-15390	92	70	products	product	NOUN
fbem-15390	92	71	figure	figure	VERB
fbem-15390	92	72	2"firsts	2"first	NOUN
fbem-15390	92	73	"	"	PUNCT
fbem-15390	92	74	in	in	ADP
fbem-15390	92	75	hainan	hainan	PROPN
fbem-15390	92	76	's	's	PART
fbem-15390	92	77	free	free	PROPN
fbem-15390	92	78	trade	trade	NOUN
fbem-15390	92	79	port	port	NOUN
fbem-15390	92	80	financial	financial	ADJ
fbem-15390	92	81	market	market	NOUN
fbem-15390	92	82	3	3	NUM
fbem-15390	92	83	.	.	PUNCT
fbem-15390	92	84	research	research	NOUN
fbem-15390	92	85	process	process	NOUN
fbem-15390	92	86	3.1	3.1	NUM
fbem-15390	92	87	.	.	PUNCT
fbem-15390	93	1	analysis	analysis	NOUN
fbem-15390	93	2	of	of	ADP
fbem-15390	93	3	the	the	DET
fbem-15390	93	4	evolution	evolution	NOUN
fbem-15390	93	5	of	of	ADP
fbem-15390	93	6	risk	risk	NOUN
fbem-15390	93	7	in	in	ADP
fbem-15390	93	8	digital	digital	ADJ
fbem-15390	93	9	finance	finance	NOUN
fbem-15390	93	10	as	as	ADP
fbem-15390	93	11	distinct	distinct	ADJ
fbem-15390	93	12	from	from	ADP
fbem-15390	93	13	traditional	traditional	ADJ
fbem-15390	93	14	finance	finance	NOUN
fbem-15390	93	15	3.1.1	3.1.1	NOUN
fbem-15390	93	16	.	.	PUNCT
fbem-15390	94	1	liquidity	liquidity	NOUN
fbem-15390	94	2	risk	risk	NOUN
fbem-15390	94	3	the	the	DET
fbem-15390	94	4	market	market	NOUN
fbem-15390	94	5	exhibits	exhibit	VERB
fbem-15390	94	6	notable	notable	ADJ
fbem-15390	94	7	attributes	attribute	NOUN
fbem-15390	94	8	such	such	ADJ
fbem-15390	94	9	as	as	ADP
fbem-15390	94	10	substantial	substantial	ADJ
fbem-15390	94	11	trade	trade	NOUN
fbem-15390	94	12	volumes	volume	NOUN
fbem-15390	94	13	,	,	PUNCT
fbem-15390	94	14	significant	significant	ADJ
fbem-15390	94	15	liquidity	liquidity	NOUN
fbem-15390	94	16	,	,	PUNCT
fbem-15390	94	17	and	and	CCONJ
fbem-15390	94	18	short	short	ADJ
fbem-15390	94	19	maturities	maturity	NOUN
fbem-15390	94	20	,	,	PUNCT
fbem-15390	94	21	hence	hence	ADV
fbem-15390	94	22	rendering	render	VERB
fbem-15390	94	23	the	the	DET
fbem-15390	94	24	issue	issue	NOUN
fbem-15390	94	25	of	of	ADP
fbem-15390	94	26	runs	run	NOUN
fbem-15390	94	27	typically	typically	ADV
fbem-15390	94	28	prevalent	prevalent	ADJ
fbem-15390	94	29	in	in	ADP
fbem-15390	94	30	the	the	DET
fbem-15390	94	31	currency	currency	NOUN
fbem-15390	94	32	market	market	NOUN
fbem-15390	94	33	.	.	PUNCT
fbem-15390	95	1	the	the	DET
fbem-15390	95	2	currency	currency	NOUN
fbem-15390	95	3	market	market	NOUN
fbem-15390	95	4	has	have	VERB
fbem-15390	95	5	a	a	DET
fbem-15390	95	6	relatively	relatively	ADV
fbem-15390	95	7	low	low	ADJ
fbem-15390	95	8	level	level	NOUN
fbem-15390	95	9	of	of	ADP
fbem-15390	95	10	investment	investment	NOUN
fbem-15390	95	11	risk	risk	NOUN
fbem-15390	95	12	,	,	PUNCT
fbem-15390	95	13	which	which	PRON
fbem-15390	95	14	consequently	consequently	ADV
fbem-15390	95	15	garners	garner	VERB
fbem-15390	95	16	significant	significant	ADJ
fbem-15390	95	17	attention	attention	NOUN
fbem-15390	95	18	and	and	CCONJ
fbem-15390	95	19	participation	participation	NOUN
fbem-15390	95	20	from	from	ADP
fbem-15390	95	21	a	a	DET
fbem-15390	95	22	wide	wide	ADJ
fbem-15390	95	23	range	range	NOUN
fbem-15390	95	24	of	of	ADP
fbem-15390	95	25	investors	investor	NOUN
fbem-15390	95	26	.	.	PUNCT
fbem-15390	96	1	nevertheless	nevertheless	ADV
fbem-15390	96	2	,	,	PUNCT
fbem-15390	96	3	in	in	ADP
fbem-15390	96	4	the	the	DET
fbem-15390	96	5	event	event	NOUN
fbem-15390	96	6	of	of	ADP
fbem-15390	96	7	unfavourable	unfavourable	ADJ
fbem-15390	96	8	market	market	NOUN
fbem-15390	96	9	developments	development	NOUN
fbem-15390	96	10	,	,	PUNCT
fbem-15390	96	11	investors	investor	NOUN
fbem-15390	96	12	tend	tend	VERB
fbem-15390	96	13	to	to	PART
fbem-15390	96	14	promptly	promptly	ADV
fbem-15390	96	15	withdraw	withdraw	VERB
fbem-15390	96	16	their	their	PRON
fbem-15390	96	17	investments	investment	NOUN
fbem-15390	96	18	to	to	PART
fbem-15390	96	19	mitigate	mitigate	VERB
fbem-15390	96	20	potential	potential	ADJ
fbem-15390	96	21	losses	loss	NOUN
fbem-15390	96	22	.	.	PUNCT
fbem-15390	97	1	consequently	consequently	ADV
fbem-15390	97	2	,	,	PUNCT
fbem-15390	97	3	financial	financial	ADJ
fbem-15390	97	4	institutions	institution	NOUN
fbem-15390	97	5	that	that	PRON
fbem-15390	97	6	heavily	heavily	ADV
fbem-15390	97	7	rely	rely	VERB
fbem-15390	97	8	on	on	ADP
fbem-15390	97	9	cash	cash	NOUN
fbem-15390	97	10	for	for	ADP
fbem-15390	97	11	investment	investment	NOUN
fbem-15390	97	12	purposes	purpose	NOUN
fbem-15390	97	13	may	may	AUX
fbem-15390	97	14	encounter	encounter	VERB
fbem-15390	97	15	difficulties	difficulty	NOUN
fbem-15390	97	16	in	in	ADP
fbem-15390	97	17	managing	manage	VERB
fbem-15390	97	18	substantial	substantial	ADJ
fbem-15390	97	19	redemption	redemption	NOUN
fbem-15390	97	20	volumes	volume	NOUN
fbem-15390	97	21	within	within	ADP
fbem-15390	97	22	a	a	DET
fbem-15390	97	23	limited	limited	ADJ
fbem-15390	97	24	timeframe	timeframe	NOUN
fbem-15390	97	25	,	,	PUNCT
fbem-15390	97	26	thereby	thereby	ADV
fbem-15390	97	27	instigating	instigate	VERB
fbem-15390	97	28	liquidity	liquidity	NOUN
fbem-15390	97	29	risks	risk	NOUN
fbem-15390	97	30	.	.	PUNCT
fbem-15390	98	1	maturity	maturity	NOUN
fbem-15390	98	2	mismatch	mismatch	NOUN
fbem-15390	98	3	is	be	AUX
fbem-15390	98	4	an	an	DET
fbem-15390	98	5	often	often	ADV
fbem-15390	98	6	observed	observe	VERB
fbem-15390	98	7	issue	issue	NOUN
fbem-15390	98	8	in	in	ADP
fbem-15390	98	9	both	both	CCONJ
fbem-15390	98	10	traditional	traditional	ADJ
fbem-15390	98	11	banking	banking	NOUN
fbem-15390	98	12	institutions	institution	NOUN
fbem-15390	98	13	and	and	CCONJ
fbem-15390	98	14	digital	digital	ADJ
fbem-15390	98	15	financial	financial	ADJ
fbem-15390	98	16	platforms	platform	NOUN
fbem-15390	98	17	.	.	PUNCT
fbem-15390	99	1	commercial	commercial	ADJ
fbem-15390	99	2	banks	bank	NOUN
fbem-15390	99	3	generate	generate	VERB
fbem-15390	99	4	their	their	PRON
fbem-15390	99	5	primary	primary	ADJ
fbem-15390	99	6	source	source	NOUN
fbem-15390	99	7	of	of	ADP
fbem-15390	99	8	profit	profit	NOUN
fbem-15390	99	9	by	by	ADP
fbem-15390	99	10	capitalising	capitalise	VERB
fbem-15390	99	11	on	on	ADP
fbem-15390	99	12	the	the	DET
fbem-15390	99	13	interest	interest	NOUN
fbem-15390	99	14	differential	differential	NOUN
fbem-15390	99	15	between	between	ADP
fbem-15390	99	16	deposits	deposit	NOUN
fbem-15390	99	17	and	and	CCONJ
fbem-15390	99	18	loans	loan	NOUN
fbem-15390	99	19	.	.	PUNCT
fbem-15390	100	1	however	however	ADV
fbem-15390	100	2	,	,	PUNCT
fbem-15390	100	3	when	when	SCONJ
fbem-15390	100	4	there	there	PRON
fbem-15390	100	5	is	be	VERB
fbem-15390	100	6	an	an	DET
fbem-15390	100	7	unjustified	unjustified	ADJ
fbem-15390	100	8	discrepancy	discrepancy	NOUN
fbem-15390	100	9	in	in	ADP
fbem-15390	100	10	the	the	DET
fbem-15390	100	11	maturity	maturity	NOUN
fbem-15390	100	12	of	of	ADP
fbem-15390	100	13	these	these	DET
fbem-15390	100	14	financial	financial	ADJ
fbem-15390	100	15	instruments	instrument	NOUN
fbem-15390	100	16	,	,	PUNCT
fbem-15390	100	17	it	it	PRON
fbem-15390	100	18	becomes	become	VERB
fbem-15390	100	19	very	very	ADV
fbem-15390	100	20	susceptible	susceptible	ADJ
fbem-15390	100	21	to	to	ADP
fbem-15390	100	22	payment	payment	NOUN
fbem-15390	100	23	122	122	NUM
fbem-15390	100	24	difficulties	difficulty	NOUN
fbem-15390	100	25	,	,	PUNCT
fbem-15390	100	26	hence	hence	ADV
fbem-15390	100	27	exposing	expose	VERB
fbem-15390	100	28	the	the	DET
fbem-15390	100	29	bank	bank	NOUN
fbem-15390	100	30	to	to	ADP
fbem-15390	100	31	liquidity	liquidity	NOUN
fbem-15390	100	32	risk	risk	NOUN
fbem-15390	100	33	.	.	PUNCT
fbem-15390	101	1	digital	digital	ADJ
fbem-15390	101	2	financial	financial	ADJ
fbem-15390	101	3	platforms	platform	NOUN
fbem-15390	101	4	,	,	PUNCT
fbem-15390	101	5	like	like	SCONJ
fbem-15390	101	6	"	"	PUNCT
fbem-15390	101	7	yu’e	yu’e	PROPN
fbem-15390	101	8	bao	bao	PROPN
fbem-15390	101	9	"	"	PUNCT
fbem-15390	101	10	and	and	CCONJ
fbem-15390	101	11	"	"	PUNCT
fbem-15390	101	12	wealth	wealth	NOUN
fbem-15390	101	13	"	"	PUNCT
fbem-15390	101	14	exhibit	exhibit	NOUN
fbem-15390	101	15	maturity	maturity	NOUN
fbem-15390	101	16	mismatches	mismatch	NOUN
fbem-15390	101	17	and	and	CCONJ
fbem-15390	101	18	are	be	AUX
fbem-15390	101	19	susceptible	susceptible	ADJ
fbem-15390	101	20	to	to	ADP
fbem-15390	101	21	liquidity	liquidity	NOUN
fbem-15390	101	22	problems	problem	NOUN
fbem-15390	101	23	.	.	PUNCT
fbem-15390	102	1	the	the	DET
fbem-15390	102	2	majority	majority	NOUN
fbem-15390	102	3	of	of	ADP
fbem-15390	102	4	customers	customer	NOUN
fbem-15390	102	5	on	on	ADP
fbem-15390	102	6	digital	digital	ADJ
fbem-15390	102	7	financial	financial	ADJ
fbem-15390	102	8	platforms	platform	NOUN
fbem-15390	102	9	exhibit	exhibit	VERB
fbem-15390	102	10	risk	risk	NOUN
fbem-15390	102	11	aversion	aversion	NOUN
fbem-15390	102	12	tendencies	tendency	NOUN
fbem-15390	102	13	,	,	PUNCT
fbem-15390	102	14	prioritising	prioritise	VERB
fbem-15390	102	15	the	the	DET
fbem-15390	102	16	safety	safety	NOUN
fbem-15390	102	17	of	of	ADP
fbem-15390	102	18	their	their	PRON
fbem-15390	102	19	principal	principal	ADJ
fbem-15390	102	20	investment	investment	NOUN
fbem-15390	102	21	.	.	PUNCT
fbem-15390	103	1	to	to	PART
fbem-15390	103	2	cater	cater	VERB
fbem-15390	103	3	to	to	ADP
fbem-15390	103	4	these	these	DET
fbem-15390	103	5	preferences	preference	NOUN
fbem-15390	103	6	,	,	PUNCT
fbem-15390	103	7	the	the	DET
fbem-15390	103	8	platform	platform	NOUN
fbem-15390	103	9	offers	offer	VERB
fbem-15390	103	10	customers	customer	NOUN
fbem-15390	103	11	the	the	DET
fbem-15390	103	12	option	option	NOUN
fbem-15390	103	13	of	of	ADP
fbem-15390	103	14	t	t	NOUN
fbem-15390	103	15	+	+	CCONJ
fbem-15390	103	16	0	0	NUM
fbem-15390	103	17	redemption	redemption	NOUN
fbem-15390	103	18	,	,	PUNCT
fbem-15390	103	19	allowing	allow	VERB
fbem-15390	103	20	them	they	PRON
fbem-15390	103	21	to	to	PART
fbem-15390	103	22	withdraw	withdraw	VERB
fbem-15390	103	23	their	their	PRON
fbem-15390	103	24	funds	fund	NOUN
fbem-15390	103	25	immediately	immediately	ADV
fbem-15390	103	26	.	.	PUNCT
fbem-15390	104	1	however	however	ADV
fbem-15390	104	2	,	,	PUNCT
fbem-15390	104	3	the	the	DET
fbem-15390	104	4	platform	platform	NOUN
fbem-15390	104	5	itself	itself	PRON
fbem-15390	104	6	does	do	AUX
fbem-15390	104	7	not	not	PART
fbem-15390	104	8	always	always	ADV
fbem-15390	104	9	have	have	VERB
fbem-15390	104	10	the	the	DET
fbem-15390	104	11	capability	capability	NOUN
fbem-15390	104	12	to	to	PART
fbem-15390	104	13	provide	provide	VERB
fbem-15390	104	14	t	t	NOUN
fbem-15390	104	15	+	+	CCONJ
fbem-15390	104	16	0	0	NUM
fbem-15390	104	17	redemption	redemption	NOUN
fbem-15390	104	18	for	for	ADP
fbem-15390	104	19	its	its	PRON
fbem-15390	104	20	own	own	ADJ
fbem-15390	104	21	investments	investment	NOUN
fbem-15390	104	22	.	.	PUNCT
fbem-15390	105	1	in	in	ADP
fbem-15390	105	2	the	the	DET
fbem-15390	105	3	event	event	NOUN
fbem-15390	105	4	of	of	ADP
fbem-15390	105	5	platform	platform	NOUN
fbem-15390	105	6	issues	issue	NOUN
fbem-15390	105	7	or	or	CCONJ
fbem-15390	105	8	market	market	NOUN
fbem-15390	105	9	fluctuations	fluctuation	NOUN
fbem-15390	105	10	,	,	PUNCT
fbem-15390	105	11	a	a	DET
fbem-15390	105	12	significant	significant	ADJ
fbem-15390	105	13	number	number	NOUN
fbem-15390	105	14	of	of	ADP
fbem-15390	105	15	customers	customer	NOUN
fbem-15390	105	16	may	may	AUX
fbem-15390	105	17	seek	seek	VERB
fbem-15390	105	18	to	to	PART
fbem-15390	105	19	redeem	redeem	VERB
fbem-15390	105	20	their	their	PRON
fbem-15390	105	21	investments	investment	NOUN
fbem-15390	105	22	,	,	PUNCT
fbem-15390	105	23	creating	create	VERB
fbem-15390	105	24	a	a	DET
fbem-15390	105	25	challenge	challenge	NOUN
fbem-15390	105	26	for	for	SCONJ
fbem-15390	105	27	the	the	DET
fbem-15390	105	28	platform	platform	NOUN
fbem-15390	105	29	to	to	PART
fbem-15390	105	30	generate	generate	VERB
fbem-15390	105	31	sufficient	sufficient	ADJ
fbem-15390	105	32	cash	cash	NOUN
fbem-15390	105	33	reserves	reserve	NOUN
fbem-15390	105	34	to	to	PART
fbem-15390	105	35	accommodate	accommodate	VERB
fbem-15390	105	36	these	these	DET
fbem-15390	105	37	requests	request	NOUN
fbem-15390	105	38	.	.	PUNCT
fbem-15390	106	1	consequently	consequently	ADV
fbem-15390	106	2	,	,	PUNCT
fbem-15390	106	3	this	this	DET
fbem-15390	106	4	situation	situation	NOUN
fbem-15390	106	5	gives	give	VERB
fbem-15390	106	6	rise	rise	NOUN
fbem-15390	106	7	to	to	ADP
fbem-15390	106	8	liquidity	liquidity	NOUN
fbem-15390	106	9	risk	risk	NOUN
fbem-15390	106	10	.	.	PUNCT
fbem-15390	107	1	liquidity	liquidity	NOUN
fbem-15390	107	2	risk	risk	NOUN
fbem-15390	107	3	is	be	AUX
fbem-15390	107	4	mostly	mostly	ADV
fbem-15390	107	5	induced	induce	VERB
fbem-15390	107	6	by	by	ADP
fbem-15390	107	7	market	market	NOUN
fbem-15390	107	8	fluctuations	fluctuation	NOUN
fbem-15390	107	9	,	,	PUNCT
fbem-15390	107	10	particularly	particularly	ADV
fbem-15390	107	11	as	as	ADP
fbem-15390	107	12	a	a	DET
fbem-15390	107	13	result	result	NOUN
fbem-15390	107	14	of	of	ADP
fbem-15390	107	15	the	the	DET
fbem-15390	107	16	response	response	NOUN
fbem-15390	107	17	of	of	ADP
fbem-15390	107	18	interest	interest	NOUN
fbem-15390	107	19	rates	rate	NOUN
fbem-15390	107	20	.	.	PUNCT
fbem-15390	108	1	interest	interest	NOUN
fbem-15390	108	2	rates	rate	NOUN
fbem-15390	108	3	,	,	PUNCT
fbem-15390	108	4	as	as	ADP
fbem-15390	108	5	a	a	DET
fbem-15390	108	6	mechanism	mechanism	NOUN
fbem-15390	108	7	inside	inside	ADP
fbem-15390	108	8	a	a	DET
fbem-15390	108	9	market	market	NOUN
fbem-15390	108	10	economy	economy	NOUN
fbem-15390	108	11	,	,	PUNCT
fbem-15390	108	12	exert	exert	VERB
fbem-15390	108	13	a	a	DET
fbem-15390	108	14	significant	significant	ADJ
fbem-15390	108	15	regulatory	regulatory	ADJ
fbem-15390	108	16	influence	influence	NOUN
fbem-15390	108	17	on	on	ADP
fbem-15390	108	18	the	the	DET
fbem-15390	108	19	market	market	NOUN
fbem-15390	108	20	,	,	PUNCT
fbem-15390	108	21	hence	hence	ADV
fbem-15390	108	22	impacting	impact	VERB
fbem-15390	108	23	market	market	NOUN
fbem-15390	108	24	prices	price	NOUN
fbem-15390	108	25	,	,	PUNCT
fbem-15390	108	26	investor	investor	NOUN
fbem-15390	108	27	expectations	expectation	NOUN
fbem-15390	108	28	,	,	PUNCT
fbem-15390	108	29	and	and	CCONJ
fbem-15390	108	30	other	other	ADJ
fbem-15390	108	31	related	related	ADJ
fbem-15390	108	32	factors	factor	NOUN
fbem-15390	108	33	.	.	PUNCT
fbem-15390	109	1	when	when	SCONJ
fbem-15390	109	2	alterations	alteration	NOUN
fbem-15390	109	3	in	in	ADP
fbem-15390	109	4	interest	interest	NOUN
fbem-15390	109	5	rates	rate	NOUN
fbem-15390	109	6	occur	occur	VERB
fbem-15390	109	7	,	,	PUNCT
fbem-15390	109	8	they	they	PRON
fbem-15390	109	9	frequently	frequently	ADV
fbem-15390	109	10	result	result	VERB
fbem-15390	109	11	in	in	ADP
fbem-15390	109	12	adverse	adverse	ADJ
fbem-15390	109	13	consequences	consequence	NOUN
fbem-15390	109	14	,	,	PUNCT
fbem-15390	109	15	including	include	VERB
fbem-15390	109	16	the	the	DET
fbem-15390	109	17	emergence	emergence	NOUN
fbem-15390	109	18	of	of	ADP
fbem-15390	109	19	liquidity	liquidity	NOUN
fbem-15390	109	20	problems	problem	NOUN
fbem-15390	109	21	.	.	PUNCT
fbem-15390	110	1	3.1.2	3.1.2	X
fbem-15390	110	2	.	.	PUNCT
fbem-15390	110	3	credit	credit	NOUN
fbem-15390	110	4	risk	risk	NOUN
fbem-15390	110	5	credit	credit	NOUN
fbem-15390	110	6	risk	risk	NOUN
fbem-15390	110	7	,	,	PUNCT
fbem-15390	110	8	also	also	ADV
fbem-15390	110	9	known	know	VERB
fbem-15390	110	10	as	as	ADP
fbem-15390	110	11	default	default	NOUN
fbem-15390	110	12	risk	risk	NOUN
fbem-15390	110	13	,	,	PUNCT
fbem-15390	110	14	refers	refer	VERB
fbem-15390	110	15	to	to	ADP
fbem-15390	110	16	the	the	DET
fbem-15390	110	17	inherent	inherent	ADJ
fbem-15390	110	18	uncertainty	uncertainty	NOUN
fbem-15390	110	19	around	around	ADP
fbem-15390	110	20	the	the	DET
fbem-15390	110	21	possibility	possibility	NOUN
fbem-15390	110	22	that	that	SCONJ
fbem-15390	110	23	one	one	NUM
fbem-15390	110	24	party	party	NOUN
fbem-15390	110	25	involved	involve	VERB
fbem-15390	110	26	in	in	ADP
fbem-15390	110	27	a	a	DET
fbem-15390	110	28	transaction	transaction	NOUN
fbem-15390	110	29	may	may	AUX
fbem-15390	110	30	be	be	AUX
fbem-15390	110	31	unable	unable	ADJ
fbem-15390	110	32	to	to	PART
fbem-15390	110	33	fulfil	fulfil	VERB
fbem-15390	110	34	its	its	PRON
fbem-15390	110	35	contractual	contractual	ADJ
fbem-15390	110	36	commitments	commitment	NOUN
fbem-15390	110	37	in	in	ADP
fbem-15390	110	38	a	a	DET
fbem-15390	110	39	timely	timely	ADJ
fbem-15390	110	40	manner	manner	NOUN
fbem-15390	110	41	,	,	PUNCT
fbem-15390	110	42	leading	lead	VERB
fbem-15390	110	43	to	to	ADP
fbem-15390	110	44	a	a	DET
fbem-15390	110	45	financial	financial	ADJ
fbem-15390	110	46	loss	loss	NOUN
fbem-15390	110	47	for	for	ADP
fbem-15390	110	48	the	the	DET
fbem-15390	110	49	counterparty	counterparty	NOUN
fbem-15390	110	50	.	.	PUNCT
fbem-15390	111	1	the	the	DET
fbem-15390	111	2	primary	primary	ADJ
fbem-15390	111	3	factor	factor	NOUN
fbem-15390	111	4	contributing	contribute	VERB
fbem-15390	111	5	to	to	ADP
fbem-15390	111	6	this	this	DET
fbem-15390	111	7	particular	particular	ADJ
fbem-15390	111	8	sort	sort	NOUN
fbem-15390	111	9	of	of	ADP
fbem-15390	111	10	risk	risk	NOUN
fbem-15390	111	11	is	be	AUX
fbem-15390	111	12	the	the	DET
fbem-15390	111	13	presence	presence	NOUN
fbem-15390	111	14	of	of	ADP
fbem-15390	111	15	knowledge	knowledge	NOUN
fbem-15390	111	16	asymmetry	asymmetry	NOUN
fbem-15390	111	17	between	between	ADP
fbem-15390	111	18	the	the	DET
fbem-15390	111	19	two	two	NUM
fbem-15390	111	20	involved	involved	ADJ
fbem-15390	111	21	parties	party	NOUN
fbem-15390	111	22	.	.	PUNCT
fbem-15390	112	1	the	the	DET
fbem-15390	112	2	credit	credit	NOUN
fbem-15390	112	3	risk	risk	NOUN
fbem-15390	112	4	and	and	CCONJ
fbem-15390	112	5	accompanying	accompany	VERB
fbem-15390	112	6	asset	asset	NOUN
fbem-15390	112	7	price	price	NOUN
fbem-15390	112	8	increase	increase	NOUN
fbem-15390	112	9	as	as	SCONJ
fbem-15390	112	10	the	the	DET
fbem-15390	112	11	information	information	NOUN
fbem-15390	112	12	gap	gap	NOUN
fbem-15390	112	13	between	between	ADP
fbem-15390	112	14	the	the	DET
fbem-15390	112	15	two	two	NUM
fbem-15390	112	16	parties	party	NOUN
fbem-15390	112	17	widens	widen	VERB
fbem-15390	112	18	.	.	PUNCT
fbem-15390	113	1	the	the	DET
fbem-15390	113	2	increasing	increase	VERB
fbem-15390	113	3	advancements	advancement	NOUN
fbem-15390	113	4	in	in	ADP
fbem-15390	113	5	technology	technology	NOUN
fbem-15390	113	6	and	and	CCONJ
fbem-15390	113	7	enhancements	enhancement	NOUN
fbem-15390	113	8	in	in	ADP
fbem-15390	113	9	the	the	DET
fbem-15390	113	10	financial	financial	ADJ
fbem-15390	113	11	system	system	NOUN
fbem-15390	113	12	have	have	AUX
fbem-15390	113	13	accentuated	accentuate	VERB
fbem-15390	113	14	the	the	DET
fbem-15390	113	15	discernible	discernible	ADJ
fbem-15390	113	16	disparity	disparity	NOUN
fbem-15390	113	17	between	between	ADP
fbem-15390	113	18	the	the	DET
fbem-15390	113	19	credit	credit	NOUN
fbem-15390	113	20	risk	risk	NOUN
fbem-15390	113	21	associated	associate	VERB
fbem-15390	113	22	with	with	ADP
fbem-15390	113	23	traditional	traditional	ADJ
fbem-15390	113	24	finance	finance	NOUN
fbem-15390	113	25	and	and	CCONJ
fbem-15390	113	26	digital	digital	ADJ
fbem-15390	113	27	finance	finance	NOUN
fbem-15390	113	28	.	.	PUNCT
fbem-15390	114	1	in	in	ADP
fbem-15390	114	2	the	the	DET
fbem-15390	114	3	realm	realm	NOUN
fbem-15390	114	4	of	of	ADP
fbem-15390	114	5	conventional	conventional	ADJ
fbem-15390	114	6	finance	finance	NOUN
fbem-15390	114	7	,	,	PUNCT
fbem-15390	114	8	the	the	DET
fbem-15390	114	9	extent	extent	NOUN
fbem-15390	114	10	of	of	ADP
fbem-15390	114	11	information	information	NOUN
fbem-15390	114	12	accessible	accessible	ADJ
fbem-15390	114	13	to	to	ADP
fbem-15390	114	14	both	both	DET
fbem-15390	114	15	parties	party	NOUN
fbem-15390	114	16	involved	involve	VERB
fbem-15390	114	17	in	in	ADP
fbem-15390	114	18	a	a	DET
fbem-15390	114	19	transaction	transaction	NOUN
fbem-15390	114	20	is	be	AUX
fbem-15390	114	21	constrained	constrain	VERB
fbem-15390	114	22	,	,	PUNCT
fbem-15390	114	23	hence	hence	ADV
fbem-15390	114	24	elevating	elevate	VERB
fbem-15390	114	25	the	the	DET
fbem-15390	114	26	likelihood	likelihood	NOUN
fbem-15390	114	27	of	of	ADP
fbem-15390	114	28	transactional	transactional	ADJ
fbem-15390	114	29	default	default	NOUN
fbem-15390	114	30	.	.	PUNCT
fbem-15390	115	1	consequently	consequently	ADV
fbem-15390	115	2	,	,	PUNCT
fbem-15390	115	3	the	the	DET
fbem-15390	115	4	return	return	NOUN
fbem-15390	115	5	on	on	ADP
fbem-15390	115	6	assets	asset	NOUN
fbem-15390	115	7	is	be	AUX
fbem-15390	115	8	correspondingly	correspondingly	ADV
fbem-15390	115	9	elevated	elevate	VERB
fbem-15390	115	10	,	,	PUNCT
fbem-15390	115	11	aligning	align	VERB
fbem-15390	115	12	with	with	ADP
fbem-15390	115	13	the	the	DET
fbem-15390	115	14	attributes	attribute	NOUN
fbem-15390	115	15	of	of	ADP
fbem-15390	115	16	heightened	heightened	ADJ
fbem-15390	115	17	risk	risk	NOUN
fbem-15390	115	18	and	and	CCONJ
fbem-15390	115	19	commensurate	commensurate	ADJ
fbem-15390	115	20	return	return	NOUN
fbem-15390	115	21	.	.	PUNCT
fbem-15390	116	1	digital	digital	ADJ
fbem-15390	116	2	finance	finance	NOUN
fbem-15390	116	3	,	,	PUNCT
fbem-15390	116	4	leveraging	leverage	VERB
fbem-15390	116	5	advanced	advanced	ADJ
fbem-15390	116	6	internet	internet	NOUN
fbem-15390	116	7	technology	technology	NOUN
fbem-15390	116	8	,	,	PUNCT
fbem-15390	116	9	overcomes	overcome	VERB
fbem-15390	116	10	the	the	DET
fbem-15390	116	11	constraints	constraint	NOUN
fbem-15390	116	12	and	and	CCONJ
fbem-15390	116	13	delays	delay	NOUN
fbem-15390	116	14	inherent	inherent	ADJ
fbem-15390	116	15	in	in	ADP
fbem-15390	116	16	the	the	DET
fbem-15390	116	17	conventional	conventional	ADJ
fbem-15390	116	18	financial	financial	ADJ
fbem-15390	116	19	framework	framework	NOUN
fbem-15390	116	20	,	,	PUNCT
fbem-15390	116	21	thereby	thereby	ADV
fbem-15390	116	22	expanding	expand	VERB
fbem-15390	116	23	the	the	DET
fbem-15390	116	24	temporal	temporal	ADJ
fbem-15390	116	25	,	,	PUNCT
fbem-15390	116	26	spatial	spatial	ADJ
fbem-15390	116	27	,	,	PUNCT
fbem-15390	116	28	and	and	CCONJ
fbem-15390	116	29	transactional	transactional	ADJ
fbem-15390	116	30	scope	scope	NOUN
fbem-15390	116	31	.	.	PUNCT
fbem-15390	117	1	digital	digital	ADJ
fbem-15390	117	2	finance	finance	NOUN
fbem-15390	117	3	has	have	AUX
fbem-15390	117	4	revolutionised	revolutionise	VERB
fbem-15390	117	5	the	the	DET
fbem-15390	117	6	settlement	settlement	NOUN
fbem-15390	117	7	of	of	ADP
fbem-15390	117	8	financial	financial	ADJ
fbem-15390	117	9	transactions	transaction	NOUN
fbem-15390	117	10	by	by	ADP
fbem-15390	117	11	enabling	enable	VERB
fbem-15390	117	12	them	they	PRON
fbem-15390	117	13	to	to	PART
fbem-15390	117	14	be	be	AUX
fbem-15390	117	15	conducted	conduct	VERB
fbem-15390	117	16	in	in	ADP
fbem-15390	117	17	a	a	DET
fbem-15390	117	18	digital	digital	ADJ
fbem-15390	117	19	format	format	NOUN
fbem-15390	117	20	.	.	PUNCT
fbem-15390	118	1	this	this	DET
fbem-15390	118	2	advancement	advancement	NOUN
fbem-15390	118	3	has	have	AUX
fbem-15390	118	4	resulted	result	VERB
fbem-15390	118	5	in	in	ADP
fbem-15390	118	6	significant	significant	ADJ
fbem-15390	118	7	reductions	reduction	NOUN
fbem-15390	118	8	in	in	ADP
fbem-15390	118	9	both	both	DET
fbem-15390	118	10	time	time	NOUN
fbem-15390	118	11	costs	cost	NOUN
fbem-15390	118	12	and	and	CCONJ
fbem-15390	118	13	artificial	artificial	ADJ
fbem-15390	118	14	operation	operation	NOUN
fbem-15390	118	15	costs	cost	NOUN
fbem-15390	118	16	.	.	PUNCT
fbem-15390	119	1	furthermore	furthermore	ADV
fbem-15390	119	2	,	,	PUNCT
fbem-15390	119	3	digital	digital	ADJ
fbem-15390	119	4	finance	finance	NOUN
fbem-15390	119	5	has	have	AUX
fbem-15390	119	6	transcended	transcend	VERB
fbem-15390	119	7	geographical	geographical	ADJ
fbem-15390	119	8	boundaries	boundary	NOUN
fbem-15390	119	9	,	,	PUNCT
fbem-15390	119	10	thereby	thereby	ADV
fbem-15390	119	11	expanding	expand	VERB
fbem-15390	119	12	the	the	DET
fbem-15390	119	13	geographic	geographic	ADJ
fbem-15390	119	14	scope	scope	NOUN
fbem-15390	119	15	within	within	ADP
fbem-15390	119	16	which	which	PRON
fbem-15390	119	17	transactions	transaction	NOUN
fbem-15390	119	18	can	can	AUX
fbem-15390	119	19	take	take	VERB
fbem-15390	119	20	place	place	NOUN
fbem-15390	119	21	.	.	PUNCT
fbem-15390	120	1	additionally	additionally	ADV
fbem-15390	120	2	,	,	PUNCT
fbem-15390	120	3	it	it	PRON
fbem-15390	120	4	has	have	AUX
fbem-15390	120	5	facilitated	facilitate	VERB
fbem-15390	120	6	transactions	transaction	NOUN
fbem-15390	120	7	between	between	ADP
fbem-15390	120	8	individuals	individual	NOUN
fbem-15390	120	9	who	who	PRON
fbem-15390	120	10	were	be	AUX
fbem-15390	120	11	previously	previously	ADV
fbem-15390	120	12	unfamiliar	unfamiliar	ADJ
fbem-15390	120	13	with	with	ADP
fbem-15390	120	14	each	each	DET
fbem-15390	120	15	other	other	ADJ
fbem-15390	120	16	,	,	PUNCT
fbem-15390	120	17	thereby	thereby	ADV
fbem-15390	120	18	extending	extend	VERB
fbem-15390	120	19	the	the	DET
fbem-15390	120	20	transactional	transactional	ADJ
fbem-15390	120	21	possibilities	possibility	NOUN
fbem-15390	120	22	beyond	beyond	ADP
fbem-15390	120	23	those	those	PRON
fbem-15390	120	24	involving	involve	VERB
fbem-15390	120	25	acquaintances	acquaintance	NOUN
fbem-15390	120	26	.	.	PUNCT
fbem-15390	121	1	simultaneously	simultaneously	ADV
fbem-15390	121	2	,	,	PUNCT
fbem-15390	121	3	digital	digital	ADJ
fbem-15390	121	4	banking	banking	NOUN
fbem-15390	121	5	exhibits	exhibit	NOUN
fbem-15390	121	6	attributes	attribute	VERB
fbem-15390	121	7	such	such	ADJ
fbem-15390	121	8	as	as	ADP
fbem-15390	121	9	transactional	transactional	ADJ
fbem-15390	121	10	openness	openness	NOUN
fbem-15390	121	11	and	and	CCONJ
fbem-15390	121	12	virtuality	virtuality	NOUN
fbem-15390	121	13	,	,	PUNCT
fbem-15390	121	14	which	which	PRON
fbem-15390	121	15	inevitably	inevitably	ADV
fbem-15390	121	16	augment	augment	VERB
fbem-15390	121	17	the	the	DET
fbem-15390	121	18	likelihood	likelihood	NOUN
fbem-15390	121	19	of	of	ADP
fbem-15390	121	20	credit	credit	NOUN
fbem-15390	121	21	risk	risk	NOUN
fbem-15390	121	22	.	.	PUNCT
fbem-15390	122	1	the	the	DET
fbem-15390	122	2	lack	lack	NOUN
fbem-15390	122	3	of	of	ADP
fbem-15390	122	4	synchronisation	synchronisation	NOUN
fbem-15390	122	5	between	between	ADP
fbem-15390	122	6	the	the	DET
fbem-15390	122	7	updating	updating	NOUN
fbem-15390	122	8	and	and	CCONJ
fbem-15390	122	9	iteration	iteration	NOUN
fbem-15390	122	10	of	of	ADP
fbem-15390	122	11	financial	financial	ADJ
fbem-15390	122	12	products	product	NOUN
fbem-15390	122	13	and	and	CCONJ
fbem-15390	122	14	financial	financial	ADJ
fbem-15390	122	15	supervision	supervision	NOUN
fbem-15390	122	16	results	result	NOUN
fbem-15390	122	17	in	in	ADP
fbem-15390	122	18	the	the	DET
fbem-15390	122	19	inability	inability	NOUN
fbem-15390	122	20	of	of	ADP
fbem-15390	122	21	financial	financial	ADJ
fbem-15390	122	22	supervision	supervision	NOUN
fbem-15390	122	23	to	to	PART
fbem-15390	122	24	keep	keep	VERB
fbem-15390	122	25	pace	pace	NOUN
fbem-15390	122	26	with	with	ADP
fbem-15390	122	27	the	the	DET
fbem-15390	122	28	innovation	innovation	NOUN
fbem-15390	122	29	of	of	ADP
fbem-15390	122	30	digital	digital	ADJ
fbem-15390	122	31	financial	financial	ADJ
fbem-15390	122	32	products	product	NOUN
fbem-15390	122	33	.	.	PUNCT
fbem-15390	123	1	this	this	PRON
fbem-15390	123	2	is	be	AUX
fbem-15390	123	3	further	far	ADV
fbem-15390	123	4	compounded	compound	VERB
fbem-15390	123	5	by	by	ADP
fbem-15390	123	6	the	the	DET
fbem-15390	123	7	absence	absence	NOUN
fbem-15390	123	8	of	of	ADP
fbem-15390	123	9	a	a	DET
fbem-15390	123	10	comprehensive	comprehensive	ADJ
fbem-15390	123	11	credit	credit	NOUN
fbem-15390	123	12	system	system	NOUN
fbem-15390	123	13	,	,	PUNCT
fbem-15390	123	14	thereby	thereby	ADV
fbem-15390	123	15	exacerbating	exacerbate	VERB
fbem-15390	123	16	the	the	DET
fbem-15390	123	17	risk	risk	NOUN
fbem-15390	123	18	of	of	ADP
fbem-15390	123	19	credit	credit	NOUN
fbem-15390	123	20	default	default	NOUN
fbem-15390	123	21	.	.	PUNCT
fbem-15390	124	1	3.1.3	3.1.3	X
fbem-15390	124	2	.	.	PUNCT
fbem-15390	124	3	systemic	systemic	ADJ
fbem-15390	124	4	risk	risk	NOUN
fbem-15390	124	5	systemic	systemic	ADJ
fbem-15390	124	6	risk	risk	NOUN
fbem-15390	124	7	,	,	PUNCT
fbem-15390	124	8	alternatively	alternatively	ADV
fbem-15390	124	9	referred	refer	VERB
fbem-15390	124	10	to	to	ADP
fbem-15390	124	11	as	as	ADP
fbem-15390	124	12	non	non	ADJ
fbem-15390	124	13	-	-	ADJ
fbem-15390	124	14	diversifiable	diversifiable	ADJ
fbem-15390	124	15	risk	risk	NOUN
fbem-15390	124	16	,	,	PUNCT
fbem-15390	124	17	pertains	pertain	VERB
fbem-15390	124	18	to	to	ADP
fbem-15390	124	19	the	the	DET
fbem-15390	124	20	type	type	NOUN
fbem-15390	124	21	of	of	ADP
fbem-15390	124	22	risk	risk	NOUN
fbem-15390	124	23	that	that	PRON
fbem-15390	124	24	is	be	AUX
fbem-15390	124	25	incapable	incapable	ADJ
fbem-15390	124	26	of	of	ADP
fbem-15390	124	27	being	be	AUX
fbem-15390	124	28	mitigated	mitigate	VERB
fbem-15390	124	29	through	through	ADP
fbem-15390	124	30	diversification	diversification	NOUN
fbem-15390	124	31	strategies	strategy	NOUN
fbem-15390	124	32	,	,	PUNCT
fbem-15390	124	33	mostly	mostly	ADV
fbem-15390	124	34	owing	owe	VERB
fbem-15390	124	35	to	to	ADP
fbem-15390	124	36	variables	variable	NOUN
fbem-15390	124	37	originating	originate	VERB
fbem-15390	124	38	from	from	ADP
fbem-15390	124	39	within	within	ADP
fbem-15390	124	40	or	or	CCONJ
fbem-15390	124	41	outside	outside	ADP
fbem-15390	124	42	the	the	DET
fbem-15390	124	43	system	system	NOUN
fbem-15390	124	44	.	.	PUNCT
fbem-15390	125	1	the	the	DET
fbem-15390	125	2	potential	potential	NOUN
fbem-15390	125	3	for	for	ADP
fbem-15390	125	4	digital	digital	ADJ
fbem-15390	125	5	financial	financial	ADJ
fbem-15390	125	6	systemic	systemic	ADJ
fbem-15390	125	7	risk	risk	NOUN
fbem-15390	125	8	to	to	PART
fbem-15390	125	9	transform	transform	VERB
fbem-15390	125	10	into	into	ADP
fbem-15390	125	11	a	a	DET
fbem-15390	125	12	financial	financial	ADJ
fbem-15390	125	13	crisis	crisis	NOUN
fbem-15390	125	14	exists	exist	VERB
fbem-15390	125	15	to	to	ADP
fbem-15390	125	16	a	a	DET
fbem-15390	125	17	certain	certain	ADJ
fbem-15390	125	18	degree	degree	NOUN
fbem-15390	125	19	.	.	PUNCT
fbem-15390	126	1	traditional	traditional	ADJ
fbem-15390	126	2	financial	financial	ADJ
fbem-15390	126	3	crises	crisis	NOUN
fbem-15390	126	4	are	be	AUX
fbem-15390	126	5	commonly	commonly	ADV
fbem-15390	126	6	described	describe	VERB
fbem-15390	126	7	as	as	ADP
fbem-15390	126	8	being	be	AUX
fbem-15390	126	9	of	of	ADP
fbem-15390	126	10	substantial	substantial	ADJ
fbem-15390	126	11	magnitude	magnitude	NOUN
fbem-15390	126	12	but	but	CCONJ
fbem-15390	126	13	not	not	PART
fbem-15390	126	14	necessarily	necessarily	ADV
fbem-15390	126	15	catastrophic	catastrophic	ADJ
fbem-15390	126	16	.	.	PUNCT
fbem-15390	127	1	due	due	ADP
fbem-15390	127	2	to	to	ADP
fbem-15390	127	3	their	their	PRON
fbem-15390	127	4	notable	notable	ADJ
fbem-15390	127	5	impact	impact	NOUN
fbem-15390	127	6	,	,	PUNCT
fbem-15390	127	7	the	the	DET
fbem-15390	127	8	majority	majority	NOUN
fbem-15390	127	9	of	of	ADP
fbem-15390	127	10	these	these	DET
fbem-15390	127	11	crises	crisis	NOUN
fbem-15390	127	12	are	be	AUX
fbem-15390	127	13	typically	typically	ADV
fbem-15390	127	14	resolved	resolve	VERB
fbem-15390	127	15	through	through	ADP
fbem-15390	127	16	intervention	intervention	NOUN
fbem-15390	127	17	by	by	ADP
fbem-15390	127	18	government	government	NOUN
fbem-15390	127	19	authorities	authority	NOUN
fbem-15390	127	20	,	,	PUNCT
fbem-15390	127	21	a	a	DET
fbem-15390	127	22	trend	trend	NOUN
fbem-15390	127	23	that	that	PRON
fbem-15390	127	24	is	be	AUX
fbem-15390	127	25	notably	notably	ADV
fbem-15390	127	26	observable	observable	ADJ
fbem-15390	127	27	in	in	ADP
fbem-15390	127	28	financial	financial	ADJ
fbem-15390	127	29	institutions	institution	NOUN
fbem-15390	127	30	like	like	ADP
fbem-15390	127	31	commercial	commercial	ADJ
fbem-15390	127	32	banks	bank	NOUN
fbem-15390	127	33	.	.	PUNCT
fbem-15390	128	1	digital	digital	ADJ
fbem-15390	128	2	finance	finance	NOUN
fbem-15390	128	3	,	,	PUNCT
fbem-15390	128	4	in	in	ADP
fbem-15390	128	5	contrast	contrast	NOUN
fbem-15390	128	6	to	to	ADP
fbem-15390	128	7	traditional	traditional	ADJ
fbem-15390	128	8	finance	finance	NOUN
fbem-15390	128	9	,	,	PUNCT
fbem-15390	128	10	is	be	AUX
fbem-15390	128	11	distinguished	distinguish	VERB
fbem-15390	128	12	by	by	ADP
fbem-15390	128	13	its	its	PRON
fbem-15390	128	14	inherent	inherent	ADJ
fbem-15390	128	15	qualities	quality	NOUN
fbem-15390	128	16	and	and	CCONJ
fbem-15390	128	17	its	its	PRON
fbem-15390	128	18	origin	origin	NOUN
fbem-15390	128	19	from	from	ADP
fbem-15390	128	20	the	the	DET
fbem-15390	128	21	concepts	concept	NOUN
fbem-15390	128	22	of	of	ADP
fbem-15390	128	23	being	be	AUX
fbem-15390	128	24	"	"	PUNCT
fbem-15390	128	25	too	too	ADV
fbem-15390	128	26	interconnected	interconnected	ADJ
fbem-15390	128	27	to	to	PART
fbem-15390	128	28	fail	fail	VERB
fbem-15390	128	29	"	"	PUNCT
fbem-15390	128	30	and	and	CCONJ
fbem-15390	128	31	"	"	PUNCT
fbem-15390	128	32	too	too	ADV
fbem-15390	128	33	fast	fast	ADJ
fbem-15390	128	34	to	to	PART
fbem-15390	128	35	save	save	VERB
fbem-15390	128	36	.	.	PUNCT
fbem-15390	128	37	"	"	PUNCT
fbem-15390	129	1	by	by	ADP
fbem-15390	129	2	leveraging	leverage	VERB
fbem-15390	129	3	computer	computer	NOUN
fbem-15390	129	4	network	network	NOUN
fbem-15390	129	5	technology	technology	NOUN
fbem-15390	129	6	,	,	PUNCT
fbem-15390	129	7	digital	digital	ADJ
fbem-15390	129	8	finance	finance	NOUN
fbem-15390	129	9	overcomes	overcome	VERB
fbem-15390	129	10	the	the	DET
fbem-15390	129	11	limitations	limitation	NOUN
fbem-15390	129	12	of	of	ADP
fbem-15390	129	13	conventional	conventional	ADJ
fbem-15390	129	14	financial	financial	ADJ
fbem-15390	129	15	transactions	transaction	NOUN
fbem-15390	129	16	,	,	PUNCT
fbem-15390	129	17	enabling	enable	VERB
fbem-15390	129	18	the	the	DET
fbem-15390	129	19	integration	integration	NOUN
fbem-15390	129	20	of	of	ADP
fbem-15390	129	21	financial	financial	ADJ
fbem-15390	129	22	markets	market	NOUN
fbem-15390	129	23	across	across	ADP
fbem-15390	129	24	various	various	ADJ
fbem-15390	129	25	temporal	temporal	ADJ
fbem-15390	129	26	and	and	CCONJ
fbem-15390	129	27	spatial	spatial	ADJ
fbem-15390	129	28	boundaries	boundary	NOUN
fbem-15390	129	29	.	.	PUNCT
fbem-15390	130	1	against	against	ADP
fbem-15390	130	2	the	the	DET
fbem-15390	130	3	backdrop	backdrop	NOUN
fbem-15390	130	4	of	of	ADP
fbem-15390	130	5	economic	economic	ADJ
fbem-15390	130	6	globalisation	globalisation	NOUN
fbem-15390	130	7	,	,	PUNCT
fbem-15390	130	8	any	any	DET
fbem-15390	130	9	issues	issue	NOUN
fbem-15390	130	10	arising	arise	VERB
fbem-15390	130	11	within	within	ADP
fbem-15390	130	12	one	one	NUM
fbem-15390	130	13	link	link	NOUN
fbem-15390	130	14	of	of	ADP
fbem-15390	130	15	the	the	DET
fbem-15390	130	16	financial	financial	ADJ
fbem-15390	130	17	system	system	NOUN
fbem-15390	130	18	tend	tend	VERB
fbem-15390	130	19	to	to	PART
fbem-15390	130	20	swiftly	swiftly	ADV
fbem-15390	130	21	propagate	propagate	VERB
fbem-15390	130	22	risks	risk	NOUN
fbem-15390	130	23	outward	outward	ADV
fbem-15390	130	24	,	,	PUNCT
fbem-15390	130	25	ultimately	ultimately	ADV
fbem-15390	130	26	culminating	culminate	VERB
fbem-15390	130	27	in	in	ADP
fbem-15390	130	28	a	a	DET
fbem-15390	130	29	financial	financial	ADJ
fbem-15390	130	30	crisis	crisis	NOUN
fbem-15390	130	31	.	.	PUNCT
fbem-15390	131	1	contemporary	contemporary	ADJ
fbem-15390	131	2	digital	digital	ADJ
fbem-15390	131	3	finance	finance	NOUN
fbem-15390	131	4	places	place	VERB
fbem-15390	131	5	greater	great	ADJ
fbem-15390	131	6	emphasis	emphasis	NOUN
fbem-15390	131	7	on	on	ADP
fbem-15390	131	8	scientific	scientific	ADJ
fbem-15390	131	9	and	and	CCONJ
fbem-15390	131	10	technological	technological	ADJ
fbem-15390	131	11	advancements	advancement	NOUN
fbem-15390	131	12	,	,	PUNCT
fbem-15390	131	13	as	as	ADV
fbem-15390	131	14	well	well	ADV
fbem-15390	131	15	as	as	ADP
fbem-15390	131	16	internet	internet	NOUN
fbem-15390	131	17	technology	technology	NOUN
fbem-15390	131	18	,	,	PUNCT
fbem-15390	131	19	in	in	ADP
fbem-15390	131	20	comparison	comparison	NOUN
fbem-15390	131	21	to	to	ADP
fbem-15390	131	22	conventional	conventional	ADJ
fbem-15390	131	23	finance	finance	NOUN
fbem-15390	131	24	.	.	PUNCT
fbem-15390	132	1	it	it	PRON
fbem-15390	132	2	exhibits	exhibit	VERB
fbem-15390	132	3	a	a	DET
fbem-15390	132	4	higher	high	ADJ
fbem-15390	132	5	degree	degree	NOUN
fbem-15390	132	6	of	of	ADP
fbem-15390	132	7	information	information	NOUN
fbem-15390	132	8	disclosure	disclosure	NOUN
fbem-15390	132	9	and	and	CCONJ
fbem-15390	132	10	dissemination	dissemination	NOUN
fbem-15390	132	11	velocity	velocity	NOUN
fbem-15390	132	12	.	.	PUNCT
fbem-15390	133	1	digital	digital	ADJ
fbem-15390	133	2	finance	finance	NOUN
fbem-15390	133	3	operates	operate	VERB
fbem-15390	133	4	within	within	ADP
fbem-15390	133	5	a	a	DET
fbem-15390	133	6	comprehensive	comprehensive	ADJ
fbem-15390	133	7	information	information	NOUN
fbem-15390	133	8	chain	chain	NOUN
fbem-15390	133	9	,	,	PUNCT
fbem-15390	133	10	enabling	enable	VERB
fbem-15390	133	11	rapid	rapid	ADJ
fbem-15390	133	12	transaction	transaction	NOUN
fbem-15390	133	13	processing	processing	NOUN
fbem-15390	133	14	.	.	PUNCT
fbem-15390	134	1	however	however	ADV
fbem-15390	134	2	,	,	PUNCT
fbem-15390	134	3	any	any	DET
fbem-15390	134	4	disruption	disruption	NOUN
fbem-15390	134	5	in	in	ADP
fbem-15390	134	6	a	a	DET
fbem-15390	134	7	single	single	ADJ
fbem-15390	134	8	link	link	NOUN
fbem-15390	134	9	within	within	ADP
fbem-15390	134	10	this	this	DET
fbem-15390	134	11	chain	chain	NOUN
fbem-15390	134	12	can	can	AUX
fbem-15390	134	13	lead	lead	VERB
fbem-15390	134	14	to	to	ADP
fbem-15390	134	15	an	an	DET
fbem-15390	134	16	immediate	immediate	ADJ
fbem-15390	134	17	collapse	collapse	NOUN
fbem-15390	134	18	of	of	ADP
fbem-15390	134	19	the	the	DET
fbem-15390	134	20	entire	entire	ADJ
fbem-15390	134	21	information	information	NOUN
fbem-15390	134	22	network	network	NOUN
fbem-15390	134	23	,	,	PUNCT
fbem-15390	134	24	posing	pose	VERB
fbem-15390	134	25	challenges	challenge	NOUN
fbem-15390	134	26	for	for	ADP
fbem-15390	134	27	timely	timely	ADJ
fbem-15390	134	28	remediation	remediation	NOUN
fbem-15390	134	29	.	.	PUNCT
fbem-15390	135	1	3.2	3.2	NUM
fbem-15390	135	2	.	.	PUNCT
fbem-15390	136	1	the	the	DET
fbem-15390	136	2	dilemma	dilemma	NOUN
fbem-15390	136	3	of	of	ADP
fbem-15390	136	4	digital	digital	ADJ
fbem-15390	136	5	financial	financial	ADJ
fbem-15390	136	6	risk	risk	NOUN
fbem-15390	136	7	management	management	NOUN
fbem-15390	136	8	3.2.1	3.2.1	NUM
fbem-15390	136	9	.	.	PUNCT
fbem-15390	136	10	risk	risk	NOUN
fbem-15390	136	11	transmission	transmission	NOUN
fbem-15390	136	12	and	and	CCONJ
fbem-15390	136	13	evolution	evolution	NOUN
fbem-15390	136	14	of	of	ADP
fbem-15390	136	15	digital	digital	ADJ
fbem-15390	136	16	finance	finance	NOUN
fbem-15390	136	17	is	be	AUX
fbem-15390	136	18	fast	fast	ADV
fbem-15390	136	19	the	the	DET
fbem-15390	136	20	digital	digital	ADJ
fbem-15390	136	21	financial	financial	ADJ
fbem-15390	136	22	system	system	NOUN
fbem-15390	136	23	operates	operate	VERB
fbem-15390	136	24	as	as	ADP
fbem-15390	136	25	an	an	DET
fbem-15390	136	26	interconnected	interconnected	ADJ
fbem-15390	136	27	mechanism	mechanism	NOUN
fbem-15390	136	28	,	,	PUNCT
fbem-15390	136	29	wherein	wherein	SCONJ
fbem-15390	136	30	a	a	DET
fbem-15390	136	31	singular	singular	ADJ
fbem-15390	136	32	risk	risk	NOUN
fbem-15390	136	33	event	event	NOUN
fbem-15390	136	34	possesses	possess	VERB
fbem-15390	136	35	the	the	DET
fbem-15390	136	36	potential	potential	NOUN
fbem-15390	136	37	to	to	PART
fbem-15390	136	38	exert	exert	VERB
fbem-15390	136	39	a	a	DET
fbem-15390	136	40	significant	significant	ADJ
fbem-15390	136	41	influence	influence	NOUN
fbem-15390	136	42	on	on	ADP
fbem-15390	136	43	the	the	DET
fbem-15390	136	44	entirety	entirety	NOUN
fbem-15390	136	45	of	of	ADP
fbem-15390	136	46	such	such	ADJ
fbem-15390	136	47	system	system	NOUN
fbem-15390	136	48	.	.	PUNCT
fbem-15390	137	1	the	the	DET
fbem-15390	137	2	transmission	transmission	NOUN
fbem-15390	137	3	of	of	ADP
fbem-15390	137	4	these	these	DET
fbem-15390	137	5	risks	risk	NOUN
fbem-15390	137	6	has	have	VERB
fbem-15390	137	7	implications	implication	NOUN
fbem-15390	137	8	not	not	PART
fbem-15390	137	9	only	only	ADV
fbem-15390	137	10	for	for	ADP
fbem-15390	137	11	the	the	DET
fbem-15390	137	12	digital	digital	ADJ
fbem-15390	137	13	financial	financial	ADJ
fbem-15390	137	14	system	system	NOUN
fbem-15390	137	15	,	,	PUNCT
fbem-15390	137	16	but	but	CCONJ
fbem-15390	137	17	also	also	ADV
fbem-15390	137	18	for	for	ADP
fbem-15390	137	19	the	the	DET
fbem-15390	137	20	broader	broad	ADJ
fbem-15390	137	21	financial	financial	ADJ
fbem-15390	137	22	system	system	NOUN
fbem-15390	137	23	and	and	CCONJ
fbem-15390	137	24	potentially	potentially	ADV
fbem-15390	137	25	other	other	ADJ
fbem-15390	137	26	markets	market	NOUN
fbem-15390	137	27	and	and	CCONJ
fbem-15390	137	28	sectors	sector	NOUN
fbem-15390	137	29	.	.	PUNCT
fbem-15390	138	1	the	the	DET
fbem-15390	138	2	inherent	inherent	ADJ
fbem-15390	138	3	intricacy	intricacy	NOUN
fbem-15390	138	4	of	of	ADP
fbem-15390	138	5	digital	digital	ADJ
fbem-15390	138	6	financial	financial	ADJ
fbem-15390	138	7	hazards	hazard	NOUN
fbem-15390	138	8	gives	give	VERB
fbem-15390	138	9	rise	rise	NOUN
fbem-15390	138	10	to	to	ADP
fbem-15390	138	11	the	the	DET
fbem-15390	138	12	possibility	possibility	NOUN
fbem-15390	138	13	of	of	ADP
fbem-15390	138	14	additional	additional	ADJ
fbem-15390	138	15	complexities	complexity	NOUN
fbem-15390	138	16	in	in	ADP
fbem-15390	138	17	the	the	DET
fbem-15390	138	18	transmission	transmission	NOUN
fbem-15390	138	19	process	process	NOUN
fbem-15390	138	20	,	,	PUNCT
fbem-15390	138	21	resulting	result	VERB
fbem-15390	138	22	in	in	ADP
fbem-15390	138	23	the	the	DET
fbem-15390	138	24	emergence	emergence	NOUN
fbem-15390	138	25	of	of	ADP
fbem-15390	138	26	novel	novel	ADJ
fbem-15390	138	27	forms	form	NOUN
fbem-15390	138	28	of	of	ADP
fbem-15390	138	29	risk	risk	NOUN
fbem-15390	138	30	.	.	PUNCT
fbem-15390	139	1	one	one	NUM
fbem-15390	139	2	of	of	ADP
fbem-15390	139	3	the	the	DET
fbem-15390	139	4	contributing	contribute	VERB
fbem-15390	139	5	factors	factor	NOUN
fbem-15390	139	6	to	to	ADP
fbem-15390	139	7	the	the	DET
fbem-15390	139	8	transfer	transfer	NOUN
fbem-15390	139	9	of	of	ADP
fbem-15390	139	10	risk	risk	NOUN
fbem-15390	139	11	is	be	AUX
fbem-15390	139	12	the	the	DET
fbem-15390	139	13	presence	presence	NOUN
fbem-15390	139	14	of	of	ADP
fbem-15390	139	15	information	information	NOUN
fbem-15390	139	16	asymmetry	asymmetry	NOUN
fbem-15390	139	17	.	.	PUNCT
fbem-15390	140	1	the	the	DET
fbem-15390	140	2	risk	risk	NOUN
fbem-15390	140	3	assessment	assessment	NOUN
fbem-15390	140	4	of	of	ADP
fbem-15390	140	5	digital	digital	ADJ
fbem-15390	140	6	financial	financial	ADJ
fbem-15390	140	7	products	product	NOUN
fbem-15390	140	8	holds	hold	VERB
fbem-15390	140	9	significant	significant	ADJ
fbem-15390	140	10	importance	importance	NOUN
fbem-15390	140	11	throughout	throughout	ADP
fbem-15390	140	12	the	the	DET
fbem-15390	140	13	execution	execution	NOUN
fbem-15390	140	14	of	of	ADP
fbem-15390	140	15	digital	digital	ADJ
fbem-15390	140	16	financial	financial	ADJ
fbem-15390	140	17	business	business	NOUN
fbem-15390	140	18	activities	activity	NOUN
fbem-15390	140	19	.	.	PUNCT
fbem-15390	141	1	any	any	DET
fbem-15390	141	2	inaccuracies	inaccuracy	NOUN
fbem-15390	141	3	in	in	ADP
fbem-15390	141	4	the	the	DET
fbem-15390	141	5	risk	risk	NOUN
fbem-15390	141	6	assessment	assessment	NOUN
fbem-15390	141	7	can	can	AUX
fbem-15390	141	8	potentially	potentially	ADV
fbem-15390	141	9	result	result	VERB
fbem-15390	141	10	in	in	ADP
fbem-15390	141	11	substantial	substantial	ADJ
fbem-15390	141	12	losses	loss	NOUN
fbem-15390	141	13	for	for	ADP
fbem-15390	141	14	investors	investor	NOUN
fbem-15390	141	15	or	or	CCONJ
fbem-15390	141	16	institutions	institution	NOUN
fbem-15390	141	17	.	.	PUNCT
fbem-15390	142	1	cross	cross	ADJ
fbem-15390	142	2	-	-	ADJ
fbem-15390	142	3	market	market	ADJ
fbem-15390	142	4	risk	risk	NOUN
fbem-15390	142	5	is	be	AUX
fbem-15390	142	6	an	an	DET
fbem-15390	142	7	additional	additional	ADJ
fbem-15390	142	8	element	element	NOUN
fbem-15390	142	9	of	of	ADP
fbem-15390	142	10	risk	risk	NOUN
fbem-15390	142	11	transfer	transfer	NOUN
fbem-15390	142	12	.	.	PUNCT
fbem-15390	143	1	the	the	DET
fbem-15390	143	2	domain	domain	NOUN
fbem-15390	143	3	of	of	ADP
fbem-15390	143	4	digital	digital	ADJ
fbem-15390	143	5	financial	financial	ADJ
fbem-15390	143	6	industry	industry	NOUN
fbem-15390	143	7	encompasses	encompass	VERB
fbem-15390	143	8	a	a	DET
fbem-15390	143	9	vast	vast	ADJ
fbem-15390	143	10	array	array	NOUN
fbem-15390	143	11	of	of	ADP
fbem-15390	143	12	activities	activity	NOUN
fbem-15390	143	13	.	.	PUNCT
fbem-15390	144	1	in	in	ADP
fbem-15390	144	2	the	the	DET
fbem-15390	144	3	event	event	NOUN
fbem-15390	144	4	of	of	ADP
fbem-15390	144	5	a	a	DET
fbem-15390	144	6	risk	risk	NOUN
fbem-15390	144	7	materialising	materialise	VERB
fbem-15390	144	8	,	,	PUNCT
fbem-15390	144	9	it	it	PRON
fbem-15390	144	10	has	have	VERB
fbem-15390	144	11	the	the	DET
fbem-15390	144	12	potential	potential	NOUN
fbem-15390	144	13	to	to	PART
fbem-15390	144	14	propagate	propagate	VERB
fbem-15390	144	15	across	across	ADP
fbem-15390	144	16	several	several	ADJ
fbem-15390	144	17	sectors	sector	NOUN
fbem-15390	144	18	and	and	CCONJ
fbem-15390	144	19	markets	market	NOUN
fbem-15390	144	20	,	,	PUNCT
fbem-15390	144	21	thus	thus	ADV
fbem-15390	144	22	impacting	impact	VERB
fbem-15390	144	23	the	the	DET
fbem-15390	144	24	entirety	entirety	NOUN
fbem-15390	144	25	of	of	ADP
fbem-15390	144	26	the	the	DET
fbem-15390	144	27	financial	financial	ADJ
fbem-15390	144	28	market	market	NOUN
fbem-15390	144	29	.	.	PUNCT
fbem-15390	145	1	the	the	DET
fbem-15390	145	2	technical	technical	ADJ
fbem-15390	145	3	infrastructure	infrastructure	NOUN
fbem-15390	145	4	serves	serve	VERB
fbem-15390	145	5	as	as	ADP
fbem-15390	145	6	the	the	DET
fbem-15390	145	7	fundamental	fundamental	ADJ
fbem-15390	145	8	component	component	NOUN
fbem-15390	145	9	of	of	ADP
fbem-15390	145	10	digital	digital	ADJ
fbem-15390	145	11	finance	finance	NOUN
fbem-15390	145	12	,	,	PUNCT
fbem-15390	145	13	and	and	CCONJ
fbem-15390	145	14	the	the	DET
fbem-15390	145	15	progress	progress	NOUN
fbem-15390	145	16	of	of	ADP
fbem-15390	145	17	digital	digital	ADJ
fbem-15390	145	18	financial	financial	ADJ
fbem-15390	145	19	operations	operation	NOUN
fbem-15390	145	20	depends	depend	VERB
fbem-15390	145	21	on	on	ADP
fbem-15390	145	22	a	a	DET
fbem-15390	145	23	diverse	diverse	ADJ
fbem-15390	145	24	range	range	NOUN
fbem-15390	145	25	of	of	ADP
fbem-15390	145	26	technologies	technology	NOUN
fbem-15390	145	27	.	.	PUNCT
fbem-15390	146	1	however	however	ADV
fbem-15390	146	2	,	,	PUNCT
fbem-15390	146	3	in	in	ADP
fbem-15390	146	4	instances	instance	NOUN
fbem-15390	146	5	where	where	SCONJ
fbem-15390	146	6	technological	technological	ADJ
fbem-15390	146	7	advancements	advancement	NOUN
fbem-15390	146	8	are	be	AUX
fbem-15390	146	9	incomplete	incomplete	ADJ
fbem-15390	146	10	or	or	CCONJ
fbem-15390	146	11	vulnerabilities	vulnerability	NOUN
fbem-15390	146	12	exist	exist	VERB
fbem-15390	146	13	,	,	PUNCT
fbem-15390	146	14	there	there	PRON
fbem-15390	146	15	is	be	VERB
fbem-15390	146	16	a	a	DET
fbem-15390	146	17	potential	potential	NOUN
fbem-15390	146	18	for	for	ADP
fbem-15390	146	19	system	system	NOUN
fbem-15390	146	20	failure	failure	NOUN
fbem-15390	146	21	or	or	CCONJ
fbem-15390	146	22	unauthorised	unauthorised	ADJ
fbem-15390	146	23	access	access	NOUN
fbem-15390	146	24	to	to	ADP
fbem-15390	146	25	data	datum	NOUN
fbem-15390	146	26	,	,	PUNCT
fbem-15390	146	27	consequently	consequently	ADV
fbem-15390	146	28	giving	give	VERB
fbem-15390	146	29	rise	rise	NOUN
fbem-15390	146	30	to	to	ADP
fbem-15390	146	31	a	a	DET
fbem-15390	146	32	multitude	multitude	NOUN
fbem-15390	146	33	of	of	ADP
fbem-15390	146	34	risks	risk	NOUN
fbem-15390	146	35	.	.	PUNCT
fbem-15390	147	1	diverse	diverse	ADJ
fbem-15390	147	2	123	123	NUM
fbem-15390	147	3	countries	country	NOUN
fbem-15390	147	4	or	or	CCONJ
fbem-15390	147	5	areas	area	NOUN
fbem-15390	147	6	may	may	AUX
fbem-15390	147	7	exhibit	exhibit	VERB
fbem-15390	147	8	variations	variation	NOUN
fbem-15390	147	9	in	in	ADP
fbem-15390	147	10	regulatory	regulatory	ADJ
fbem-15390	147	11	norms	norm	NOUN
fbem-15390	147	12	,	,	PUNCT
fbem-15390	147	13	which	which	PRON
fbem-15390	147	14	in	in	ADP
fbem-15390	147	15	turn	turn	NOUN
fbem-15390	147	16	can	can	AUX
fbem-15390	147	17	lead	lead	VERB
fbem-15390	147	18	to	to	ADP
fbem-15390	147	19	the	the	DET
fbem-15390	147	20	propagation	propagation	NOUN
fbem-15390	147	21	of	of	ADP
fbem-15390	147	22	digital	digital	ADJ
fbem-15390	147	23	financial	financial	ADJ
fbem-15390	147	24	risks	risk	NOUN
fbem-15390	147	25	.	.	PUNCT
fbem-15390	148	1	the	the	DET
fbem-15390	148	2	primary	primary	ADJ
fbem-15390	148	3	catalysts	catalyst	NOUN
fbem-15390	148	4	for	for	ADP
fbem-15390	148	5	the	the	DET
fbem-15390	148	6	progression	progression	NOUN
fbem-15390	148	7	of	of	ADP
fbem-15390	148	8	digital	digital	ADJ
fbem-15390	148	9	financial	financial	ADJ
fbem-15390	148	10	risk	risk	NOUN
fbem-15390	148	11	are	be	AUX
fbem-15390	148	12	credit	credit	NOUN
fbem-15390	148	13	,	,	PUNCT
fbem-15390	148	14	legal	legal	ADJ
fbem-15390	148	15	,	,	PUNCT
fbem-15390	148	16	technological	technological	ADJ
fbem-15390	148	17	,	,	PUNCT
fbem-15390	148	18	and	and	CCONJ
fbem-15390	148	19	market	market	NOUN
fbem-15390	148	20	elements	element	NOUN
fbem-15390	148	21	.	.	PUNCT
fbem-15390	149	1	credit	credit	NOUN
fbem-15390	149	2	risk	risk	NOUN
fbem-15390	149	3	,	,	PUNCT
fbem-15390	149	4	being	be	AUX
fbem-15390	149	5	a	a	DET
fbem-15390	149	6	non	non	ADJ
fbem-15390	149	7	-	-	ADJ
fbem-15390	149	8	systemic	systemic	ADJ
fbem-15390	149	9	risk	risk	NOUN
fbem-15390	149	10	,	,	PUNCT
fbem-15390	149	11	possesses	possess	VERB
fbem-15390	149	12	the	the	DET
fbem-15390	149	13	potential	potential	NOUN
fbem-15390	149	14	for	for	ADP
fbem-15390	149	15	diversification	diversification	NOUN
fbem-15390	149	16	,	,	PUNCT
fbem-15390	149	17	albeit	albeit	SCONJ
fbem-15390	149	18	not	not	PART
fbem-15390	149	19	complete	complete	VERB
fbem-15390	149	20	diversification	diversification	NOUN
fbem-15390	149	21	.	.	PUNCT
fbem-15390	150	1	consequently	consequently	ADV
fbem-15390	150	2	,	,	PUNCT
fbem-15390	150	3	digital	digital	ADJ
fbem-15390	150	4	financial	financial	ADJ
fbem-15390	150	5	platforms	platform	NOUN
fbem-15390	150	6	may	may	AUX
fbem-15390	150	7	incur	incur	VERB
fbem-15390	150	8	losses	loss	NOUN
fbem-15390	150	9	in	in	ADP
fbem-15390	150	10	the	the	DET
fbem-15390	150	11	presence	presence	NOUN
fbem-15390	150	12	of	of	ADP
fbem-15390	150	13	credit	credit	NOUN
fbem-15390	150	14	risk	risk	NOUN
fbem-15390	150	15	.	.	PUNCT
fbem-15390	151	1	the	the	DET
fbem-15390	151	2	development	development	NOUN
fbem-15390	151	3	of	of	ADP
fbem-15390	151	4	digital	digital	ADJ
fbem-15390	151	5	finance	finance	NOUN
fbem-15390	151	6	necessitates	necessitate	VERB
fbem-15390	151	7	reliance	reliance	NOUN
fbem-15390	151	8	on	on	ADP
fbem-15390	151	9	legal	legal	ADJ
fbem-15390	151	10	support	support	NOUN
fbem-15390	151	11	and	and	CCONJ
fbem-15390	151	12	supervision	supervision	NOUN
fbem-15390	151	13	to	to	PART
fbem-15390	151	14	mitigate	mitigate	VERB
fbem-15390	151	15	legal	legal	ADJ
fbem-15390	151	16	risks	risk	NOUN
fbem-15390	151	17	.	.	PUNCT
fbem-15390	152	1	however	however	ADV
fbem-15390	152	2	,	,	PUNCT
fbem-15390	152	3	financial	financial	ADJ
fbem-15390	152	4	regulation	regulation	NOUN
fbem-15390	152	5	often	often	ADV
fbem-15390	152	6	lags	lag	VERB
fbem-15390	152	7	behind	behind	ADP
fbem-15390	152	8	financial	financial	ADJ
fbem-15390	152	9	development	development	NOUN
fbem-15390	152	10	,	,	PUNCT
fbem-15390	152	11	a	a	DET
fbem-15390	152	12	characteristic	characteristic	NOUN
fbem-15390	152	13	that	that	PRON
fbem-15390	152	14	is	be	AUX
fbem-15390	152	15	particularly	particularly	ADV
fbem-15390	152	16	evident	evident	ADJ
fbem-15390	152	17	in	in	ADP
fbem-15390	152	18	digital	digital	ADJ
fbem-15390	152	19	finance	finance	NOUN
fbem-15390	152	20	due	due	ADP
fbem-15390	152	21	to	to	ADP
fbem-15390	152	22	its	its	PRON
fbem-15390	152	23	innovative	innovative	ADJ
fbem-15390	152	24	nature	nature	NOUN
fbem-15390	152	25	.	.	PUNCT
fbem-15390	153	1	consequently	consequently	ADV
fbem-15390	153	2	,	,	PUNCT
fbem-15390	153	3	insufficient	insufficient	ADJ
fbem-15390	153	4	regulation	regulation	NOUN
fbem-15390	153	5	exacerbates	exacerbate	VERB
fbem-15390	153	6	the	the	DET
fbem-15390	153	7	emergence	emergence	NOUN
fbem-15390	153	8	and	and	CCONJ
fbem-15390	153	9	evolution	evolution	NOUN
fbem-15390	153	10	of	of	ADP
fbem-15390	153	11	digital	digital	ADJ
fbem-15390	153	12	financial	financial	ADJ
fbem-15390	153	13	risks	risk	NOUN
fbem-15390	153	14	.	.	PUNCT
fbem-15390	154	1	the	the	DET
fbem-15390	154	2	influence	influence	NOUN
fbem-15390	154	3	of	of	ADP
fbem-15390	154	4	technological	technological	ADJ
fbem-15390	154	5	hazards	hazard	NOUN
fbem-15390	154	6	on	on	ADP
fbem-15390	154	7	digital	digital	ADJ
fbem-15390	154	8	finance	finance	NOUN
fbem-15390	154	9	is	be	AUX
fbem-15390	154	10	significant	significant	ADJ
fbem-15390	154	11	,	,	PUNCT
fbem-15390	154	12	as	as	SCONJ
fbem-15390	154	13	the	the	DET
fbem-15390	154	14	assurance	assurance	NOUN
fbem-15390	154	15	provided	provide	VERB
fbem-15390	154	16	by	by	ADP
fbem-15390	154	17	technology	technology	NOUN
fbem-15390	154	18	is	be	AUX
fbem-15390	154	19	crucial	crucial	ADJ
fbem-15390	154	20	for	for	ADP
fbem-15390	154	21	ensuring	ensure	VERB
fbem-15390	154	22	the	the	DET
fbem-15390	154	23	safety	safety	NOUN
fbem-15390	154	24	and	and	CCONJ
fbem-15390	154	25	dependability	dependability	NOUN
fbem-15390	154	26	of	of	ADP
fbem-15390	154	27	digital	digital	ADJ
fbem-15390	154	28	financial	financial	ADJ
fbem-15390	154	29	systems	system	NOUN
fbem-15390	154	30	.	.	PUNCT
fbem-15390	155	1	market	market	NOUN
fbem-15390	155	2	volatility	volatility	NOUN
fbem-15390	155	3	frequently	frequently	ADV
fbem-15390	155	4	leads	lead	VERB
fbem-15390	155	5	to	to	ADP
fbem-15390	155	6	price	price	NOUN
fbem-15390	155	7	variations	variation	NOUN
fbem-15390	155	8	in	in	ADP
fbem-15390	155	9	financial	financial	ADJ
fbem-15390	155	10	products	product	NOUN
fbem-15390	155	11	,	,	PUNCT
fbem-15390	155	12	including	include	VERB
fbem-15390	155	13	digital	digital	ADJ
fbem-15390	155	14	financial	financial	ADJ
fbem-15390	155	15	products	product	NOUN
fbem-15390	155	16	.	.	PUNCT
fbem-15390	156	1	however	however	ADV
fbem-15390	156	2	,	,	PUNCT
fbem-15390	156	3	it	it	PRON
fbem-15390	156	4	is	be	AUX
fbem-15390	156	5	important	important	ADJ
fbem-15390	156	6	to	to	PART
fbem-15390	156	7	note	note	VERB
fbem-15390	156	8	that	that	SCONJ
fbem-15390	156	9	market	market	NOUN
fbem-15390	156	10	fluctuations	fluctuation	NOUN
fbem-15390	156	11	can	can	AUX
fbem-15390	156	12	have	have	VERB
fbem-15390	156	13	both	both	CCONJ
fbem-15390	156	14	positive	positive	ADJ
fbem-15390	156	15	and	and	CCONJ
fbem-15390	156	16	negative	negative	ADJ
fbem-15390	156	17	repercussions	repercussion	NOUN
fbem-15390	156	18	.	.	PUNCT
fbem-15390	157	1	in	in	ADP
fbem-15390	157	2	instances	instance	NOUN
fbem-15390	157	3	where	where	SCONJ
fbem-15390	157	4	they	they	PRON
fbem-15390	157	5	have	have	VERB
fbem-15390	157	6	adverse	adverse	ADJ
fbem-15390	157	7	effects	effect	NOUN
fbem-15390	157	8	,	,	PUNCT
fbem-15390	157	9	investors	investor	NOUN
fbem-15390	157	10	may	may	AUX
fbem-15390	157	11	incur	incur	VERB
fbem-15390	157	12	losses	loss	NOUN
fbem-15390	157	13	.	.	PUNCT
fbem-15390	158	1	the	the	DET
fbem-15390	158	2	development	development	NOUN
fbem-15390	158	3	of	of	ADP
fbem-15390	158	4	digital	digital	ADJ
fbem-15390	158	5	finance	finance	NOUN
fbem-15390	158	6	is	be	AUX
fbem-15390	158	7	influenced	influence	VERB
fbem-15390	158	8	by	by	ADP
fbem-15390	158	9	various	various	ADJ
fbem-15390	158	10	drivers	driver	NOUN
fbem-15390	158	11	,	,	PUNCT
fbem-15390	158	12	including	include	VERB
fbem-15390	158	13	credit	credit	NOUN
fbem-15390	158	14	,	,	PUNCT
fbem-15390	158	15	legal	legal	ADJ
fbem-15390	158	16	,	,	PUNCT
fbem-15390	158	17	technological	technological	ADJ
fbem-15390	158	18	,	,	PUNCT
fbem-15390	158	19	and	and	CCONJ
fbem-15390	158	20	market	market	NOUN
fbem-15390	158	21	issues	issue	NOUN
fbem-15390	158	22	.	.	PUNCT
fbem-15390	159	1	these	these	DET
fbem-15390	159	2	drivers	driver	NOUN
fbem-15390	159	3	are	be	AUX
fbem-15390	159	4	often	often	ADV
fbem-15390	159	5	interconnected	interconnect	VERB
fbem-15390	159	6	and	and	CCONJ
fbem-15390	159	7	contribute	contribute	VERB
fbem-15390	159	8	to	to	ADP
fbem-15390	159	9	the	the	DET
fbem-15390	159	10	acceleration	acceleration	NOUN
fbem-15390	159	11	of	of	ADP
fbem-15390	159	12	the	the	DET
fbem-15390	159	13	evolution	evolution	NOUN
fbem-15390	159	14	of	of	ADP
fbem-15390	159	15	digital	digital	ADJ
fbem-15390	159	16	financial	financial	ADJ
fbem-15390	159	17	risks	risk	NOUN
fbem-15390	159	18	.	.	PUNCT
fbem-15390	160	1	3.2.2	3.2.2	NUM
fbem-15390	160	2	.	.	PUNCT
fbem-15390	161	1	exacerbation	exacerbation	NOUN
fbem-15390	161	2	of	of	ADP
fbem-15390	161	3	data	datum	NOUN
fbem-15390	161	4	security	security	NOUN
fbem-15390	161	5	and	and	CCONJ
fbem-15390	161	6	compliance	compliance	NOUN
fbem-15390	161	7	issues	issue	NOUN
fbem-15390	161	8	the	the	DET
fbem-15390	161	9	operation	operation	NOUN
fbem-15390	161	10	of	of	ADP
fbem-15390	161	11	digital	digital	ADJ
fbem-15390	161	12	finance	finance	NOUN
fbem-15390	161	13	necessitates	necessitate	VERB
fbem-15390	161	14	the	the	DET
fbem-15390	161	15	collection	collection	NOUN
fbem-15390	161	16	,	,	PUNCT
fbem-15390	161	17	processing	processing	NOUN
fbem-15390	161	18	,	,	PUNCT
fbem-15390	161	19	and	and	CCONJ
fbem-15390	161	20	storage	storage	NOUN
fbem-15390	161	21	of	of	ADP
fbem-15390	161	22	substantial	substantial	ADJ
fbem-15390	161	23	quantities	quantity	NOUN
fbem-15390	161	24	of	of	ADP
fbem-15390	161	25	user	user	NOUN
fbem-15390	161	26	data	datum	NOUN
fbem-15390	161	27	and	and	CCONJ
fbem-15390	161	28	private	private	ADJ
fbem-15390	161	29	information	information	NOUN
fbem-15390	161	30	.	.	PUNCT
fbem-15390	162	1	any	any	DET
fbem-15390	162	2	improper	improper	ADJ
fbem-15390	162	3	conduct	conduct	NOUN
fbem-15390	162	4	during	during	ADP
fbem-15390	162	5	these	these	DET
fbem-15390	162	6	processes	process	NOUN
fbem-15390	162	7	can	can	AUX
fbem-15390	162	8	result	result	VERB
fbem-15390	162	9	in	in	ADP
fbem-15390	162	10	information	information	NOUN
fbem-15390	162	11	leakage	leakage	NOUN
fbem-15390	162	12	and	and	CCONJ
fbem-15390	162	13	noncompliance	noncompliance	NOUN
fbem-15390	162	14	with	with	ADP
fbem-15390	162	15	data	datum	NOUN
fbem-15390	162	16	utilization	utilization	NOUN
fbem-15390	162	17	and	and	CCONJ
fbem-15390	162	18	sharing	sharing	NOUN
fbem-15390	162	19	regulations	regulation	NOUN
fbem-15390	162	20	.	.	PUNCT
fbem-15390	163	1	these	these	DET
fbem-15390	163	2	issues	issue	NOUN
fbem-15390	163	3	present	present	VERB
fbem-15390	163	4	substantial	substantial	ADJ
fbem-15390	163	5	risks	risk	NOUN
fbem-15390	163	6	to	to	ADP
fbem-15390	163	7	the	the	DET
fbem-15390	163	8	information	information	NOUN
fbem-15390	163	9	security	security	NOUN
fbem-15390	163	10	of	of	ADP
fbem-15390	163	11	financial	financial	ADJ
fbem-15390	163	12	users	user	NOUN
fbem-15390	163	13	.	.	PUNCT
fbem-15390	164	1	one	one	NUM
fbem-15390	164	2	aspect	aspect	NOUN
fbem-15390	164	3	to	to	PART
fbem-15390	164	4	consider	consider	VERB
fbem-15390	164	5	is	be	AUX
fbem-15390	164	6	the	the	DET
fbem-15390	164	7	limited	limited	ADJ
fbem-15390	164	8	utilization	utilization	NOUN
fbem-15390	164	9	rate	rate	NOUN
fbem-15390	164	10	of	of	ADP
fbem-15390	164	11	financial	financial	ADJ
fbem-15390	164	12	data	datum	NOUN
fbem-15390	164	13	.	.	PUNCT
fbem-15390	165	1	financial	financial	ADJ
fbem-15390	165	2	organizations	organization	NOUN
fbem-15390	165	3	must	must	AUX
fbem-15390	165	4	prioritize	prioritize	VERB
fbem-15390	165	5	the	the	DET
fbem-15390	165	6	establishment	establishment	NOUN
fbem-15390	165	7	of	of	ADP
fbem-15390	165	8	consistent	consistent	ADJ
fbem-15390	165	9	data	datum	NOUN
fbem-15390	165	10	definitions	definition	NOUN
fbem-15390	165	11	during	during	ADP
fbem-15390	165	12	the	the	DET
fbem-15390	165	13	data	data	NOUN
fbem-15390	165	14	collection	collection	NOUN
fbem-15390	165	15	process	process	NOUN
fbem-15390	165	16	,	,	PUNCT
fbem-15390	165	17	owing	owe	VERB
fbem-15390	165	18	to	to	ADP
fbem-15390	165	19	the	the	DET
fbem-15390	165	20	unique	unique	ADJ
fbem-15390	165	21	attributes	attribute	NOUN
fbem-15390	165	22	of	of	ADP
fbem-15390	165	23	financial	financial	ADJ
fbem-15390	165	24	data	datum	NOUN
fbem-15390	165	25	.	.	PUNCT
fbem-15390	166	1	these	these	DET
fbem-15390	166	2	attributes	attribute	NOUN
fbem-15390	166	3	include	include	VERB
fbem-15390	166	4	the	the	DET
fbem-15390	166	5	abundance	abundance	NOUN
fbem-15390	166	6	of	of	ADP
fbem-15390	166	7	data	datum	NOUN
fbem-15390	166	8	sources	source	NOUN
fbem-15390	166	9	,	,	PUNCT
fbem-15390	166	10	the	the	DET
fbem-15390	166	11	intricate	intricate	ADJ
fbem-15390	166	12	and	and	CCONJ
fbem-15390	166	13	dynamic	dynamic	ADJ
fbem-15390	166	14	structure	structure	NOUN
fbem-15390	166	15	of	of	ADP
fbem-15390	166	16	the	the	DET
fbem-15390	166	17	data	datum	NOUN
fbem-15390	166	18	,	,	PUNCT
fbem-15390	166	19	as	as	ADV
fbem-15390	166	20	well	well	ADV
fbem-15390	166	21	as	as	ADP
fbem-15390	166	22	the	the	DET
fbem-15390	166	23	potential	potential	NOUN
fbem-15390	166	24	for	for	ADP
fbem-15390	166	25	incoherence	incoherence	NOUN
fbem-15390	166	26	or	or	CCONJ
fbem-15390	166	27	conflicting	conflicting	ADJ
fbem-15390	166	28	information	information	NOUN
fbem-15390	166	29	across	across	ADP
fbem-15390	166	30	distinct	distinct	ADJ
fbem-15390	166	31	datasets	dataset	NOUN
fbem-15390	166	32	.	.	PUNCT
fbem-15390	167	1	the	the	DET
fbem-15390	167	2	dispersion	dispersion	NOUN
fbem-15390	167	3	of	of	ADP
fbem-15390	167	4	important	important	ADJ
fbem-15390	167	5	data	datum	NOUN
fbem-15390	167	6	management	management	NOUN
fbem-15390	167	7	authority	authority	NOUN
fbem-15390	167	8	and	and	CCONJ
fbem-15390	167	9	tasks	task	NOUN
fbem-15390	167	10	within	within	ADP
fbem-15390	167	11	financial	financial	ADJ
fbem-15390	167	12	institutions	institution	NOUN
fbem-15390	167	13	typically	typically	ADV
fbem-15390	167	14	leads	lead	VERB
fbem-15390	167	15	to	to	ADP
fbem-15390	167	16	challenges	challenge	NOUN
fbem-15390	167	17	in	in	ADP
fbem-15390	167	18	coordinating	coordinate	VERB
fbem-15390	167	19	cross	cross	ADJ
fbem-15390	167	20	-	-	ADJ
fbem-15390	167	21	departmental	departmental	ADJ
fbem-15390	167	22	,	,	PUNCT
fbem-15390	167	23	crossdomain	crossdomain	ADJ
fbem-15390	167	24	,	,	PUNCT
fbem-15390	167	25	and	and	CCONJ
fbem-15390	167	26	cross	cross	ADJ
fbem-15390	167	27	-	-	ADJ
fbem-15390	167	28	system	system	ADJ
fbem-15390	167	29	data	datum	NOUN
fbem-15390	167	30	governance	governance	NOUN
fbem-15390	167	31	.	.	PUNCT
fbem-15390	168	1	this	this	DET
fbem-15390	168	2	situation	situation	NOUN
fbem-15390	168	3	incurs	incur	VERB
fbem-15390	168	4	significant	significant	ADJ
fbem-15390	168	5	costs	cost	NOUN
fbem-15390	168	6	and	and	CCONJ
fbem-15390	168	7	difficulties	difficulty	NOUN
fbem-15390	168	8	,	,	PUNCT
fbem-15390	168	9	ultimately	ultimately	ADV
fbem-15390	168	10	hindering	hinder	VERB
fbem-15390	168	11	the	the	DET
fbem-15390	168	12	full	full	ADJ
fbem-15390	168	13	exploration	exploration	NOUN
fbem-15390	168	14	of	of	ADP
fbem-15390	168	15	the	the	DET
fbem-15390	168	16	value	value	NOUN
fbem-15390	168	17	inherent	inherent	ADJ
fbem-15390	168	18	in	in	ADP
fbem-15390	168	19	financial	financial	ADJ
fbem-15390	168	20	data	datum	NOUN
fbem-15390	168	21	.	.	PUNCT
fbem-15390	169	1	however	however	ADV
fbem-15390	169	2	,	,	PUNCT
fbem-15390	169	3	there	there	PRON
fbem-15390	169	4	is	be	VERB
fbem-15390	169	5	a	a	DET
fbem-15390	169	6	noticeable	noticeable	ADJ
fbem-15390	169	7	deficiency	deficiency	NOUN
fbem-15390	169	8	in	in	ADP
fbem-15390	169	9	the	the	DET
fbem-15390	169	10	level	level	NOUN
fbem-15390	169	11	of	of	ADP
fbem-15390	169	12	understanding	understanding	NOUN
fbem-15390	169	13	regarding	regard	VERB
fbem-15390	169	14	financial	financial	ADJ
fbem-15390	169	15	data	datum	NOUN
fbem-15390	169	16	protection	protection	NOUN
fbem-15390	169	17	.	.	PUNCT
fbem-15390	170	1	numerous	numerous	ADJ
fbem-15390	170	2	financial	financial	ADJ
fbem-15390	170	3	institutions	institution	NOUN
fbem-15390	170	4	,	,	PUNCT
fbem-15390	170	5	particularly	particularly	ADV
fbem-15390	170	6	those	those	PRON
fbem-15390	170	7	of	of	ADP
fbem-15390	170	8	smaller	small	ADJ
fbem-15390	170	9	and	and	CCONJ
fbem-15390	170	10	medium	medium	NOUN
fbem-15390	170	11	sizes	size	NOUN
fbem-15390	170	12	,	,	PUNCT
fbem-15390	170	13	continue	continue	VERB
fbem-15390	170	14	to	to	PART
fbem-15390	170	15	exhibit	exhibit	VERB
fbem-15390	170	16	a	a	DET
fbem-15390	170	17	narrow	narrow	ADJ
fbem-15390	170	18	-	-	PUNCT
fbem-15390	170	19	minded	minded	ADJ
fbem-15390	170	20	approach	approach	NOUN
fbem-15390	170	21	by	by	ADP
fbem-15390	170	22	prioritizing	prioritize	VERB
fbem-15390	170	23	business	business	NOUN
fbem-15390	170	24	expansion	expansion	NOUN
fbem-15390	170	25	while	while	SCONJ
fbem-15390	170	26	disregarding	disregard	VERB
fbem-15390	170	27	security	security	NOUN
fbem-15390	170	28	risks	risk	NOUN
fbem-15390	170	29	.	.	PUNCT
fbem-15390	171	1	these	these	DET
fbem-15390	171	2	institutions	institution	NOUN
fbem-15390	171	3	allocate	allocate	VERB
fbem-15390	171	4	limited	limited	ADJ
fbem-15390	171	5	capital	capital	NOUN
fbem-15390	171	6	towards	towards	ADP
fbem-15390	171	7	research	research	NOUN
fbem-15390	171	8	and	and	CCONJ
fbem-15390	171	9	development	development	NOUN
fbem-15390	171	10	in	in	ADP
fbem-15390	171	11	financial	financial	ADJ
fbem-15390	171	12	technology	technology	NOUN
fbem-15390	171	13	,	,	PUNCT
fbem-15390	171	14	exhibit	exhibit	VERB
fbem-15390	171	15	ambiguity	ambiguity	NOUN
fbem-15390	171	16	and	and	CCONJ
fbem-15390	171	17	meticulousness	meticulousness	NOUN
fbem-15390	171	18	in	in	ADP
fbem-15390	171	19	defining	define	VERB
fbem-15390	171	20	job	job	NOUN
fbem-15390	171	21	responsibilities	responsibility	NOUN
fbem-15390	171	22	,	,	PUNCT
fbem-15390	171	23	lack	lack	VERB
fbem-15390	171	24	a	a	DET
fbem-15390	171	25	proficient	proficient	ADJ
fbem-15390	171	26	and	and	CCONJ
fbem-15390	171	27	structured	structured	ADJ
fbem-15390	171	28	team	team	NOUN
fbem-15390	171	29	for	for	ADP
fbem-15390	171	30	data	datum	NOUN
fbem-15390	171	31	analysis	analysis	NOUN
fbem-15390	171	32	,	,	PUNCT
fbem-15390	171	33	and	and	CCONJ
fbem-15390	171	34	fail	fail	VERB
fbem-15390	171	35	to	to	PART
fbem-15390	171	36	emphasize	emphasize	VERB
fbem-15390	171	37	the	the	DET
fbem-15390	171	38	cultivation	cultivation	NOUN
fbem-15390	171	39	of	of	ADP
fbem-15390	171	40	employees	employee	NOUN
fbem-15390	171	41	'	'	PART
fbem-15390	171	42	awareness	awareness	NOUN
fbem-15390	171	43	regarding	regard	VERB
fbem-15390	171	44	financial	financial	ADJ
fbem-15390	171	45	data	datum	NOUN
fbem-15390	171	46	security	security	NOUN
fbem-15390	171	47	.	.	PUNCT
fbem-15390	172	1	consequently	consequently	ADV
fbem-15390	172	2	,	,	PUNCT
fbem-15390	172	3	a	a	DET
fbem-15390	172	4	conducive	conducive	ADJ
fbem-15390	172	5	environment	environment	NOUN
fbem-15390	172	6	fostering	foster	VERB
fbem-15390	172	7	a	a	DET
fbem-15390	172	8	culture	culture	NOUN
fbem-15390	172	9	of	of	ADP
fbem-15390	172	10	data	datum	NOUN
fbem-15390	172	11	security	security	NOUN
fbem-15390	172	12	remains	remain	VERB
fbem-15390	172	13	absent	absent	ADJ
fbem-15390	172	14	.	.	PUNCT
fbem-15390	173	1	certain	certain	ADJ
fbem-15390	173	2	organizations	organization	NOUN
fbem-15390	173	3	tend	tend	VERB
fbem-15390	173	4	to	to	PART
fbem-15390	173	5	rely	rely	VERB
fbem-15390	173	6	solely	solely	ADV
fbem-15390	173	7	on	on	ADP
fbem-15390	173	8	a	a	DET
fbem-15390	173	9	multitude	multitude	NOUN
fbem-15390	173	10	of	of	ADP
fbem-15390	173	11	security	security	NOUN
fbem-15390	173	12	products	product	NOUN
fbem-15390	173	13	for	for	ADP
fbem-15390	173	14	data	datum	NOUN
fbem-15390	173	15	security	security	NOUN
fbem-15390	173	16	protection	protection	NOUN
fbem-15390	173	17	,	,	PUNCT
fbem-15390	173	18	neglecting	neglect	VERB
fbem-15390	173	19	to	to	PART
fbem-15390	173	20	establish	establish	VERB
fbem-15390	173	21	a	a	DET
fbem-15390	173	22	strong	strong	ADJ
fbem-15390	173	23	synergy	synergy	NOUN
fbem-15390	173	24	among	among	ADP
fbem-15390	173	25	financial	financial	ADJ
fbem-15390	173	26	data	datum	NOUN
fbem-15390	173	27	governance	governance	NOUN
fbem-15390	173	28	products	product	NOUN
fbem-15390	173	29	,	,	PUNCT
fbem-15390	173	30	technologies	technology	NOUN
fbem-15390	173	31	,	,	PUNCT
fbem-15390	173	32	and	and	CCONJ
fbem-15390	173	33	skilled	skilled	ADJ
fbem-15390	173	34	personnel	personnel	NOUN
fbem-15390	173	35	.	.	PUNCT
fbem-15390	174	1	this	this	DET
fbem-15390	174	2	approach	approach	NOUN
fbem-15390	174	3	poses	pose	VERB
fbem-15390	174	4	a	a	DET
fbem-15390	174	5	concealed	conceal	VERB
fbem-15390	174	6	risk	risk	NOUN
fbem-15390	174	7	to	to	ADP
fbem-15390	174	8	the	the	DET
fbem-15390	174	9	security	security	NOUN
fbem-15390	174	10	of	of	ADP
fbem-15390	174	11	financial	financial	ADJ
fbem-15390	174	12	data	datum	NOUN
fbem-15390	174	13	and	and	CCONJ
fbem-15390	174	14	the	the	DET
fbem-15390	174	15	smooth	smooth	ADJ
fbem-15390	174	16	functioning	functioning	NOUN
fbem-15390	174	17	of	of	ADP
fbem-15390	174	18	financial	financial	ADJ
fbem-15390	174	19	institutions	institution	NOUN
fbem-15390	174	20	.	.	PUNCT
fbem-15390	175	1	3.2.3	3.2.3	X
fbem-15390	175	2	.	.	NUM
fbem-15390	175	3	increased	increase	VERB
fbem-15390	175	4	difficulty	difficulty	NOUN
fbem-15390	175	5	in	in	ADP
fbem-15390	175	6	market	market	NOUN
fbem-15390	175	7	regulation	regulation	NOUN
fbem-15390	175	8	digital	digital	ADJ
fbem-15390	175	9	finance	finance	NOUN
fbem-15390	175	10	exhibits	exhibit	VERB
fbem-15390	175	11	several	several	ADJ
fbem-15390	175	12	key	key	ADJ
fbem-15390	175	13	characteristics	characteristic	NOUN
fbem-15390	175	14	,	,	PUNCT
fbem-15390	175	15	namely	namely	ADV
fbem-15390	175	16	,	,	PUNCT
fbem-15390	175	17	a	a	DET
fbem-15390	175	18	high	high	ADJ
fbem-15390	175	19	level	level	NOUN
fbem-15390	175	20	of	of	ADP
fbem-15390	175	21	complexity	complexity	NOUN
fbem-15390	175	22	,	,	PUNCT
fbem-15390	175	23	rapidity	rapidity	NOUN
fbem-15390	175	24	,	,	PUNCT
fbem-15390	175	25	frequency	frequency	NOUN
fbem-15390	175	26	,	,	PUNCT
fbem-15390	175	27	and	and	CCONJ
fbem-15390	175	28	risk	risk	NOUN
fbem-15390	175	29	.	.	PUNCT
fbem-15390	176	1	consequently	consequently	ADV
fbem-15390	176	2	,	,	PUNCT
fbem-15390	176	3	the	the	DET
fbem-15390	176	4	management	management	NOUN
fbem-15390	176	5	of	of	ADP
fbem-15390	176	6	digital	digital	ADJ
fbem-15390	176	7	financial	financial	ADJ
fbem-15390	176	8	risks	risk	NOUN
fbem-15390	176	9	encounters	encounter	VERB
fbem-15390	176	10	numerous	numerous	ADJ
fbem-15390	176	11	obstacles	obstacle	NOUN
fbem-15390	176	12	,	,	PUNCT
fbem-15390	176	13	with	with	ADP
fbem-15390	176	14	the	the	DET
fbem-15390	176	15	heightened	heightened	ADJ
fbem-15390	176	16	complexity	complexity	NOUN
fbem-15390	176	17	of	of	ADP
fbem-15390	176	18	market	market	NOUN
fbem-15390	176	19	regulation	regulation	NOUN
fbem-15390	176	20	being	be	AUX
fbem-15390	176	21	a	a	DET
fbem-15390	176	22	significant	significant	ADJ
fbem-15390	176	23	obstacle	obstacle	NOUN
fbem-15390	176	24	.	.	PUNCT
fbem-15390	177	1	firstly	firstly	ADV
fbem-15390	177	2	,	,	PUNCT
fbem-15390	177	3	it	it	PRON
fbem-15390	177	4	is	be	AUX
fbem-15390	177	5	important	important	ADJ
fbem-15390	177	6	to	to	PART
fbem-15390	177	7	address	address	VERB
fbem-15390	177	8	the	the	DET
fbem-15390	177	9	issue	issue	NOUN
fbem-15390	177	10	of	of	ADP
fbem-15390	177	11	the	the	DET
fbem-15390	177	12	ineffectiveness	ineffectiveness	NOUN
fbem-15390	177	13	and	and	CCONJ
fbem-15390	177	14	unreliability	unreliability	NOUN
fbem-15390	177	15	of	of	ADP
fbem-15390	177	16	regulatory	regulatory	ADJ
fbem-15390	177	17	efforts	effort	NOUN
fbem-15390	177	18	.	.	PUNCT
fbem-15390	178	1	the	the	DET
fbem-15390	178	2	digital	digital	ADJ
fbem-15390	178	3	financial	financial	ADJ
fbem-15390	178	4	market	market	NOUN
fbem-15390	178	5	is	be	AUX
fbem-15390	178	6	characterized	characterize	VERB
fbem-15390	178	7	by	by	ADP
fbem-15390	178	8	rapid	rapid	ADJ
fbem-15390	178	9	transaction	transaction	NOUN
fbem-15390	178	10	speed	speed	NOUN
fbem-15390	178	11	,	,	PUNCT
fbem-15390	178	12	substantial	substantial	ADJ
fbem-15390	178	13	transaction	transaction	NOUN
fbem-15390	178	14	volume	volume	NOUN
fbem-15390	178	15	,	,	PUNCT
fbem-15390	178	16	and	and	CCONJ
fbem-15390	178	17	complex	complex	ADJ
fbem-15390	178	18	transaction	transaction	NOUN
fbem-15390	178	19	data	datum	NOUN
fbem-15390	178	20	.	.	PUNCT
fbem-15390	179	1	in	in	ADP
fbem-15390	179	2	order	order	NOUN
fbem-15390	179	3	to	to	PART
fbem-15390	179	4	effectively	effectively	ADV
fbem-15390	179	5	regulate	regulate	VERB
fbem-15390	179	6	this	this	DET
fbem-15390	179	7	market	market	NOUN
fbem-15390	179	8	,	,	PUNCT
fbem-15390	179	9	the	the	DET
fbem-15390	179	10	regulatory	regulatory	ADJ
fbem-15390	179	11	body	body	NOUN
fbem-15390	179	12	must	must	AUX
fbem-15390	179	13	allocate	allocate	VERB
fbem-15390	179	14	significant	significant	ADJ
fbem-15390	179	15	human	human	NOUN
fbem-15390	179	16	,	,	PUNCT
fbem-15390	179	17	material	material	NOUN
fbem-15390	179	18	,	,	PUNCT
fbem-15390	179	19	and	and	CCONJ
fbem-15390	179	20	financial	financial	ADJ
fbem-15390	179	21	resources	resource	NOUN
fbem-15390	179	22	.	.	PUNCT
fbem-15390	180	1	however	however	ADV
fbem-15390	180	2	,	,	PUNCT
fbem-15390	180	3	the	the	DET
fbem-15390	180	4	limited	limited	ADJ
fbem-15390	180	5	resources	resource	NOUN
fbem-15390	180	6	available	available	ADJ
fbem-15390	180	7	to	to	ADP
fbem-15390	180	8	the	the	DET
fbem-15390	180	9	regulatory	regulatory	ADJ
fbem-15390	180	10	body	body	NOUN
fbem-15390	180	11	pose	pose	VERB
fbem-15390	180	12	challenges	challenge	NOUN
fbem-15390	180	13	in	in	ADP
fbem-15390	180	14	meeting	meet	VERB
fbem-15390	180	15	the	the	DET
fbem-15390	180	16	evolving	evolve	VERB
fbem-15390	180	17	needs	need	NOUN
fbem-15390	180	18	of	of	ADP
fbem-15390	180	19	market	market	NOUN
fbem-15390	180	20	supervision	supervision	NOUN
fbem-15390	180	21	.	.	PUNCT
fbem-15390	181	1	consequently	consequently	ADV
fbem-15390	181	2	,	,	PUNCT
fbem-15390	181	3	the	the	DET
fbem-15390	181	4	effectiveness	effectiveness	NOUN
fbem-15390	181	5	and	and	CCONJ
fbem-15390	181	6	reliability	reliability	NOUN
fbem-15390	181	7	of	of	ADP
fbem-15390	181	8	the	the	DET
fbem-15390	181	9	regulatory	regulatory	ADJ
fbem-15390	181	10	body	body	NOUN
fbem-15390	181	11	's	's	PART
fbem-15390	181	12	oversight	oversight	NOUN
fbem-15390	181	13	are	be	AUX
fbem-15390	181	14	subject	subject	ADJ
fbem-15390	181	15	to	to	ADP
fbem-15390	181	16	serious	serious	ADJ
fbem-15390	181	17	doubt	doubt	NOUN
fbem-15390	181	18	.	.	PUNCT
fbem-15390	182	1	furthermore	furthermore	ADV
fbem-15390	182	2	,	,	PUNCT
fbem-15390	182	3	there	there	PRON
fbem-15390	182	4	is	be	VERB
fbem-15390	182	5	a	a	DET
fbem-15390	182	6	lack	lack	NOUN
fbem-15390	182	7	of	of	ADP
fbem-15390	182	8	progress	progress	NOUN
fbem-15390	182	9	in	in	ADP
fbem-15390	182	10	both	both	CCONJ
fbem-15390	182	11	the	the	DET
fbem-15390	182	12	regulatory	regulatory	ADJ
fbem-15390	182	13	regulations	regulation	NOUN
fbem-15390	182	14	and	and	CCONJ
fbem-15390	182	15	technology	technology	NOUN
fbem-15390	182	16	methods	method	NOUN
fbem-15390	182	17	.	.	PUNCT
fbem-15390	183	1	the	the	DET
fbem-15390	183	2	utilization	utilization	NOUN
fbem-15390	183	3	of	of	ADP
fbem-15390	183	4	blockchain	blockchain	PROPN
fbem-15390	183	5	technology	technology	PROPN
fbem-15390	183	6	has	have	AUX
fbem-15390	183	7	significantly	significantly	ADV
fbem-15390	183	8	contributed	contribute	VERB
fbem-15390	183	9	to	to	ADP
fbem-15390	183	10	the	the	DET
fbem-15390	183	11	mitigation	mitigation	NOUN
fbem-15390	183	12	of	of	ADP
fbem-15390	183	13	fraudulent	fraudulent	ADJ
fbem-15390	183	14	activities	activity	NOUN
fbem-15390	183	15	and	and	CCONJ
fbem-15390	183	16	other	other	ADJ
fbem-15390	183	17	forms	form	NOUN
fbem-15390	183	18	of	of	ADP
fbem-15390	183	19	risk	risk	NOUN
fbem-15390	183	20	management	management	NOUN
fbem-15390	183	21	.	.	PUNCT
fbem-15390	184	1	however	however	ADV
fbem-15390	184	2	,	,	PUNCT
fbem-15390	184	3	it	it	PRON
fbem-15390	184	4	is	be	AUX
fbem-15390	184	5	important	important	ADJ
fbem-15390	184	6	to	to	PART
fbem-15390	184	7	acknowledge	acknowledge	VERB
fbem-15390	184	8	that	that	SCONJ
fbem-15390	184	9	the	the	DET
fbem-15390	184	10	implementation	implementation	NOUN
fbem-15390	184	11	of	of	ADP
fbem-15390	184	12	blockchain	blockchain	PROPN
fbem-15390	184	13	in	in	ADP
fbem-15390	184	14	the	the	DET
fbem-15390	184	15	financial	financial	ADJ
fbem-15390	184	16	sector	sector	NOUN
fbem-15390	184	17	also	also	ADV
fbem-15390	184	18	introduces	introduce	VERB
fbem-15390	184	19	novel	novel	ADJ
fbem-15390	184	20	dangers	danger	NOUN
fbem-15390	184	21	.	.	PUNCT
fbem-15390	185	1	the	the	DET
fbem-15390	185	2	intricate	intricate	ADJ
fbem-15390	185	3	and	and	CCONJ
fbem-15390	185	4	specialized	specialized	ADJ
fbem-15390	185	5	characteristics	characteristic	NOUN
fbem-15390	185	6	of	of	ADP
fbem-15390	185	7	blockchain	blockchain	PROPN
fbem-15390	185	8	technology	technology	PROPN
fbem-15390	185	9	have	have	AUX
fbem-15390	185	10	resulted	result	VERB
fbem-15390	185	11	in	in	ADP
fbem-15390	185	12	a	a	DET
fbem-15390	185	13	limited	limited	ADJ
fbem-15390	185	14	comprehension	comprehension	NOUN
fbem-15390	185	15	of	of	ADP
fbem-15390	185	16	blockchain	blockchain	PROPN
fbem-15390	185	17	finance	finance	PROPN
fbem-15390	185	18	among	among	ADP
fbem-15390	185	19	the	the	DET
fbem-15390	185	20	general	general	ADJ
fbem-15390	185	21	populace	populace	NOUN
fbem-15390	185	22	.	.	PUNCT
fbem-15390	186	1	consequently	consequently	ADV
fbem-15390	186	2	,	,	PUNCT
fbem-15390	186	3	certain	certain	ADJ
fbem-15390	186	4	unethical	unethical	ADJ
fbem-15390	186	5	individuals	individual	NOUN
fbem-15390	186	6	may	may	AUX
fbem-15390	186	7	exploit	exploit	VERB
fbem-15390	186	8	the	the	DET
fbem-15390	186	9	concept	concept	NOUN
fbem-15390	186	10	of	of	ADP
fbem-15390	186	11	blockchain	blockchain	PROPN
fbem-15390	186	12	finance	finance	PROPN
fbem-15390	186	13	to	to	PART
fbem-15390	186	14	engage	engage	VERB
fbem-15390	186	15	in	in	ADP
fbem-15390	186	16	fraudulent	fraudulent	ADJ
fbem-15390	186	17	activities	activity	NOUN
fbem-15390	186	18	.	.	PUNCT
fbem-15390	187	1	the	the	DET
fbem-15390	187	2	existing	exist	VERB
fbem-15390	187	3	financial	financial	ADJ
fbem-15390	187	4	regulatory	regulatory	ADJ
fbem-15390	187	5	framework	framework	NOUN
fbem-15390	187	6	is	be	AUX
fbem-15390	187	7	insufficient	insufficient	ADJ
fbem-15390	187	8	in	in	ADP
fbem-15390	187	9	meeting	meet	VERB
fbem-15390	187	10	the	the	DET
fbem-15390	187	11	regulatory	regulatory	ADJ
fbem-15390	187	12	requirements	requirement	NOUN
fbem-15390	187	13	and	and	CCONJ
fbem-15390	187	14	technical	technical	ADJ
fbem-15390	187	15	capabilities	capability	NOUN
fbem-15390	187	16	demanded	demand	VERB
fbem-15390	187	17	by	by	ADP
fbem-15390	187	18	the	the	DET
fbem-15390	187	19	continuously	continuously	ADV
fbem-15390	187	20	evolving	evolve	VERB
fbem-15390	187	21	fintech	fintech	NOUN
fbem-15390	187	22	products	product	NOUN
fbem-15390	187	23	.	.	PUNCT
fbem-15390	188	1	consequently	consequently	ADV
fbem-15390	188	2	,	,	PUNCT
fbem-15390	188	3	it	it	PRON
fbem-15390	188	4	is	be	AUX
fbem-15390	188	5	imperative	imperative	ADJ
fbem-15390	188	6	to	to	PART
fbem-15390	188	7	consistently	consistently	ADV
fbem-15390	188	8	revise	revise	VERB
fbem-15390	188	9	and	and	CCONJ
fbem-15390	188	10	enhance	enhance	VERB
fbem-15390	188	11	these	these	DET
fbem-15390	188	12	regulations	regulation	NOUN
fbem-15390	188	13	to	to	PART
fbem-15390	188	14	protect	protect	VERB
fbem-15390	188	15	market	market	NOUN
fbem-15390	188	16	stability	stability	NOUN
fbem-15390	188	17	and	and	CCONJ
fbem-15390	188	18	security	security	NOUN
fbem-15390	188	19	.	.	PUNCT
fbem-15390	189	1	additionally	additionally	ADV
fbem-15390	189	2	,	,	PUNCT
fbem-15390	189	3	a	a	DET
fbem-15390	189	4	significant	significant	ADJ
fbem-15390	189	5	obstacle	obstacle	NOUN
fbem-15390	189	6	arises	arise	VERB
fbem-15390	189	7	in	in	ADP
fbem-15390	189	8	the	the	DET
fbem-15390	189	9	form	form	NOUN
fbem-15390	189	10	of	of	ADP
fbem-15390	189	11	crossborder	crossborder	NOUN
fbem-15390	189	12	transactions	transaction	NOUN
fbem-15390	189	13	and	and	CCONJ
fbem-15390	189	14	the	the	DET
fbem-15390	189	15	associated	associated	ADJ
fbem-15390	189	16	regulatory	regulatory	ADJ
fbem-15390	189	17	frameworks	framework	NOUN
fbem-15390	189	18	.	.	PUNCT
fbem-15390	190	1	regulatory	regulatory	ADJ
fbem-15390	190	2	norms	norm	NOUN
fbem-15390	190	3	and	and	CCONJ
fbem-15390	190	4	standards	standard	NOUN
fbem-15390	190	5	exhibit	exhibit	VERB
fbem-15390	190	6	variability	variability	NOUN
fbem-15390	190	7	among	among	ADP
fbem-15390	190	8	countries	country	NOUN
fbem-15390	190	9	and	and	CCONJ
fbem-15390	190	10	regions	region	NOUN
fbem-15390	190	11	,	,	PUNCT
fbem-15390	190	12	so	so	ADV
fbem-15390	190	13	necessitating	necessitate	VERB
fbem-15390	190	14	regulators	regulator	NOUN
fbem-15390	190	15	to	to	PART
fbem-15390	190	16	enhance	enhance	VERB
fbem-15390	190	17	international	international	ADJ
fbem-15390	190	18	collaboration	collaboration	NOUN
fbem-15390	190	19	and	and	CCONJ
fbem-15390	190	20	coordination	coordination	NOUN
fbem-15390	190	21	.	.	PUNCT
fbem-15390	191	1	this	this	PRON
fbem-15390	191	2	is	be	AUX
fbem-15390	191	3	crucial	crucial	ADJ
fbem-15390	191	4	for	for	ADP
fbem-15390	191	5	efficiently	efficiently	ADV
fbem-15390	191	6	managing	manage	VERB
fbem-15390	191	7	risks	risk	NOUN
fbem-15390	191	8	within	within	ADP
fbem-15390	191	9	the	the	DET
fbem-15390	191	10	digital	digital	ADJ
fbem-15390	191	11	financial	financial	ADJ
fbem-15390	191	12	sector	sector	NOUN
fbem-15390	191	13	,	,	PUNCT
fbem-15390	191	14	thereby	thereby	ADV
fbem-15390	191	15	rendering	render	VERB
fbem-15390	191	16	regulation	regulation	NOUN
fbem-15390	191	17	notably	notably	ADV
fbem-15390	191	18	more	more	ADV
fbem-15390	191	19	challenging	challenging	ADJ
fbem-15390	191	20	.	.	PUNCT
fbem-15390	192	1	3.3	3.3	NUM
fbem-15390	192	2	.	.	PUNCT
fbem-15390	193	1	risks	risk	NOUN
fbem-15390	193	2	to	to	PART
fbem-15390	193	3	be	be	AUX
fbem-15390	193	4	avoided	avoid	VERB
fbem-15390	193	5	in	in	ADP
fbem-15390	193	6	the	the	DET
fbem-15390	193	7	construction	construction	NOUN
fbem-15390	193	8	of	of	ADP
fbem-15390	193	9	hainan	hainan	PROPN
fbem-15390	193	10	's	's	PART
fbem-15390	193	11	free	free	PROPN
fbem-15390	193	12	trade	trade	NOUN
fbem-15390	193	13	harbour	harbour	NOUN
fbem-15390	193	14	3.3.1	3.3.1	NUM
fbem-15390	193	15	.	.	PUNCT
fbem-15390	194	1	risk	risk	NOUN
fbem-15390	194	2	of	of	ADP
fbem-15390	194	3	economic	economic	ADJ
fbem-15390	194	4	fluctuations	fluctuation	NOUN
fbem-15390	194	5	due	due	ADP
fbem-15390	194	6	to	to	ADP
fbem-15390	194	7	interest	interest	NOUN
fbem-15390	194	8	rate	rate	NOUN
fbem-15390	194	9	marketisation	marketisation	NOUN
fbem-15390	194	10	currently	currently	ADV
fbem-15390	194	11	,	,	PUNCT
fbem-15390	194	12	the	the	DET
fbem-15390	194	13	process	process	NOUN
fbem-15390	194	14	of	of	ADP
fbem-15390	194	15	marketizing	marketize	VERB
fbem-15390	194	16	china	china	PROPN
fbem-15390	194	17	's	's	PART
fbem-15390	194	18	interest	interest	NOUN
fbem-15390	194	19	rate	rate	NOUN
fbem-15390	194	20	is	be	AUX
fbem-15390	194	21	at	at	ADP
fbem-15390	194	22	the	the	DET
fbem-15390	194	23	phase	phase	NOUN
fbem-15390	194	24	of	of	ADP
fbem-15390	194	25	experimental	experimental	ADJ
fbem-15390	194	26	progress	progress	NOUN
fbem-15390	194	27	.	.	PUNCT
fbem-15390	195	1	the	the	DET
fbem-15390	195	2	primary	primary	ADJ
fbem-15390	195	3	objective	objective	NOUN
fbem-15390	195	4	of	of	ADP
fbem-15390	195	5	financial	financial	ADJ
fbem-15390	195	6	reform	reform	NOUN
fbem-15390	195	7	in	in	ADP
fbem-15390	195	8	the	the	DET
fbem-15390	195	9	hainan	hainan	PROPN
fbem-15390	195	10	free	free	PROPN
fbem-15390	195	11	trade	trade	PROPN
fbem-15390	195	12	zone	zone	NOUN
fbem-15390	195	13	(	(	PUNCT
fbem-15390	195	14	ftz	ftz	PROPN
fbem-15390	195	15	)	)	PUNCT
fbem-15390	195	16	is	be	AUX
fbem-15390	195	17	to	to	PART
fbem-15390	195	18	liberalize	liberalize	VERB
fbem-15390	195	19	restrictions	restriction	NOUN
fbem-15390	195	20	on	on	ADP
fbem-15390	195	21	rmb	rmb	PROPN
fbem-15390	195	22	deposit	deposit	NOUN
fbem-15390	195	23	interest	interest	NOUN
fbem-15390	195	24	rates	rate	NOUN
fbem-15390	195	25	,	,	PUNCT
fbem-15390	195	26	enhance	enhance	VERB
fbem-15390	195	27	rmb	rmb	NOUN
fbem-15390	195	28	cross	cross	ADJ
fbem-15390	195	29	-	-	ADJ
fbem-15390	195	30	border	border	ADJ
fbem-15390	195	31	transactions	transaction	NOUN
fbem-15390	195	32	,	,	PUNCT
fbem-15390	195	33	decrease	decrease	VERB
fbem-15390	195	34	reliance	reliance	NOUN
fbem-15390	195	35	on	on	ADP
fbem-15390	195	36	foreign	foreign	ADJ
fbem-15390	195	37	currencies	currency	NOUN
fbem-15390	195	38	in	in	ADP
fbem-15390	195	39	bilateral	bilateral	ADJ
fbem-15390	195	40	trade	trade	NOUN
fbem-15390	195	41	,	,	PUNCT
fbem-15390	195	42	optimize	optimize	NOUN
fbem-15390	195	43	trade	trade	NOUN
fbem-15390	195	44	and	and	CCONJ
fbem-15390	195	45	investment	investment	NOUN
fbem-15390	195	46	efficiency	efficiency	NOUN
fbem-15390	195	47	,	,	PUNCT
fbem-15390	195	48	and	and	CCONJ
fbem-15390	195	49	enhance	enhance	VERB
fbem-15390	195	50	the	the	DET
fbem-15390	195	51	local	local	ADJ
fbem-15390	195	52	currency	currency	NOUN
fbem-15390	195	53	settlement	settlement	NOUN
fbem-15390	195	54	system	system	NOUN
fbem-15390	195	55	.	.	PUNCT
fbem-15390	196	1	this	this	PRON
fbem-15390	196	2	makes	make	VERB
fbem-15390	196	3	hainan	hainan	PROPN
fbem-15390	196	4	ftz	ftz	PROPN
fbem-15390	196	5	a	a	DET
fbem-15390	196	6	pioneering	pioneer	VERB
fbem-15390	196	7	entity	entity	NOUN
fbem-15390	196	8	in	in	ADP
fbem-15390	196	9	promoting	promote	VERB
fbem-15390	196	10	interest	interest	NOUN
fbem-15390	196	11	rate	rate	NOUN
fbem-15390	196	12	marketization	marketization	NOUN
fbem-15390	196	13	reform	reform	NOUN
fbem-15390	196	14	and	and	CCONJ
fbem-15390	196	15	serving	serve	VERB
fbem-15390	196	16	as	as	ADP
fbem-15390	196	17	a	a	DET
fbem-15390	196	18	frontier	frontier	NOUN
fbem-15390	196	19	for	for	ADP
fbem-15390	196	20	financial	financial	ADJ
fbem-15390	196	21	opening	opening	NOUN
fbem-15390	196	22	.	.	PUNCT
fbem-15390	197	1	the	the	DET
fbem-15390	197	2	process	process	NOUN
fbem-15390	197	3	of	of	ADP
fbem-15390	197	4	interest	interest	NOUN
fbem-15390	197	5	rate	rate	NOUN
fbem-15390	197	6	marketisation	marketisation	NOUN
fbem-15390	197	7	yields	yield	VERB
fbem-15390	197	8	advantages	advantage	NOUN
fbem-15390	197	9	in	in	ADP
fbem-15390	197	10	terms	term	NOUN
fbem-15390	197	11	of	of	ADP
fbem-15390	197	12	financial	financial	ADJ
fbem-15390	197	13	openness	openness	NOUN
fbem-15390	197	14	,	,	PUNCT
fbem-15390	197	15	but	but	CCONJ
fbem-15390	197	16	it	it	PRON
fbem-15390	197	17	also	also	ADV
fbem-15390	197	18	amplifies	amplify	VERB
fbem-15390	197	19	the	the	DET
fbem-15390	197	20	vulnerabilities	vulnerability	NOUN
fbem-15390	197	21	of	of	ADP
fbem-15390	197	22	the	the	DET
fbem-15390	197	23	financial	financial	ADJ
fbem-15390	197	24	sector	sector	NOUN
fbem-15390	197	25	,	,	PUNCT
fbem-15390	197	26	exacerbates	exacerbate	VERB
fbem-15390	197	27	124	124	NUM
fbem-15390	197	28	macroeconomic	macroeconomic	ADJ
fbem-15390	197	29	swings	swing	NOUN
fbem-15390	197	30	,	,	PUNCT
fbem-15390	197	31	and	and	CCONJ
fbem-15390	197	32	heightens	heighten	VERB
fbem-15390	197	33	the	the	DET
fbem-15390	197	34	likelihood	likelihood	NOUN
fbem-15390	197	35	of	of	ADP
fbem-15390	197	36	financial	financial	ADJ
fbem-15390	197	37	crises	crisis	NOUN
fbem-15390	197	38	.	.	PUNCT
fbem-15390	198	1	according	accord	VERB
fbem-15390	198	2	to	to	ADP
fbem-15390	198	3	the	the	DET
fbem-15390	198	4	data	datum	NOUN
fbem-15390	198	5	presented	present	VERB
fbem-15390	198	6	in	in	ADP
fbem-15390	198	7	figure	figure	NOUN
fbem-15390	198	8	3	3	NUM
fbem-15390	198	9	,	,	PUNCT
fbem-15390	198	10	the	the	DET
fbem-15390	198	11	implementation	implementation	NOUN
fbem-15390	198	12	of	of	ADP
fbem-15390	198	13	interest	interest	NOUN
fbem-15390	198	14	rate	rate	NOUN
fbem-15390	198	15	marketisation	marketisation	NOUN
fbem-15390	198	16	in	in	ADP
fbem-15390	198	17	certain	certain	ADJ
fbem-15390	198	18	countries	country	NOUN
fbem-15390	198	19	,	,	PUNCT
fbem-15390	198	20	encompassing	encompass	VERB
fbem-15390	198	21	both	both	CCONJ
fbem-15390	198	22	advanced	advanced	ADJ
fbem-15390	198	23	economies	economy	NOUN
fbem-15390	198	24	and	and	CCONJ
fbem-15390	198	25	developing	develop	VERB
fbem-15390	198	26	nations	nation	NOUN
fbem-15390	198	27	with	with	ADP
fbem-15390	198	28	limited	limited	ADJ
fbem-15390	198	29	financial	financial	ADJ
fbem-15390	198	30	infrastructures	infrastructure	NOUN
fbem-15390	198	31	,	,	PUNCT
fbem-15390	198	32	is	be	AUX
fbem-15390	198	33	expected	expect	VERB
fbem-15390	198	34	to	to	PART
fbem-15390	198	35	result	result	VERB
fbem-15390	198	36	in	in	ADP
fbem-15390	198	37	increased	increase	VERB
fbem-15390	198	38	volatility	volatility	NOUN
fbem-15390	198	39	in	in	ADP
fbem-15390	198	40	gdp	gdp	NOUN
fbem-15390	198	41	growth	growth	NOUN
fbem-15390	198	42	.	.	PUNCT
fbem-15390	199	1	in	in	ADP
fbem-15390	199	2	general	general	ADJ
fbem-15390	199	3	,	,	PUNCT
fbem-15390	199	4	the	the	DET
fbem-15390	199	5	likelihood	likelihood	NOUN
fbem-15390	199	6	of	of	ADP
fbem-15390	199	7	a	a	DET
fbem-15390	199	8	financial	financial	ADJ
fbem-15390	199	9	crisis	crisis	NOUN
fbem-15390	199	10	in	in	ADP
fbem-15390	199	11	an	an	DET
fbem-15390	199	12	open	open	ADJ
fbem-15390	199	13	financial	financial	ADJ
fbem-15390	199	14	system	system	NOUN
fbem-15390	199	15	experiences	experience	VERB
fbem-15390	199	16	a	a	DET
fbem-15390	199	17	notable	notable	ADJ
fbem-15390	199	18	increase	increase	NOUN
fbem-15390	199	19	subsequent	subsequent	ADJ
fbem-15390	199	20	to	to	ADP
fbem-15390	199	21	the	the	DET
fbem-15390	199	22	marketization	marketization	NOUN
fbem-15390	199	23	of	of	ADP
fbem-15390	199	24	interest	interest	NOUN
fbem-15390	199	25	rates	rate	NOUN
fbem-15390	199	26	.	.	PUNCT
fbem-15390	200	1	hence	hence	ADV
fbem-15390	200	2	,	,	PUNCT
fbem-15390	200	3	it	it	PRON
fbem-15390	200	4	is	be	AUX
fbem-15390	200	5	imperative	imperative	ADJ
fbem-15390	200	6	to	to	PART
fbem-15390	200	7	prioritize	prioritize	VERB
fbem-15390	200	8	the	the	DET
fbem-15390	200	9	mitigation	mitigation	NOUN
fbem-15390	200	10	of	of	ADP
fbem-15390	200	11	potential	potential	ADJ
fbem-15390	200	12	volatility	volatility	NOUN
fbem-15390	200	13	in	in	ADP
fbem-15390	200	14	the	the	DET
fbem-15390	200	15	financial	financial	ADJ
fbem-15390	200	16	markets	market	NOUN
fbem-15390	200	17	and	and	CCONJ
fbem-15390	200	18	economic	economic	ADJ
fbem-15390	200	19	progress	progress	NOUN
fbem-15390	200	20	of	of	ADP
fbem-15390	200	21	hainan	hainan	PROPN
fbem-15390	200	22	's	's	PART
fbem-15390	200	23	free	free	ADJ
fbem-15390	200	24	-	-	PUNCT
fbem-15390	200	25	trade	trade	NOUN
fbem-15390	200	26	ports	port	NOUN
fbem-15390	200	27	while	while	SCONJ
fbem-15390	200	28	undergoing	undergo	VERB
fbem-15390	200	29	interest	interest	NOUN
fbem-15390	200	30	rate	rate	NOUN
fbem-15390	200	31	marketization	marketization	NOUN
fbem-15390	200	32	.	.	PUNCT
fbem-15390	201	1	additionally	additionally	ADV
fbem-15390	201	2	,	,	PUNCT
fbem-15390	201	3	it	it	PRON
fbem-15390	201	4	is	be	AUX
fbem-15390	201	5	crucial	crucial	ADJ
fbem-15390	201	6	to	to	PART
fbem-15390	201	7	prevent	prevent	VERB
fbem-15390	201	8	the	the	DET
fbem-15390	201	9	transmission	transmission	NOUN
fbem-15390	201	10	of	of	ADP
fbem-15390	201	11	such	such	ADJ
fbem-15390	201	12	oscillations	oscillation	NOUN
fbem-15390	201	13	to	to	ADP
fbem-15390	201	14	the	the	DET
fbem-15390	201	15	financial	financial	ADJ
fbem-15390	201	16	system	system	NOUN
fbem-15390	201	17	beyond	beyond	ADP
fbem-15390	201	18	hong	hong	PROPN
fbem-15390	201	19	kong	kong	PROPN
fbem-15390	201	20	.	.	PUNCT
fbem-15390	202	1	3.3.2	3.3.2	X
fbem-15390	202	2	.	.	X
fbem-15390	202	3	cross	cross	ADJ
fbem-15390	202	4	-	-	ADJ
fbem-15390	202	5	border	border	ADJ
fbem-15390	202	6	capital	capital	NOUN
fbem-15390	202	7	arbitrage	arbitrage	NOUN
fbem-15390	202	8	risk	risk	VERB
fbem-15390	202	9	the	the	DET
fbem-15390	202	10	primary	primary	ADJ
fbem-15390	202	11	framework	framework	NOUN
fbem-15390	202	12	for	for	ADP
fbem-15390	202	13	financial	financial	ADJ
fbem-15390	202	14	liberalization	liberalization	NOUN
fbem-15390	202	15	in	in	ADP
fbem-15390	202	16	hainan	hainan	PROPN
fbem-15390	202	17	's	's	PART
fbem-15390	202	18	free	free	PROPN
fbem-15390	202	19	trade	trade	NOUN
fbem-15390	202	20	port	port	NOUN
fbem-15390	202	21	is	be	AUX
fbem-15390	202	22	the	the	DET
fbem-15390	202	23	unrestricted	unrestricted	ADJ
fbem-15390	202	24	and	and	CCONJ
fbem-15390	202	25	facilitated	facilitated	ADJ
fbem-15390	202	26	movement	movement	NOUN
fbem-15390	202	27	of	of	ADP
fbem-15390	202	28	capital	capital	NOUN
fbem-15390	202	29	across	across	ADP
fbem-15390	202	30	borders	border	NOUN
fbem-15390	202	31	.	.	PUNCT
fbem-15390	203	1	this	this	DET
fbem-15390	203	2	arrangement	arrangement	NOUN
fbem-15390	203	3	serves	serve	VERB
fbem-15390	203	4	as	as	ADP
fbem-15390	203	5	a	a	DET
fbem-15390	203	6	fundamental	fundamental	ADJ
fbem-15390	203	7	pillar	pillar	NOUN
fbem-15390	203	8	in	in	ADP
fbem-15390	203	9	promoting	promote	VERB
fbem-15390	203	10	the	the	DET
fbem-15390	203	11	liberalization	liberalization	NOUN
fbem-15390	203	12	and	and	CCONJ
fbem-15390	203	13	facilitation	facilitation	NOUN
fbem-15390	203	14	of	of	ADP
fbem-15390	203	15	international	international	ADJ
fbem-15390	203	16	commerce	commerce	PROPN
fbem-15390	203	17	and	and	CCONJ
fbem-15390	203	18	investment	investment	NOUN
fbem-15390	203	19	within	within	ADP
fbem-15390	203	20	hainan	hainan	PROPN
fbem-15390	203	21	's	's	PART
fbem-15390	203	22	free	free	ADJ
fbem-15390	203	23	trade	trade	NOUN
fbem-15390	203	24	port	port	NOUN
fbem-15390	203	25	.	.	PUNCT
fbem-15390	204	1	nevertheless	nevertheless	ADV
fbem-15390	204	2	,	,	PUNCT
fbem-15390	204	3	it	it	PRON
fbem-15390	204	4	is	be	AUX
fbem-15390	204	5	imperative	imperative	ADJ
fbem-15390	204	6	to	to	PART
fbem-15390	204	7	take	take	VERB
fbem-15390	204	8	precautionary	precautionary	ADJ
fbem-15390	204	9	measures	measure	NOUN
fbem-15390	204	10	to	to	PART
fbem-15390	204	11	mitigate	mitigate	VERB
fbem-15390	204	12	the	the	DET
fbem-15390	204	13	potential	potential	ADJ
fbem-15390	204	14	hazards	hazard	NOUN
fbem-15390	204	15	associated	associate	VERB
fbem-15390	204	16	with	with	ADP
fbem-15390	204	17	arbitrage	arbitrage	NOUN
fbem-15390	204	18	when	when	SCONJ
fbem-15390	204	19	allowing	allow	VERB
fbem-15390	204	20	the	the	DET
fbem-15390	204	21	movement	movement	NOUN
fbem-15390	204	22	of	of	ADP
fbem-15390	204	23	capital	capital	NOUN
fbem-15390	204	24	across	across	ADP
fbem-15390	204	25	borders	border	NOUN
fbem-15390	204	26	.	.	PUNCT
fbem-15390	205	1	the	the	DET
fbem-15390	205	2	implementation	implementation	NOUN
fbem-15390	205	3	of	of	ADP
fbem-15390	205	4	cross	cross	ADJ
fbem-15390	205	5	-	-	ADJ
fbem-15390	205	6	border	border	ADJ
fbem-15390	205	7	rmb	rmb	NOUN
fbem-15390	205	8	trade	trade	NOUN
fbem-15390	205	9	settlement	settlement	NOUN
fbem-15390	205	10	in	in	ADP
fbem-15390	205	11	the	the	DET
fbem-15390	205	12	hainan	hainan	PROPN
fbem-15390	205	13	free	free	PROPN
fbem-15390	205	14	trade	trade	PROPN
fbem-15390	205	15	port	port	NOUN
fbem-15390	205	16	and	and	CCONJ
fbem-15390	205	17	the	the	DET
fbem-15390	205	18	offshore	offshore	ADJ
fbem-15390	205	19	rmb	rmb	ADJ
fbem-15390	205	20	foreign	foreign	ADJ
fbem-15390	205	21	exchange	exchange	NOUN
fbem-15390	205	22	market	market	NOUN
fbem-15390	205	23	presents	present	VERB
fbem-15390	205	24	an	an	DET
fbem-15390	205	25	opportunity	opportunity	NOUN
fbem-15390	205	26	for	for	ADP
fbem-15390	205	27	arbitrage	arbitrage	NOUN
fbem-15390	205	28	advantages	advantage	NOUN
fbem-15390	205	29	,	,	PUNCT
fbem-15390	205	30	serving	serve	VERB
fbem-15390	205	31	as	as	ADP
fbem-15390	205	32	a	a	DET
fbem-15390	205	33	gateway	gateway	NOUN
fbem-15390	205	34	for	for	ADP
fbem-15390	205	35	china	china	PROPN
fbem-15390	205	36	's	's	PART
fbem-15390	205	37	foreign	foreign	ADJ
fbem-15390	205	38	exchange	exchange	NOUN
fbem-15390	205	39	activities	activity	NOUN
fbem-15390	205	40	.	.	PUNCT
fbem-15390	206	1	if	if	SCONJ
fbem-15390	206	2	the	the	DET
fbem-15390	206	3	occurrence	occurrence	NOUN
fbem-15390	206	4	of	of	ADP
fbem-15390	206	5	arbitrage	arbitrage	NOUN
fbem-15390	206	6	indirectly	indirectly	ADV
fbem-15390	206	7	impacts	impact	VERB
fbem-15390	206	8	the	the	DET
fbem-15390	206	9	variations	variation	NOUN
fbem-15390	206	10	of	of	ADP
fbem-15390	206	11	the	the	DET
fbem-15390	206	12	exchange	exchange	NOUN
fbem-15390	206	13	rate	rate	NOUN
fbem-15390	206	14	in	in	ADP
fbem-15390	206	15	the	the	DET
fbem-15390	206	16	free	free	ADJ
fbem-15390	206	17	trade	trade	NOUN
fbem-15390	206	18	port	port	NOUN
fbem-15390	206	19	,	,	PUNCT
fbem-15390	206	20	it	it	PRON
fbem-15390	206	21	might	might	AUX
fbem-15390	206	22	potentially	potentially	ADV
fbem-15390	206	23	lead	lead	VERB
fbem-15390	206	24	to	to	ADP
fbem-15390	206	25	heightened	heighten	VERB
fbem-15390	206	26	volatility	volatility	NOUN
fbem-15390	206	27	in	in	ADP
fbem-15390	206	28	the	the	DET
fbem-15390	206	29	foreign	foreign	ADJ
fbem-15390	206	30	exchange	exchange	NOUN
fbem-15390	206	31	market	market	NOUN
fbem-15390	206	32	.	.	PUNCT
fbem-15390	207	1	this	this	PRON
fbem-15390	207	2	,	,	PUNCT
fbem-15390	207	3	in	in	ADP
fbem-15390	207	4	turn	turn	NOUN
fbem-15390	207	5	,	,	PUNCT
fbem-15390	207	6	may	may	AUX
fbem-15390	207	7	have	have	VERB
fbem-15390	207	8	adverse	adverse	ADJ
fbem-15390	207	9	effects	effect	NOUN
fbem-15390	207	10	on	on	ADP
fbem-15390	207	11	the	the	DET
fbem-15390	207	12	smooth	smooth	ADJ
fbem-15390	207	13	functioning	functioning	NOUN
fbem-15390	207	14	of	of	ADP
fbem-15390	207	15	international	international	ADJ
fbem-15390	207	16	trade	trade	NOUN
fbem-15390	207	17	activities	activity	NOUN
fbem-15390	207	18	inside	inside	ADP
fbem-15390	207	19	the	the	DET
fbem-15390	207	20	hainan	hainan	PROPN
fbem-15390	207	21	free	free	PROPN
fbem-15390	207	22	trade	trade	PROPN
fbem-15390	207	23	port	port	NOUN
fbem-15390	207	24	.	.	PUNCT
fbem-15390	208	1	the	the	DET
fbem-15390	208	2	implementation	implementation	NOUN
fbem-15390	208	3	of	of	ADP
fbem-15390	208	4	financial	financial	ADJ
fbem-15390	208	5	incentives	incentive	NOUN
fbem-15390	208	6	within	within	ADP
fbem-15390	208	7	the	the	DET
fbem-15390	208	8	free	free	ADJ
fbem-15390	208	9	trade	trade	NOUN
fbem-15390	208	10	port	port	NOUN
fbem-15390	208	11	of	of	ADP
fbem-15390	208	12	hainan	hainan	PROPN
fbem-15390	208	13	,	,	PUNCT
fbem-15390	208	14	along	along	ADP
fbem-15390	208	15	with	with	ADP
fbem-15390	208	16	the	the	DET
fbem-15390	208	17	relaxation	relaxation	NOUN
fbem-15390	208	18	of	of	ADP
fbem-15390	208	19	foreign	foreign	ADJ
fbem-15390	208	20	debt	debt	NOUN
fbem-15390	208	21	restrictions	restriction	NOUN
fbem-15390	208	22	for	for	ADP
fbem-15390	208	23	firms	firm	NOUN
fbem-15390	208	24	,	,	PUNCT
fbem-15390	208	25	is	be	AUX
fbem-15390	208	26	expected	expect	VERB
fbem-15390	208	27	to	to	PART
fbem-15390	208	28	result	result	VERB
fbem-15390	208	29	in	in	ADP
fbem-15390	208	30	a	a	DET
fbem-15390	208	31	notable	notable	ADJ
fbem-15390	208	32	disparity	disparity	NOUN
fbem-15390	208	33	between	between	ADP
fbem-15390	208	34	the	the	DET
fbem-15390	208	35	economic	economic	ADJ
fbem-15390	208	36	conditions	condition	NOUN
fbem-15390	208	37	inside	inside	ADP
fbem-15390	208	38	and	and	CCONJ
fbem-15390	208	39	outside	outside	ADP
fbem-15390	208	40	the	the	DET
fbem-15390	208	41	port	port	NOUN
fbem-15390	208	42	.	.	PUNCT
fbem-15390	209	1	in	in	ADP
fbem-15390	209	2	this	this	DET
fbem-15390	209	3	scenario	scenario	NOUN
fbem-15390	209	4	,	,	PUNCT
fbem-15390	209	5	the	the	DET
fbem-15390	209	6	potential	potential	ADJ
fbem-15390	209	7	outcome	outcome	NOUN
fbem-15390	209	8	involves	involve	VERB
fbem-15390	209	9	the	the	DET
fbem-15390	209	10	potential	potential	ADJ
fbem-15390	209	11	participation	participation	NOUN
fbem-15390	209	12	of	of	ADP
fbem-15390	209	13	international	international	ADJ
fbem-15390	209	14	arbitrage	arbitrage	NOUN
fbem-15390	209	15	funds	fund	NOUN
fbem-15390	209	16	in	in	ADP
fbem-15390	209	17	the	the	DET
fbem-15390	209	18	practice	practice	NOUN
fbem-15390	209	19	of	of	ADP
fbem-15390	209	20	free	free	ADJ
fbem-15390	209	21	trade	trade	NOUN
fbem-15390	209	22	port	port	NOUN
fbem-15390	209	23	arbitrage	arbitrage	NOUN
fbem-15390	209	24	.	.	PUNCT
fbem-15390	210	1	the	the	DET
fbem-15390	210	2	cross	cross	ADJ
fbem-15390	210	3	-	-	ADJ
fbem-15390	210	4	border	border	ADJ
fbem-15390	210	5	investment	investment	NOUN
fbem-15390	210	6	and	and	CCONJ
fbem-15390	210	7	financing	financing	NOUN
fbem-15390	210	8	channels	channel	NOUN
fbem-15390	210	9	available	available	ADJ
fbem-15390	210	10	in	in	ADP
fbem-15390	210	11	hainan	hainan	PROPN
fbem-15390	210	12	's	's	PART
fbem-15390	210	13	free	free	ADJ
fbem-15390	210	14	trade	trade	NOUN
fbem-15390	210	15	harbor	harbor	NOUN
fbem-15390	210	16	exhibit	exhibit	VERB
fbem-15390	210	17	greater	great	ADJ
fbem-15390	210	18	breadth	breadth	NOUN
fbem-15390	210	19	compared	compare	VERB
fbem-15390	210	20	to	to	ADP
fbem-15390	210	21	those	those	PRON
fbem-15390	210	22	within	within	ADP
fbem-15390	210	23	the	the	DET
fbem-15390	210	24	domestic	domestic	ADJ
fbem-15390	210	25	market	market	NOUN
fbem-15390	210	26	.	.	PUNCT
fbem-15390	211	1	consequently	consequently	ADV
fbem-15390	211	2	,	,	PUNCT
fbem-15390	211	3	this	this	PRON
fbem-15390	211	4	facilitates	facilitate	VERB
fbem-15390	211	5	heightened	heightened	ADJ
fbem-15390	211	6	levels	level	NOUN
fbem-15390	211	7	of	of	ADP
fbem-15390	211	8	cross	cross	ADJ
fbem-15390	211	9	-	-	ADJ
fbem-15390	211	10	border	border	ADJ
fbem-15390	211	11	exchange	exchange	NOUN
fbem-15390	211	12	rate	rate	NOUN
fbem-15390	211	13	and	and	CCONJ
fbem-15390	211	14	carry	carry	VERB
fbem-15390	211	15	arbitrage	arbitrage	NOUN
fbem-15390	211	16	operations	operation	NOUN
fbem-15390	211	17	.	.	PUNCT
fbem-15390	212	1	the	the	DET
fbem-15390	212	2	occurrence	occurrence	NOUN
fbem-15390	212	3	of	of	ADP
fbem-15390	212	4	cross	cross	ADJ
fbem-15390	212	5	-	-	ADJ
fbem-15390	212	6	border	border	ADJ
fbem-15390	212	7	capital	capital	NOUN
fbem-15390	212	8	arbitrage	arbitrage	NOUN
fbem-15390	212	9	has	have	VERB
fbem-15390	212	10	the	the	DET
fbem-15390	212	11	potential	potential	NOUN
fbem-15390	212	12	to	to	PART
fbem-15390	212	13	not	not	PART
fbem-15390	212	14	only	only	ADV
fbem-15390	212	15	intensify	intensify	VERB
fbem-15390	212	16	fluctuations	fluctuation	NOUN
fbem-15390	212	17	in	in	ADP
fbem-15390	212	18	exchange	exchange	NOUN
fbem-15390	212	19	rates	rate	NOUN
fbem-15390	212	20	,	,	PUNCT
fbem-15390	212	21	but	but	CCONJ
fbem-15390	212	22	also	also	ADV
fbem-15390	212	23	impact	impact	VERB
fbem-15390	212	24	the	the	DET
fbem-15390	212	25	customary	customary	ADJ
fbem-15390	212	26	progression	progression	NOUN
fbem-15390	212	27	of	of	ADP
fbem-15390	212	28	interest	interest	NOUN
fbem-15390	212	29	rate	rate	NOUN
fbem-15390	212	30	marketization	marketization	NOUN
fbem-15390	212	31	and	and	CCONJ
fbem-15390	212	32	capital	capital	NOUN
fbem-15390	212	33	liberalization	liberalization	NOUN
fbem-15390	212	34	.	.	PUNCT
fbem-15390	213	1	hence	hence	ADV
fbem-15390	213	2	,	,	PUNCT
fbem-15390	213	3	it	it	PRON
fbem-15390	213	4	is	be	AUX
fbem-15390	213	5	imperative	imperative	ADJ
fbem-15390	213	6	to	to	PART
fbem-15390	213	7	implement	implement	VERB
fbem-15390	213	8	stringent	stringent	ADJ
fbem-15390	213	9	regulations	regulation	NOUN
fbem-15390	213	10	on	on	ADP
fbem-15390	213	11	the	the	DET
fbem-15390	213	12	atypical	atypical	ADJ
fbem-15390	213	13	movement	movement	NOUN
fbem-15390	213	14	of	of	ADP
fbem-15390	213	15	cross	cross	ADJ
fbem-15390	213	16	-	-	ADJ
fbem-15390	213	17	border	border	ADJ
fbem-15390	213	18	capital	capital	NOUN
fbem-15390	213	19	in	in	ADP
fbem-15390	213	20	order	order	NOUN
fbem-15390	213	21	to	to	PART
fbem-15390	213	22	safeguard	safeguard	VERB
fbem-15390	213	23	financial	financial	ADJ
fbem-15390	213	24	stability	stability	NOUN
fbem-15390	213	25	within	within	ADP
fbem-15390	213	26	the	the	DET
fbem-15390	213	27	free	free	ADJ
fbem-15390	213	28	trade	trade	NOUN
fbem-15390	213	29	harbor	harbor	NOUN
fbem-15390	213	30	.	.	PUNCT
fbem-15390	214	1	3.3.3	3.3.3	X
fbem-15390	214	2	.	.	PUNCT
fbem-15390	214	3	cross	cross	ADJ
fbem-15390	214	4	-	-	ADJ
fbem-15390	214	5	border	border	ADJ
fbem-15390	214	6	arbitrage	arbitrage	NOUN
fbem-15390	214	7	risk	risk	NOUN
fbem-15390	214	8	under	under	ADP
fbem-15390	214	9	trade	trade	NOUN
fbem-15390	214	10	the	the	DET
fbem-15390	214	11	free	free	ADJ
fbem-15390	214	12	trade	trade	NOUN
fbem-15390	214	13	port	port	NOUN
fbem-15390	214	14	in	in	ADP
fbem-15390	214	15	hainan	hainan	PROPN
fbem-15390	214	16	plays	play	VERB
fbem-15390	214	17	a	a	DET
fbem-15390	214	18	significant	significant	ADJ
fbem-15390	214	19	role	role	NOUN
fbem-15390	214	20	in	in	ADP
fbem-15390	214	21	china	china	PROPN
fbem-15390	214	22	's	's	PART
fbem-15390	214	23	foreign	foreign	ADJ
fbem-15390	214	24	commerce	commerce	NOUN
fbem-15390	214	25	by	by	ADP
fbem-15390	214	26	serving	serve	VERB
fbem-15390	214	27	as	as	ADP
fbem-15390	214	28	a	a	DET
fbem-15390	214	29	crucial	crucial	ADJ
fbem-15390	214	30	gateway	gateway	NOUN
fbem-15390	214	31	.	.	PUNCT
fbem-15390	215	1	its	its	PRON
fbem-15390	215	2	primary	primary	ADJ
fbem-15390	215	3	objectives	objective	NOUN
fbem-15390	215	4	include	include	VERB
fbem-15390	215	5	enhancing	enhance	VERB
fbem-15390	215	6	openness	openness	NOUN
fbem-15390	215	7	and	and	CCONJ
fbem-15390	215	8	discovering	discover	VERB
fbem-15390	215	9	innovative	innovative	ADJ
fbem-15390	215	10	approaches	approach	NOUN
fbem-15390	215	11	to	to	ADP
fbem-15390	215	12	foreign	foreign	ADJ
fbem-15390	215	13	trade	trade	NOUN
fbem-15390	215	14	collaboration	collaboration	NOUN
fbem-15390	215	15	.	.	PUNCT
fbem-15390	216	1	the	the	DET
fbem-15390	216	2	building	building	NOUN
fbem-15390	216	3	and	and	CCONJ
fbem-15390	216	4	extension	extension	NOUN
fbem-15390	216	5	of	of	ADP
fbem-15390	216	6	the	the	DET
fbem-15390	216	7	free	free	ADJ
fbem-15390	216	8	trade	trade	NOUN
fbem-15390	216	9	port	port	NOUN
fbem-15390	216	10	are	be	AUX
fbem-15390	216	11	intricately	intricately	ADV
fbem-15390	216	12	linked	link	VERB
fbem-15390	216	13	to	to	ADP
fbem-15390	216	14	the	the	DET
fbem-15390	216	15	advancement	advancement	NOUN
fbem-15390	216	16	of	of	ADP
fbem-15390	216	17	foreign	foreign	ADJ
fbem-15390	216	18	trade	trade	NOUN
fbem-15390	216	19	.	.	PUNCT
fbem-15390	217	1	cross	cross	ADJ
fbem-15390	217	2	-	-	ADJ
fbem-15390	217	3	border	border	ADJ
fbem-15390	217	4	trade	trade	NOUN
fbem-15390	217	5	capital	capital	NOUN
fbem-15390	217	6	flows	flow	NOUN
fbem-15390	217	7	often	often	ADV
fbem-15390	217	8	involve	involve	VERB
fbem-15390	217	9	the	the	DET
fbem-15390	217	10	movement	movement	NOUN
fbem-15390	217	11	of	of	ADP
fbem-15390	217	12	capital	capital	NOUN
fbem-15390	217	13	from	from	ADP
fbem-15390	217	14	nations	nation	NOUN
fbem-15390	217	15	that	that	PRON
fbem-15390	217	16	import	import	VERB
fbem-15390	217	17	commodities	commodity	NOUN
fbem-15390	217	18	to	to	ADP
fbem-15390	217	19	countries	country	NOUN
fbem-15390	217	20	that	that	SCONJ
fbem-15390	217	21	export	export	NOUN
fbem-15390	217	22	commodities	commodity	NOUN
fbem-15390	217	23	,	,	PUNCT
fbem-15390	217	24	resulting	result	VERB
fbem-15390	217	25	in	in	ADP
fbem-15390	217	26	a	a	DET
fbem-15390	217	27	reciprocal	reciprocal	ADJ
fbem-15390	217	28	relationship	relationship	NOUN
fbem-15390	217	29	between	between	ADP
fbem-15390	217	30	the	the	DET
fbem-15390	217	31	flow	flow	NOUN
fbem-15390	217	32	of	of	ADP
fbem-15390	217	33	products	product	NOUN
fbem-15390	217	34	and	and	CCONJ
fbem-15390	217	35	the	the	DET
fbem-15390	217	36	flow	flow	NOUN
fbem-15390	217	37	of	of	ADP
fbem-15390	217	38	capital	capital	NOUN
fbem-15390	217	39	.	.	PUNCT
fbem-15390	218	1	due	due	ADP
fbem-15390	218	2	to	to	ADP
fbem-15390	218	3	china	china	PROPN
fbem-15390	218	4	's	's	PART
fbem-15390	218	5	continued	continue	VERB
fbem-15390	218	6	regulation	regulation	NOUN
fbem-15390	218	7	of	of	ADP
fbem-15390	218	8	cross	cross	ADJ
fbem-15390	218	9	-	-	ADJ
fbem-15390	218	10	border	border	ADJ
fbem-15390	218	11	money	money	NOUN
fbem-15390	218	12	flows	flow	VERB
fbem-15390	218	13	,	,	PUNCT
fbem-15390	218	14	it	it	PRON
fbem-15390	218	15	is	be	AUX
fbem-15390	218	16	possible	possible	ADJ
fbem-15390	218	17	for	for	SCONJ
fbem-15390	218	18	cross	cross	ADJ
fbem-15390	218	19	-	-	ADJ
fbem-15390	218	20	border	border	ADJ
fbem-15390	218	21	arbitrage	arbitrage	NOUN
fbem-15390	218	22	capital	capital	NOUN
fbem-15390	218	23	to	to	PART
fbem-15390	218	24	be	be	AUX
fbem-15390	218	25	surreptitiously	surreptitiously	ADV
fbem-15390	218	26	channeled	channel	VERB
fbem-15390	218	27	through	through	ADP
fbem-15390	218	28	the	the	DET
fbem-15390	218	29	foreign	foreign	ADJ
fbem-15390	218	30	trade	trade	NOUN
fbem-15390	218	31	channels	channel	NOUN
fbem-15390	218	32	of	of	ADP
fbem-15390	218	33	free	free	ADJ
fbem-15390	218	34	trade	trade	NOUN
fbem-15390	218	35	ports	port	NOUN
fbem-15390	218	36	.	.	PUNCT
fbem-15390	219	1	the	the	DET
fbem-15390	219	2	engagement	engagement	NOUN
fbem-15390	219	3	in	in	ADP
fbem-15390	219	4	cross	cross	ADJ
fbem-15390	219	5	-	-	ADJ
fbem-15390	219	6	border	border	ADJ
fbem-15390	219	7	arbitrage	arbitrage	NOUN
fbem-15390	219	8	trade	trade	NOUN
fbem-15390	219	9	poses	pose	VERB
fbem-15390	219	10	potential	potential	ADJ
fbem-15390	219	11	hazards	hazard	NOUN
fbem-15390	219	12	to	to	ADP
fbem-15390	219	13	several	several	ADJ
fbem-15390	219	14	aspects	aspect	NOUN
fbem-15390	219	15	,	,	PUNCT
fbem-15390	219	16	such	such	ADJ
fbem-15390	219	17	as	as	ADP
fbem-15390	219	18	import	import	NOUN
fbem-15390	219	19	and	and	CCONJ
fbem-15390	219	20	export	export	NOUN
fbem-15390	219	21	regulations	regulation	NOUN
fbem-15390	219	22	,	,	PUNCT
fbem-15390	219	23	foreign	foreign	ADJ
fbem-15390	219	24	trade	trade	NOUN
fbem-15390	219	25	financing	financing	NOUN
fbem-15390	219	26	operations	operation	NOUN
fbem-15390	219	27	conducted	conduct	VERB
fbem-15390	219	28	by	by	ADP
fbem-15390	219	29	banks	bank	NOUN
fbem-15390	219	30	,	,	PUNCT
fbem-15390	219	31	and	and	CCONJ
fbem-15390	219	32	foreign	foreign	ADJ
fbem-15390	219	33	exchange	exchange	NOUN
fbem-15390	219	34	management	management	NOUN
fbem-15390	219	35	.	.	PUNCT
fbem-15390	220	1	these	these	DET
fbem-15390	220	2	risks	risk	NOUN
fbem-15390	220	3	have	have	VERB
fbem-15390	220	4	the	the	DET
fbem-15390	220	5	potential	potential	NOUN
fbem-15390	220	6	to	to	PART
fbem-15390	220	7	disrupt	disrupt	VERB
fbem-15390	220	8	the	the	DET
fbem-15390	220	9	regular	regular	ADJ
fbem-15390	220	10	functioning	functioning	NOUN
fbem-15390	220	11	of	of	ADP
fbem-15390	220	12	the	the	DET
fbem-15390	220	13	economy	economy	NOUN
fbem-15390	220	14	and	and	CCONJ
fbem-15390	220	15	have	have	VERB
fbem-15390	220	16	implications	implication	NOUN
fbem-15390	220	17	for	for	ADP
fbem-15390	220	18	the	the	DET
fbem-15390	220	19	establishment	establishment	NOUN
fbem-15390	220	20	and	and	CCONJ
fbem-15390	220	21	sustained	sustained	ADJ
fbem-15390	220	22	growth	growth	NOUN
fbem-15390	220	23	of	of	ADP
fbem-15390	220	24	the	the	DET
fbem-15390	220	25	hainan	hainan	PROPN
fbem-15390	220	26	free	free	PROPN
fbem-15390	220	27	trade	trade	PROPN
fbem-15390	220	28	port	port	NOUN
fbem-15390	220	29	.	.	PUNCT
fbem-15390	221	1	therefore	therefore	ADV
fbem-15390	221	2	,	,	PUNCT
fbem-15390	221	3	it	it	PRON
fbem-15390	221	4	is	be	AUX
fbem-15390	221	5	imperative	imperative	ADJ
fbem-15390	221	6	to	to	PART
fbem-15390	221	7	enhance	enhance	VERB
fbem-15390	221	8	the	the	DET
fbem-15390	221	9	detection	detection	NOUN
fbem-15390	221	10	and	and	CCONJ
fbem-15390	221	11	monitoring	monitoring	NOUN
fbem-15390	221	12	of	of	ADP
fbem-15390	221	13	cross	cross	ADJ
fbem-15390	221	14	-	-	ADJ
fbem-15390	221	15	border	border	ADJ
fbem-15390	221	16	arbitrage	arbitrage	NOUN
fbem-15390	221	17	transactions	transaction	NOUN
fbem-15390	221	18	in	in	ADP
fbem-15390	221	19	order	order	NOUN
fbem-15390	221	20	to	to	PART
fbem-15390	221	21	mitigate	mitigate	VERB
fbem-15390	221	22	the	the	DET
fbem-15390	221	23	potential	potential	ADJ
fbem-15390	221	24	hazards	hazard	NOUN
fbem-15390	221	25	that	that	SCONJ
fbem-15390	221	26	such	such	ADJ
fbem-15390	221	27	activities	activity	NOUN
fbem-15390	221	28	may	may	AUX
fbem-15390	221	29	pose	pose	VERB
fbem-15390	221	30	to	to	ADP
fbem-15390	221	31	the	the	DET
fbem-15390	221	32	domestic	domestic	ADJ
fbem-15390	221	33	economy	economy	NOUN
fbem-15390	221	34	of	of	ADP
fbem-15390	221	35	china	china	PROPN
fbem-15390	221	36	.	.	PUNCT
fbem-15390	222	1	3.3.4	3.3.4	X
fbem-15390	222	2	.	.	PUNCT
fbem-15390	223	1	risk	risk	NOUN
fbem-15390	223	2	of	of	ADP
fbem-15390	223	3	cross	cross	NOUN
fbem-15390	223	4	contagion	contagion	NOUN
fbem-15390	223	5	the	the	DET
fbem-15390	223	6	hainan	hainan	PROPN
fbem-15390	223	7	free	free	PROPN
fbem-15390	223	8	trade	trade	PROPN
fbem-15390	223	9	port	port	NOUN
fbem-15390	223	10	serves	serve	VERB
fbem-15390	223	11	as	as	ADP
fbem-15390	223	12	a	a	DET
fbem-15390	223	13	significant	significant	ADJ
fbem-15390	223	14	conduit	conduit	NOUN
fbem-15390	223	15	for	for	ADP
fbem-15390	223	16	the	the	DET
fbem-15390	223	17	bi	bi	ADJ
fbem-15390	223	18	-	-	ADJ
fbem-15390	223	19	directional	directional	ADJ
fbem-15390	223	20	movement	movement	NOUN
fbem-15390	223	21	of	of	ADP
fbem-15390	223	22	commodities	commodity	NOUN
fbem-15390	223	23	and	and	CCONJ
fbem-15390	223	24	resources	resource	NOUN
fbem-15390	223	25	,	,	PUNCT
fbem-15390	223	26	functioning	function	VERB
fbem-15390	223	27	as	as	ADP
fbem-15390	223	28	a	a	DET
fbem-15390	223	29	crucial	crucial	ADJ
fbem-15390	223	30	nexus	nexus	NOUN
fbem-15390	223	31	that	that	PRON
fbem-15390	223	32	links	link	VERB
fbem-15390	223	33	china	china	PROPN
fbem-15390	223	34	's	's	PART
fbem-15390	223	35	internal	internal	ADJ
fbem-15390	223	36	and	and	CCONJ
fbem-15390	223	37	international	international	ADJ
fbem-15390	223	38	markets	market	NOUN
fbem-15390	223	39	.	.	PUNCT
fbem-15390	224	1	the	the	DET
fbem-15390	224	2	expansion	expansion	NOUN
fbem-15390	224	3	of	of	ADP
fbem-15390	224	4	the	the	DET
fbem-15390	224	5	hainan	hainan	PROPN
fbem-15390	224	6	free	free	PROPN
fbem-15390	224	7	trade	trade	PROPN
fbem-15390	224	8	port	port	NOUN
fbem-15390	224	9	has	have	AUX
fbem-15390	224	10	led	lead	VERB
fbem-15390	224	11	to	to	ADP
fbem-15390	224	12	a	a	DET
fbem-15390	224	13	substantial	substantial	ADJ
fbem-15390	224	14	growth	growth	NOUN
fbem-15390	224	15	in	in	ADP
fbem-15390	224	16	the	the	DET
fbem-15390	224	17	volume	volume	NOUN
fbem-15390	224	18	of	of	ADP
fbem-15390	224	19	cross	cross	ADJ
fbem-15390	224	20	-	-	ADJ
fbem-15390	224	21	border	border	ADJ
fbem-15390	224	22	transactions	transaction	NOUN
fbem-15390	224	23	.	.	PUNCT
fbem-15390	225	1	the	the	DET
fbem-15390	225	2	fttp	fttp	PROPN
fbem-15390	225	3	(	(	PUNCT
fbem-15390	225	4	financial	financial	ADJ
fbem-15390	225	5	technology	technology	NOUN
fbem-15390	225	6	and	and	CCONJ
fbem-15390	225	7	payment	payment	NOUN
fbem-15390	225	8	)	)	PUNCT
fbem-15390	225	9	system	system	NOUN
fbem-15390	225	10	may	may	AUX
fbem-15390	225	11	encounter	encounter	VERB
fbem-15390	225	12	financial	financial	ADJ
fbem-15390	225	13	risks	risk	NOUN
fbem-15390	225	14	due	due	ADP
fbem-15390	225	15	to	to	ADP
fbem-15390	225	16	information	information	NOUN
fbem-15390	225	17	asymmetry	asymmetry	NOUN
fbem-15390	225	18	and	and	CCONJ
fbem-15390	225	19	country	country	NOUN
fbem-15390	225	20	-	-	PUNCT
fbem-15390	225	21	specific	specific	ADJ
fbem-15390	225	22	hazards	hazard	NOUN
fbem-15390	225	23	in	in	ADP
fbem-15390	225	24	cross	cross	ADJ
fbem-15390	225	25	-	-	ADJ
fbem-15390	225	26	border	border	ADJ
fbem-15390	225	27	transactions	transaction	NOUN
fbem-15390	225	28	.	.	PUNCT
fbem-15390	226	1	these	these	DET
fbem-15390	226	2	risks	risk	NOUN
fbem-15390	226	3	might	might	AUX
fbem-15390	226	4	potentially	potentially	ADV
fbem-15390	226	5	have	have	AUX
fbem-15390	226	6	spillover	spillover	VERB
fbem-15390	226	7	effects	effect	NOUN
fbem-15390	226	8	through	through	ADP
fbem-15390	226	9	the	the	DET
fbem-15390	226	10	cross	cross	ADJ
fbem-15390	226	11	-	-	ADJ
fbem-15390	226	12	border	border	ADJ
fbem-15390	226	13	route	route	NOUN
fbem-15390	226	14	.	.	PUNCT
fbem-15390	227	1	additionally	additionally	ADV
fbem-15390	227	2	,	,	PUNCT
fbem-15390	227	3	offshore	offshore	ADJ
fbem-15390	227	4	risks	risk	NOUN
fbem-15390	227	5	can	can	AUX
fbem-15390	227	6	also	also	ADV
fbem-15390	227	7	impact	impact	VERB
fbem-15390	227	8	the	the	DET
fbem-15390	227	9	safety	safety	NOUN
fbem-15390	227	10	of	of	ADP
fbem-15390	227	11	the	the	DET
fbem-15390	227	12	native	native	ADJ
fbem-15390	227	13	onshore	onshore	ADJ
fbem-15390	227	14	financial	financial	ADJ
fbem-15390	227	15	market	market	NOUN
fbem-15390	227	16	through	through	ADP
fbem-15390	227	17	the	the	DET
fbem-15390	227	18	fttp	fttp	PROPN
fbem-15390	227	19	.	.	PUNCT
fbem-15390	228	1	furthermore	furthermore	ADV
fbem-15390	228	2	,	,	PUNCT
fbem-15390	228	3	the	the	DET
fbem-15390	228	4	extensively	extensively	ADV
fbem-15390	228	5	liberalized	liberalize	VERB
fbem-15390	228	6	financial	financial	ADJ
fbem-15390	228	7	landscape	landscape	NOUN
fbem-15390	228	8	within	within	ADP
fbem-15390	228	9	a	a	DET
fbem-15390	228	10	free	free	ADJ
fbem-15390	228	11	trade	trade	NOUN
fbem-15390	228	12	port	port	NOUN
fbem-15390	228	13	significantly	significantly	ADV
fbem-15390	228	14	expands	expand	VERB
fbem-15390	228	15	the	the	DET
fbem-15390	228	16	scope	scope	NOUN
fbem-15390	228	17	for	for	ADP
fbem-15390	228	18	financial	financial	ADJ
fbem-15390	228	19	innovation	innovation	NOUN
fbem-15390	228	20	.	.	PUNCT
fbem-15390	229	1	the	the	DET
fbem-15390	229	2	port	port	NOUN
fbem-15390	229	3	exhibits	exhibit	VERB
fbem-15390	229	4	substantial	substantial	ADJ
fbem-15390	229	5	potential	potential	NOUN
fbem-15390	229	6	for	for	ADP
fbem-15390	229	7	financial	financial	ADJ
fbem-15390	229	8	innovation	innovation	NOUN
fbem-15390	229	9	,	,	PUNCT
fbem-15390	229	10	which	which	PRON
fbem-15390	229	11	is	be	AUX
fbem-15390	229	12	anticipated	anticipate	VERB
fbem-15390	229	13	to	to	PART
fbem-15390	229	14	lead	lead	VERB
fbem-15390	229	15	to	to	ADP
fbem-15390	229	16	a	a	DET
fbem-15390	229	17	notable	notable	ADJ
fbem-15390	229	18	rise	rise	NOUN
fbem-15390	229	19	in	in	ADP
fbem-15390	229	20	the	the	DET
fbem-15390	229	21	complexity	complexity	NOUN
fbem-15390	229	22	of	of	ADP
fbem-15390	229	23	financial	financial	ADJ
fbem-15390	229	24	services	service	NOUN
fbem-15390	229	25	.	.	PUNCT
fbem-15390	230	1	consequently	consequently	ADV
fbem-15390	230	2	,	,	PUNCT
fbem-15390	230	3	there	there	PRON
fbem-15390	230	4	is	be	VERB
fbem-15390	230	5	a	a	DET
fbem-15390	230	6	likelihood	likelihood	NOUN
fbem-15390	230	7	of	of	ADP
fbem-15390	230	8	heightened	heightened	ADJ
fbem-15390	230	9	diversification	diversification	NOUN
fbem-15390	230	10	risks	risk	NOUN
fbem-15390	230	11	being	be	AUX
fbem-15390	230	12	brought	bring	VERB
fbem-15390	230	13	to	to	ADP
fbem-15390	230	14	the	the	DET
fbem-15390	230	15	forefront	forefront	NOUN
fbem-15390	230	16	.	.	PUNCT
fbem-15390	231	1	hence	hence	ADV
fbem-15390	231	2	,	,	PUNCT
fbem-15390	231	3	it	it	PRON
fbem-15390	231	4	is	be	AUX
fbem-15390	231	5	imperative	imperative	ADJ
fbem-15390	231	6	to	to	PART
fbem-15390	231	7	enhance	enhance	VERB
fbem-15390	231	8	measures	measure	NOUN
fbem-15390	231	9	aimed	aim	VERB
fbem-15390	231	10	at	at	ADP
fbem-15390	231	11	averting	avert	VERB
fbem-15390	231	12	the	the	DET
fbem-15390	231	13	propagation	propagation	NOUN
fbem-15390	231	14	of	of	ADP
fbem-15390	231	15	financial	financial	ADJ
fbem-15390	231	16	risks	risk	NOUN
fbem-15390	231	17	across	across	ADP
fbem-15390	231	18	borders	border	NOUN
fbem-15390	231	19	,	,	PUNCT
fbem-15390	231	20	industries	industry	NOUN
fbem-15390	231	21	,	,	PUNCT
fbem-15390	231	22	and	and	CCONJ
fbem-15390	231	23	markets	market	NOUN
fbem-15390	231	24	.	.	PUNCT
fbem-15390	232	1	moreover	moreover	ADV
fbem-15390	232	2	,	,	PUNCT
fbem-15390	232	3	it	it	PRON
fbem-15390	232	4	is	be	AUX
fbem-15390	232	5	crucial	crucial	ADJ
fbem-15390	232	6	to	to	PART
fbem-15390	232	7	exercise	exercise	VERB
fbem-15390	232	8	stringent	stringent	ADJ
fbem-15390	232	9	control	control	NOUN
fbem-15390	232	10	over	over	ADP
fbem-15390	232	11	the	the	DET
fbem-15390	232	12	extent	extent	NOUN
fbem-15390	232	13	of	of	ADP
fbem-15390	232	14	risk	risk	NOUN
fbem-15390	232	15	transmission	transmission	NOUN
fbem-15390	232	16	,	,	PUNCT
fbem-15390	232	17	with	with	ADP
fbem-15390	232	18	the	the	DET
fbem-15390	232	19	ultimate	ultimate	ADJ
fbem-15390	232	20	goal	goal	NOUN
fbem-15390	232	21	of	of	ADP
fbem-15390	232	22	safeguarding	safeguard	VERB
fbem-15390	232	23	the	the	DET
fbem-15390	232	24	stability	stability	NOUN
fbem-15390	232	25	and	and	CCONJ
fbem-15390	232	26	systematic	systematic	ADJ
fbem-15390	232	27	functioning	functioning	NOUN
fbem-15390	232	28	of	of	ADP
fbem-15390	232	29	diverse	diverse	ADJ
fbem-15390	232	30	businesses	business	NOUN
fbem-15390	232	31	inside	inside	ADV
fbem-15390	232	32	and	and	CCONJ
fbem-15390	232	33	beyond	beyond	ADP
fbem-15390	232	34	the	the	DET
fbem-15390	232	35	jurisdiction	jurisdiction	NOUN
fbem-15390	232	36	of	of	ADP
fbem-15390	232	37	hong	hong	PROPN
fbem-15390	232	38	kong	kong	PROPN
fbem-15390	232	39	.	.	PUNCT
fbem-15390	233	1	3.3.5	3.3.5	X
fbem-15390	233	2	.	.	PUNCT
fbem-15390	234	1	legal	legal	ADJ
fbem-15390	234	2	regulatory	regulatory	ADJ
fbem-15390	234	3	risk	risk	NOUN
fbem-15390	234	4	the	the	DET
fbem-15390	234	5	development	development	NOUN
fbem-15390	234	6	of	of	ADP
fbem-15390	234	7	hainan	hainan	PROPN
fbem-15390	234	8	's	's	PART
fbem-15390	234	9	free	free	PROPN
fbem-15390	234	10	trade	trade	NOUN
fbem-15390	234	11	port	port	NOUN
fbem-15390	234	12	has	have	AUX
fbem-15390	234	13	led	lead	VERB
fbem-15390	234	14	to	to	ADP
fbem-15390	234	15	advancements	advancement	NOUN
fbem-15390	234	16	in	in	ADP
fbem-15390	234	17	its	its	PRON
fbem-15390	234	18	financial	financial	ADJ
fbem-15390	234	19	infrastructure	infrastructure	NOUN
fbem-15390	234	20	,	,	PUNCT
fbem-15390	234	21	resulting	result	VERB
fbem-15390	234	22	in	in	ADP
fbem-15390	234	23	the	the	DET
fbem-15390	234	24	introduction	introduction	NOUN
fbem-15390	234	25	of	of	ADP
fbem-15390	234	26	innovative	innovative	ADJ
fbem-15390	234	27	financial	financial	ADJ
fbem-15390	234	28	practices	practice	NOUN
fbem-15390	234	29	and	and	CCONJ
fbem-15390	234	30	the	the	DET
fbem-15390	234	31	gradual	gradual	ADJ
fbem-15390	234	32	integration	integration	NOUN
fbem-15390	234	33	of	of	ADP
fbem-15390	234	34	mixed	mixed	ADJ
fbem-15390	234	35	business	business	NOUN
fbem-15390	234	36	operations	operation	NOUN
fbem-15390	234	37	.	.	PUNCT
fbem-15390	235	1	consequently	consequently	ADV
fbem-15390	235	2	,	,	PUNCT
fbem-15390	235	3	it	it	PRON
fbem-15390	235	4	is	be	AUX
fbem-15390	235	5	imperative	imperative	ADJ
fbem-15390	235	6	to	to	PART
fbem-15390	235	7	enhance	enhance	VERB
fbem-15390	235	8	supervision	supervision	NOUN
fbem-15390	235	9	during	during	ADP
fbem-15390	235	10	and	and	CCONJ
fbem-15390	235	11	after	after	ADP
fbem-15390	235	12	the	the	DET
fbem-15390	235	13	implementation	implementation	NOUN
fbem-15390	235	14	of	of	ADP
fbem-15390	235	15	these	these	DET
fbem-15390	235	16	initiatives	initiative	NOUN
fbem-15390	235	17	.	.	PUNCT
fbem-15390	236	1	furthermore	furthermore	ADV
fbem-15390	236	2	,	,	PUNCT
fbem-15390	236	3	there	there	PRON
fbem-15390	236	4	is	be	VERB
fbem-15390	236	5	a	a	DET
fbem-15390	236	6	need	need	NOUN
fbem-15390	236	7	to	to	PART
fbem-15390	236	8	bolster	bolster	VERB
fbem-15390	236	9	the	the	DET
fbem-15390	236	10	legal	legal	ADJ
fbem-15390	236	11	and	and	CCONJ
fbem-15390	236	12	regulatory	regulatory	ADJ
fbem-15390	236	13	framework	framework	NOUN
fbem-15390	236	14	to	to	PART
fbem-15390	236	15	align	align	VERB
fbem-15390	236	16	with	with	ADP
fbem-15390	236	17	the	the	DET
fbem-15390	236	18	construction	construction	NOUN
fbem-15390	236	19	of	of	ADP
fbem-15390	236	20	the	the	DET
fbem-15390	236	21	free	free	ADJ
fbem-15390	236	22	trade	trade	NOUN
fbem-15390	236	23	port	port	NOUN
fbem-15390	236	24	,	,	PUNCT
fbem-15390	236	25	thereby	thereby	ADV
fbem-15390	236	26	effectively	effectively	ADV
fbem-15390	236	27	mitigating	mitigate	VERB
fbem-15390	236	28	risks	risk	NOUN
fbem-15390	236	29	associated	associate	VERB
fbem-15390	236	30	with	with	ADP
fbem-15390	236	31	trade	trade	NOUN
fbem-15390	236	32	,	,	PUNCT
fbem-15390	236	33	investment	investment	NOUN
fbem-15390	236	34	,	,	PUNCT
fbem-15390	236	35	finance	finance	NOUN
fbem-15390	236	36	,	,	PUNCT
fbem-15390	236	37	and	and	CCONJ
fbem-15390	236	38	related	related	ADJ
fbem-15390	236	39	domains	domain	NOUN
fbem-15390	236	40	.	.	PUNCT
fbem-15390	237	1	125	125	NUM
fbem-15390	237	2	figure	figure	NOUN
fbem-15390	237	3	3	3	NUM
fbem-15390	237	4	.	.	PUNCT
fbem-15390	237	5	financial	financial	ADJ
fbem-15390	237	6	-	-	PUNCT
fbem-15390	237	7	related	relate	VERB
fbem-15390	237	8	policies	policy	NOUN
fbem-15390	237	9	and	and	CCONJ
fbem-15390	237	10	regulations	regulation	NOUN
fbem-15390	237	11	in	in	ADP
fbem-15390	237	12	china	china	PROPN
fbem-15390	237	13	's	's	PART
fbem-15390	237	14	ftzs	ftz	NOUN
fbem-15390	237	15	time	time	NOUN
fbem-15390	237	16	main	main	ADJ
fbem-15390	237	17	regulatory	regulatory	ADJ
fbem-15390	237	18	documents	document	NOUN
fbem-15390	237	19	2013	2013	NUM
fbem-15390	237	20	administrative	administrative	ADJ
fbem-15390	237	21	measures	measure	NOUN
fbem-15390	237	22	for	for	ADP
fbem-15390	237	23	china	china	PROPN
fbem-15390	237	24	(	(	PUNCT
fbem-15390	237	25	shanghai	shanghai	PROPN
fbem-15390	237	26	)	)	PUNCT
fbem-15390	237	27	pilot	pilot	NOUN
fbem-15390	237	28	free	free	ADJ
fbem-15390	237	29	trade	trade	NOUN
fbem-15390	237	30	zone	zone	NOUN
fbem-15390	237	31	2013	2013	NUM
fbem-15390	237	32	administrative	administrative	ADJ
fbem-15390	237	33	measures	measure	NOUN
fbem-15390	237	34	for	for	ADP
fbem-15390	237	35	the	the	DET
fbem-15390	237	36	filing	filing	NOUN
fbem-15390	237	37	of	of	ADP
fbem-15390	237	38	foreign	foreign	ADJ
fbem-15390	237	39	investment	investment	NOUN
fbem-15390	237	40	projects	project	NOUN
fbem-15390	237	41	in	in	ADP
fbem-15390	237	42	china	china	PROPN
fbem-15390	237	43	(	(	PUNCT
fbem-15390	237	44	shanghai	shanghai	PROPN
fbem-15390	237	45	)	)	PUNCT
fbem-15390	237	46	pilot	pilot	NOUN
fbem-15390	237	47	free	free	ADJ
fbem-15390	237	48	trade	trade	NOUN
fbem-15390	237	49	zone	zone	NOUN
fbem-15390	237	50	administrative	administrative	ADJ
fbem-15390	237	51	measures	measure	NOUN
fbem-15390	237	52	for	for	ADP
fbem-15390	237	53	the	the	DET
fbem-15390	237	54	record	record	NOUN
fbem-15390	237	55	-	-	PUNCT
fbem-15390	237	56	keeping	keeping	NOUN
fbem-15390	237	57	of	of	ADP
fbem-15390	237	58	enterprises	enterprise	NOUN
fbem-15390	237	59	established	establish	VERB
fbem-15390	237	60	by	by	ADP
fbem-15390	237	61	overseas	overseas	ADJ
fbem-15390	237	62	investment	investment	NOUN
fbem-15390	237	63	in	in	ADP
fbem-15390	237	64	china	china	PROPN
fbem-15390	237	65	(	(	PUNCT
fbem-15390	237	66	shanghai	shanghai	PROPN
fbem-15390	237	67	)	)	PUNCT
fbem-15390	237	68	pilot	pilot	NOUN
fbem-15390	237	69	free	free	ADJ
fbem-15390	237	70	trade	trade	NOUN
fbem-15390	237	71	zone	zone	NOUN
fbem-15390	237	72	special	special	ADJ
fbem-15390	237	73	administrative	administrative	ADJ
fbem-15390	237	74	measures	measure	NOUN
fbem-15390	237	75	for	for	ADP
fbem-15390	237	76	foreign	foreign	ADJ
fbem-15390	237	77	investment	investment	NOUN
fbem-15390	237	78	in	in	ADP
fbem-15390	237	79	china	china	PROPN
fbem-15390	237	80	(	(	PUNCT
fbem-15390	237	81	shanghai	shanghai	PROPN
fbem-15390	237	82	)	)	PUNCT
fbem-15390	237	83	pilot	pilot	NOUN
fbem-15390	237	84	free	free	ADJ
fbem-15390	237	85	trade	trade	NOUN
fbem-15390	237	86	zone	zone	NOUN
fbem-15390	237	87	(	(	PUNCT
fbem-15390	237	88	negative	negative	ADJ
fbem-15390	237	89	list	list	NOUN
fbem-15390	237	90	)	)	PUNCT
fbem-15390	237	91	(	(	PUNCT
fbem-15390	237	92	2013	2013	NUM
fbem-15390	237	93	)	)	PUNCT
fbem-15390	237	94	2013	2013	NUM
fbem-15390	237	95	opinions	opinion	NOUN
fbem-15390	237	96	on	on	ADP
fbem-15390	237	97	financial	financial	ADJ
fbem-15390	237	98	support	support	NOUN
fbem-15390	237	99	for	for	ADP
fbem-15390	237	100	the	the	DET
fbem-15390	237	101	construction	construction	NOUN
fbem-15390	237	102	of	of	ADP
fbem-15390	237	103	china	china	PROPN
fbem-15390	237	104	(	(	PUNCT
fbem-15390	237	105	shanghai	shanghai	PROPN
fbem-15390	237	106	)	)	PUNCT
fbem-15390	237	107	pilot	pilot	NOUN
fbem-15390	237	108	free	free	ADJ
fbem-15390	237	109	trade	trade	NOUN
fbem-15390	237	110	zone	zone	NOUN
fbem-15390	237	111	2015	2015	NUM
fbem-15390	237	112	pilot	pilot	NOUN
fbem-15390	237	113	measures	measure	NOUN
fbem-15390	237	114	for	for	ADP
fbem-15390	237	115	the	the	DET
fbem-15390	237	116	administration	administration	NOUN
fbem-15390	237	117	of	of	ADP
fbem-15390	237	118	china	china	PROPN
fbem-15390	237	119	(	(	PUNCT
fbem-15390	237	120	guangdong	guangdong	PROPN
fbem-15390	237	121	)	)	PUNCT
fbem-15390	237	122	pilot	pilot	NOUN
fbem-15390	237	123	free	free	ADJ
fbem-15390	237	124	trade	trade	NOUN
fbem-15390	237	125	zone	zone	NOUN
fbem-15390	237	126	2015	2015	NUM
fbem-15390	237	127	regulations	regulation	NOUN
fbem-15390	237	128	of	of	ADP
fbem-15390	237	129	china	china	PROPN
fbem-15390	237	130	(	(	PUNCT
fbem-15390	237	131	tianjin	tianjin	PROPN
fbem-15390	237	132	)	)	PUNCT
fbem-15390	237	133	pilot	pilot	NOUN
fbem-15390	237	134	free	free	ADJ
fbem-15390	237	135	trade	trade	NOUN
fbem-15390	237	136	zone	zone	NOUN
fbem-15390	237	137	opinions	opinion	NOUN
fbem-15390	237	138	of	of	ADP
fbem-15390	237	139	the	the	DET
fbem-15390	237	140	state	state	NOUN
fbem-15390	237	141	council	council	NOUN
fbem-15390	237	142	on	on	ADP
fbem-15390	237	143	the	the	DET
fbem-15390	237	144	implementation	implementation	NOUN
fbem-15390	237	145	of	of	ADP
fbem-15390	237	146	the	the	DET
fbem-15390	237	147	negative	negative	ADJ
fbem-15390	237	148	list	list	NOUN
fbem-15390	237	149	system	system	NOUN
fbem-15390	237	150	for	for	ADP
fbem-15390	237	151	market	market	NOUN
fbem-15390	237	152	access	access	NOUN
fbem-15390	237	153	program	program	NOUN
fbem-15390	237	154	on	on	ADP
fbem-15390	237	155	further	far	ADV
fbem-15390	237	156	promoting	promote	VERB
fbem-15390	237	157	the	the	DET
fbem-15390	237	158	pilot	pilot	NOUN
fbem-15390	237	159	program	program	NOUN
fbem-15390	237	160	of	of	ADP
fbem-15390	237	161	financial	financial	ADJ
fbem-15390	237	162	openness	openness	NOUN
fbem-15390	237	163	and	and	CCONJ
fbem-15390	237	164	innovation	innovation	NOUN
fbem-15390	237	165	in	in	ADP
fbem-15390	237	166	china	china	PROPN
fbem-15390	237	167	(	(	PUNCT
fbem-15390	237	168	shanghai	shanghai	PROPN
fbem-15390	237	169	)	)	PUNCT
fbem-15390	237	170	pilot	pilot	NOUN
fbem-15390	237	171	free	free	ADJ
fbem-15390	237	172	trade	trade	NOUN
fbem-15390	237	173	zone	zone	NOUN
fbem-15390	237	174	and	and	CCONJ
fbem-15390	237	175	accelerating	accelerate	VERB
fbem-15390	237	176	the	the	DET
fbem-15390	237	177	construction	construction	NOUN
fbem-15390	237	178	of	of	ADP
fbem-15390	237	179	shanghai	shanghai	PROPN
fbem-15390	237	180	international	international	PROPN
fbem-15390	237	181	financial	financial	ADJ
fbem-15390	237	182	center	center	NOUN
fbem-15390	237	183	2015	2015	NUM
fbem-15390	237	184	guiding	guide	VERB
fbem-15390	237	185	opinions	opinion	NOUN
fbem-15390	237	186	of	of	ADP
fbem-15390	237	187	the	the	DET
fbem-15390	237	188	people	people	NOUN
fbem-15390	237	189	's	's	PART
fbem-15390	237	190	bank	bank	PROPN
fbem-15390	237	191	of	of	ADP
fbem-15390	237	192	china	china	PROPN
fbem-15390	237	193	on	on	ADP
fbem-15390	237	194	financial	financial	ADJ
fbem-15390	237	195	support	support	NOUN
fbem-15390	237	196	for	for	ADP
fbem-15390	237	197	the	the	DET
fbem-15390	237	198	construction	construction	NOUN
fbem-15390	237	199	of	of	ADP
fbem-15390	237	200	the	the	DET
fbem-15390	237	201	china	china	PROPN
fbem-15390	237	202	(	(	PUNCT
fbem-15390	237	203	guangdong	guangdong	PROPN
fbem-15390	237	204	)	)	PUNCT
fbem-15390	237	205	pilot	pilot	NOUN
fbem-15390	237	206	free	free	ADJ
fbem-15390	237	207	trade	trade	NOUN
fbem-15390	237	208	zone	zone	NOUN
fbem-15390	237	209	2016	2016	NUM
fbem-15390	237	210	circular	circular	NOUN
fbem-15390	237	211	of	of	ADP
fbem-15390	237	212	the	the	DET
fbem-15390	237	213	people	people	NOUN
fbem-15390	237	214	's	's	PART
fbem-15390	237	215	bank	bank	PROPN
fbem-15390	237	216	of	of	ADP
fbem-15390	237	217	china	china	PROPN
fbem-15390	237	218	on	on	ADP
fbem-15390	237	219	the	the	DET
fbem-15390	237	220	expansion	expansion	NOUN
fbem-15390	237	221	of	of	ADP
fbem-15390	237	222	pilot	pilot	NOUN
fbem-15390	237	223	macroprudential	macroprudential	ADJ
fbem-15390	237	224	management	management	NOUN
fbem-15390	237	225	of	of	ADP
fbem-15390	237	226	full	full	ADJ
fbem-15390	237	227	-	-	PUNCT
fbem-15390	237	228	caliber	caliber	NOUN
fbem-15390	237	229	cross	cross	ADJ
fbem-15390	237	230	-	-	ADJ
fbem-15390	237	231	border	border	ADJ
fbem-15390	237	232	financing	financing	NOUN
fbem-15390	237	233	2018	2018	NUM
fbem-15390	237	234	circular	circular	NOUN
fbem-15390	237	235	of	of	ADP
fbem-15390	237	236	the	the	DET
fbem-15390	237	237	state	state	NOUN
fbem-15390	237	238	council	council	NOUN
fbem-15390	237	239	on	on	ADP
fbem-15390	237	240	several	several	ADJ
fbem-15390	237	241	measures	measure	NOUN
fbem-15390	237	242	to	to	PART
fbem-15390	237	243	support	support	VERB
fbem-15390	237	244	the	the	DET
fbem-15390	237	245	deepening	deepening	NOUN
fbem-15390	237	246	of	of	ADP
fbem-15390	237	247	reform	reform	NOUN
fbem-15390	237	248	and	and	CCONJ
fbem-15390	237	249	innovation	innovation	NOUN
fbem-15390	237	250	in	in	ADP
fbem-15390	237	251	pilot	pilot	NOUN
fbem-15390	237	252	free	free	ADJ
fbem-15390	237	253	trade	trade	NOUN
fbem-15390	237	254	zones	zone	NOUN
fbem-15390	237	255	(	(	PUNCT
fbem-15390	237	256	guo	guo	PROPN
fbem-15390	237	257	fa	fa	X
fbem-15390	238	1	[	[	X
fbem-15390	238	2	2018	2018	NUM
fbem-15390	238	3	]	]	PUNCT
fbem-15390	239	1	no	no	INTJ
fbem-15390	239	2	.	.	NOUN
fbem-15390	239	3	38	38	NUM
fbem-15390	239	4	)	)	PUNCT
fbem-15390	239	5	2019	2019	NUM
fbem-15390	239	6	circular	circular	NOUN
fbem-15390	239	7	of	of	ADP
fbem-15390	239	8	the	the	DET
fbem-15390	239	9	sichuan	sichuan	PROPN
fbem-15390	239	10	branch	branch	NOUN
fbem-15390	239	11	of	of	ADP
fbem-15390	239	12	the	the	DET
fbem-15390	239	13	state	state	NOUN
fbem-15390	239	14	administration	administration	NOUN
fbem-15390	239	15	of	of	ADP
fbem-15390	239	16	foreign	foreign	ADJ
fbem-15390	239	17	exchange	exchange	NOUN
fbem-15390	239	18	on	on	ADP
fbem-15390	239	19	the	the	DET
fbem-15390	239	20	development	development	NOUN
fbem-15390	239	21	of	of	ADP
fbem-15390	239	22	foreign	foreign	ADJ
fbem-15390	239	23	exchange	exchange	NOUN
fbem-15390	239	24	innovation	innovation	NOUN
fbem-15390	239	25	business	business	NOUN
fbem-15390	239	26	in	in	ADP
fbem-15390	239	27	the	the	DET
fbem-15390	239	28	china	china	PROPN
fbem-15390	239	29	(	(	PUNCT
fbem-15390	239	30	sichuan	sichuan	PROPN
fbem-15390	239	31	)	)	PUNCT
fbem-15390	239	32	pilot	pilot	NOUN
fbem-15390	239	33	free	free	ADJ
fbem-15390	239	34	trade	trade	NOUN
fbem-15390	239	35	zone	zone	NOUN
fbem-15390	239	36	2019	2019	NUM
fbem-15390	239	37	implementing	implement	VERB
fbem-15390	239	38	rules	rule	NOUN
fbem-15390	239	39	for	for	ADP
fbem-15390	239	40	further	far	ADV
fbem-15390	239	41	promoting	promote	VERB
fbem-15390	239	42	the	the	DET
fbem-15390	239	43	pilot	pilot	NOUN
fbem-15390	239	44	reform	reform	NOUN
fbem-15390	239	45	of	of	ADP
fbem-15390	239	46	foreign	foreign	ADJ
fbem-15390	239	47	exchange	exchange	NOUN
fbem-15390	239	48	management	management	NOUN
fbem-15390	239	49	in	in	ADP
fbem-15390	239	50	china	china	PROPN
fbem-15390	239	51	(	(	PUNCT
fbem-15390	239	52	shanghai	shanghai	PROPN
fbem-15390	239	53	)	)	PUNCT
fbem-15390	239	54	pilot	pilot	NOUN
fbem-15390	239	55	free	free	ADJ
fbem-15390	239	56	trade	trade	NOUN
fbem-15390	239	57	zone	zone	NOUN
fbem-15390	239	58	(	(	PUNCT
fbem-15390	239	59	version	version	NOUN
fbem-15390	239	60	4.0	4.0	NUM
fbem-15390	239	61	)	)	PUNCT
fbem-15390	239	62	3.4	3.4	NUM
fbem-15390	239	63	.	.	PUNCT
fbem-15390	240	1	suggestions	suggestion	NOUN
fbem-15390	240	2	for	for	ADP
fbem-15390	240	3	preventing	prevent	VERB
fbem-15390	240	4	potential	potential	ADJ
fbem-15390	240	5	financial	financial	ADJ
fbem-15390	240	6	risks	risk	NOUN
fbem-15390	240	7	in	in	ADP
fbem-15390	240	8	hainan	hainan	PROPN
fbem-15390	240	9	free	free	PROPN
fbem-15390	240	10	trade	trade	PROPN
fbem-15390	240	11	port	port	NOUN
fbem-15390	240	12	3.4.1	3.4.1	NUM
fbem-15390	240	13	.	.	PUNCT
fbem-15390	241	1	formulate	formulate	VERB
fbem-15390	241	2	scientific	scientific	ADJ
fbem-15390	241	3	and	and	CCONJ
fbem-15390	241	4	flexible	flexible	ADJ
fbem-15390	241	5	financial	financial	ADJ
fbem-15390	241	6	policies	policy	NOUN
fbem-15390	241	7	for	for	ADP
fbem-15390	241	8	hainan	hainan	PROPN
fbem-15390	241	9	free	free	PROPN
fbem-15390	241	10	trade	trade	PROPN
fbem-15390	241	11	harbour	harbour	VERB
fbem-15390	241	12	the	the	DET
fbem-15390	241	13	scientific	scientific	ADJ
fbem-15390	241	14	character	character	NOUN
fbem-15390	241	15	of	of	ADP
fbem-15390	241	16	hainan	hainan	PROPN
fbem-15390	241	17	's	's	PART
fbem-15390	241	18	financial	financial	ADJ
fbem-15390	241	19	policy	policy	NOUN
fbem-15390	241	20	for	for	ADP
fbem-15390	241	21	the	the	DET
fbem-15390	241	22	free	free	ADJ
fbem-15390	241	23	-	-	PUNCT
fbem-15390	241	24	trade	trade	NOUN
fbem-15390	241	25	port	port	NOUN
fbem-15390	241	26	serves	serve	VERB
fbem-15390	241	27	as	as	ADP
fbem-15390	241	28	a	a	DET
fbem-15390	241	29	guiding	guide	VERB
fbem-15390	241	30	principle	principle	NOUN
fbem-15390	241	31	and	and	CCONJ
fbem-15390	241	32	essential	essential	ADJ
fbem-15390	241	33	assurance	assurance	NOUN
fbem-15390	241	34	for	for	ADP
fbem-15390	241	35	future	future	ADJ
fbem-15390	241	36	development	development	NOUN
fbem-15390	241	37	.	.	PUNCT
fbem-15390	242	1	this	this	PRON
fbem-15390	242	2	ensures	ensure	VERB
fbem-15390	242	3	that	that	SCONJ
fbem-15390	242	4	the	the	DET
fbem-15390	242	5	policy	policy	NOUN
fbem-15390	242	6	can	can	AUX
fbem-15390	242	7	effectively	effectively	ADV
fbem-15390	242	8	regulate	regulate	VERB
fbem-15390	242	9	and	and	CCONJ
fbem-15390	242	10	direct	direct	VERB
fbem-15390	242	11	the	the	DET
fbem-15390	242	12	financial	financial	ADJ
fbem-15390	242	13	development	development	NOUN
fbem-15390	242	14	of	of	ADP
fbem-15390	242	15	the	the	DET
fbem-15390	242	16	free	free	ADJ
fbem-15390	242	17	-	-	PUNCT
fbem-15390	242	18	trade	trade	NOUN
fbem-15390	242	19	port	port	NOUN
fbem-15390	242	20	,	,	PUNCT
fbem-15390	242	21	thereby	thereby	ADV
fbem-15390	242	22	yielding	yield	VERB
fbem-15390	242	23	favorable	favorable	ADJ
fbem-15390	242	24	outcomes	outcome	NOUN
fbem-15390	242	25	.	.	PUNCT
fbem-15390	243	1	the	the	DET
fbem-15390	243	2	implementation	implementation	NOUN
fbem-15390	243	3	of	of	ADP
fbem-15390	243	4	well	well	ADV
fbem-15390	243	5	-	-	PUNCT
fbem-15390	243	6	designed	design	VERB
fbem-15390	243	7	and	and	CCONJ
fbem-15390	243	8	adaptable	adaptable	ADJ
fbem-15390	243	9	financial	financial	ADJ
fbem-15390	243	10	policies	policy	NOUN
fbem-15390	243	11	can	can	AUX
fbem-15390	243	12	contribute	contribute	VERB
fbem-15390	243	13	to	to	ADP
fbem-15390	243	14	the	the	DET
fbem-15390	243	15	preservation	preservation	NOUN
fbem-15390	243	16	of	of	ADP
fbem-15390	243	17	financial	financial	ADJ
fbem-15390	243	18	stability	stability	NOUN
fbem-15390	243	19	,	,	PUNCT
fbem-15390	243	20	thereby	thereby	ADV
fbem-15390	243	21	alleviating	alleviate	VERB
fbem-15390	243	22	the	the	DET
fbem-15390	243	23	burden	burden	NOUN
fbem-15390	243	24	on	on	ADP
fbem-15390	243	25	financial	financial	ADJ
fbem-15390	243	26	institutions	institution	NOUN
fbem-15390	243	27	and	and	CCONJ
fbem-15390	243	28	facilitating	facilitate	VERB
fbem-15390	243	29	their	their	PRON
fbem-15390	243	30	ability	ability	NOUN
fbem-15390	243	31	to	to	PART
fbem-15390	243	32	adapt	adapt	VERB
fbem-15390	243	33	.	.	PUNCT
fbem-15390	244	1	additionally	additionally	ADV
fbem-15390	244	2	,	,	PUNCT
fbem-15390	244	3	such	such	ADJ
fbem-15390	244	4	policies	policy	NOUN
fbem-15390	244	5	can	can	AUX
fbem-15390	244	6	foster	foster	VERB
fbem-15390	244	7	positive	positive	ADJ
fbem-15390	244	8	investor	investor	NOUN
fbem-15390	244	9	sentiment	sentiment	NOUN
fbem-15390	244	10	among	among	ADP
fbem-15390	244	11	both	both	CCONJ
fbem-15390	244	12	local	local	ADJ
fbem-15390	244	13	and	and	CCONJ
fbem-15390	244	14	international	international	ADJ
fbem-15390	244	15	stakeholders	stakeholder	NOUN
fbem-15390	244	16	.	.	PUNCT
fbem-15390	245	1	the	the	DET
fbem-15390	245	2	hainan	hainan	PROPN
fbem-15390	245	3	free	free	PROPN
fbem-15390	245	4	trade	trade	PROPN
fbem-15390	245	5	port	port	NOUN
fbem-15390	245	6	is	be	AUX
fbem-15390	245	7	currently	currently	ADV
fbem-15390	245	8	exposed	expose	VERB
fbem-15390	245	9	to	to	ADP
fbem-15390	245	10	the	the	DET
fbem-15390	245	11	global	global	ADJ
fbem-15390	245	12	market	market	NOUN
fbem-15390	245	13	,	,	PUNCT
fbem-15390	245	14	which	which	PRON
fbem-15390	245	15	is	be	AUX
fbem-15390	245	16	characterized	characterize	VERB
fbem-15390	245	17	by	by	ADP
fbem-15390	245	18	numerous	numerous	ADJ
fbem-15390	245	19	influential	influential	ADJ
fbem-15390	245	20	factors	factor	NOUN
fbem-15390	245	21	and	and	CCONJ
fbem-15390	245	22	significant	significant	ADJ
fbem-15390	245	23	volatility	volatility	NOUN
fbem-15390	245	24	.	.	PUNCT
fbem-15390	246	1	in	in	ADP
fbem-15390	246	2	light	light	NOUN
fbem-15390	246	3	of	of	ADP
fbem-15390	246	4	this	this	PRON
fbem-15390	246	5	,	,	PUNCT
fbem-15390	246	6	china	china	PROPN
fbem-15390	246	7	must	must	AUX
fbem-15390	246	8	prioritize	prioritize	VERB
fbem-15390	246	9	the	the	DET
fbem-15390	246	10	implementation	implementation	NOUN
fbem-15390	246	11	of	of	ADP
fbem-15390	246	12	a	a	DET
fbem-15390	246	13	financially	financially	ADV
fbem-15390	246	14	sound	sound	ADJ
fbem-15390	246	15	policy	policy	NOUN
fbem-15390	246	16	for	for	ADP
fbem-15390	246	17	the	the	DET
fbem-15390	246	18	hainan	hainan	PROPN
fbem-15390	246	19	free	free	PROPN
fbem-15390	246	20	trade	trade	PROPN
fbem-15390	246	21	port	port	NOUN
fbem-15390	246	22	,	,	PUNCT
fbem-15390	246	23	while	while	SCONJ
fbem-15390	246	24	also	also	ADV
fbem-15390	246	25	emphasizing	emphasize	VERB
fbem-15390	246	26	the	the	DET
fbem-15390	246	27	need	need	NOUN
fbem-15390	246	28	for	for	ADP
fbem-15390	246	29	adaptability	adaptability	NOUN
fbem-15390	246	30	.	.	PUNCT
fbem-15390	247	1	this	this	DET
fbem-15390	247	2	approach	approach	NOUN
fbem-15390	247	3	will	will	AUX
fbem-15390	247	4	enable	enable	VERB
fbem-15390	247	5	the	the	DET
fbem-15390	247	6	financial	financial	ADJ
fbem-15390	247	7	market	market	NOUN
fbem-15390	247	8	of	of	ADP
fbem-15390	247	9	the	the	DET
fbem-15390	247	10	free	free	ADJ
fbem-15390	247	11	trade	trade	NOUN
fbem-15390	247	12	port	port	NOUN
fbem-15390	247	13	to	to	PART
fbem-15390	247	14	effectively	effectively	ADV
fbem-15390	247	15	respond	respond	VERB
fbem-15390	247	16	to	to	ADP
fbem-15390	247	17	prevailing	prevail	VERB
fbem-15390	247	18	circumstances	circumstance	NOUN
fbem-15390	247	19	and	and	CCONJ
fbem-15390	247	20	facilitate	facilitate	VERB
fbem-15390	247	21	its	its	PRON
fbem-15390	247	22	development	development	NOUN
fbem-15390	247	23	.	.	PUNCT
fbem-15390	248	1	3.4.2	3.4.2	X
fbem-15390	248	2	.	.	PUNCT
fbem-15390	249	1	promote	promote	VERB
fbem-15390	249	2	the	the	DET
fbem-15390	249	3	opening	opening	NOUN
fbem-15390	249	4	up	up	ADP
fbem-15390	249	5	of	of	ADP
fbem-15390	249	6	the	the	DET
fbem-15390	249	7	financial	financial	ADJ
fbem-15390	249	8	market	market	NOUN
fbem-15390	249	9	of	of	ADP
fbem-15390	249	10	the	the	DET
fbem-15390	249	11	free	free	ADJ
fbem-15390	249	12	trade	trade	NOUN
fbem-15390	249	13	harbour	harbour	NOUN
fbem-15390	249	14	in	in	ADP
fbem-15390	249	15	an	an	DET
fbem-15390	249	16	orderly	orderly	ADJ
fbem-15390	249	17	manner	manner	NOUN
fbem-15390	249	18	currently	currently	ADV
fbem-15390	249	19	,	,	PUNCT
fbem-15390	249	20	china	china	PROPN
fbem-15390	249	21	has	have	AUX
fbem-15390	249	22	achieved	achieve	VERB
fbem-15390	249	23	significant	significant	ADJ
fbem-15390	249	24	advancements	advancement	NOUN
fbem-15390	249	25	in	in	ADP
fbem-15390	249	26	the	the	DET
fbem-15390	249	27	unrestricted	unrestricted	ADJ
fbem-15390	249	28	exchange	exchange	NOUN
fbem-15390	249	29	of	of	ADP
fbem-15390	249	30	renminbi	renminbi	NOUN
fbem-15390	249	31	(	(	PUNCT
fbem-15390	249	32	rmb	rmb	PROPN
fbem-15390	249	33	)	)	PUNCT
fbem-15390	249	34	,	,	PUNCT
fbem-15390	249	35	the	the	DET
fbem-15390	249	36	liberalization	liberalization	NOUN
fbem-15390	249	37	of	of	ADP
fbem-15390	249	38	capital	capital	NOUN
fbem-15390	249	39	transactions	transaction	NOUN
fbem-15390	249	40	,	,	PUNCT
fbem-15390	249	41	and	and	CCONJ
fbem-15390	249	42	the	the	DET
fbem-15390	249	43	market	market	NOUN
fbem-15390	249	44	-	-	PUNCT
fbem-15390	249	45	oriented	orient	VERB
fbem-15390	249	46	determination	determination	NOUN
fbem-15390	249	47	of	of	ADP
fbem-15390	249	48	interest	interest	NOUN
fbem-15390	249	49	rates	rate	NOUN
fbem-15390	249	50	.	.	PUNCT
fbem-15390	250	1	these	these	DET
fbem-15390	250	2	developments	development	NOUN
fbem-15390	250	3	have	have	AUX
fbem-15390	250	4	established	establish	VERB
fbem-15390	250	5	a	a	DET
fbem-15390	250	6	strong	strong	ADJ
fbem-15390	250	7	groundwork	groundwork	NOUN
fbem-15390	250	8	for	for	ADP
fbem-15390	250	9	the	the	DET
fbem-15390	250	10	financial	financial	ADJ
fbem-15390	250	11	liberalization	liberalization	NOUN
fbem-15390	250	12	of	of	ADP
fbem-15390	250	13	the	the	DET
fbem-15390	250	14	free	free	ADJ
fbem-15390	250	15	trade	trade	NOUN
fbem-15390	250	16	zone	zone	NOUN
fbem-15390	250	17	(	(	PUNCT
fbem-15390	250	18	ftz	ftz	PROPN
fbem-15390	250	19	)	)	PUNCT
fbem-15390	250	20	.	.	PUNCT
fbem-15390	251	1	moving	move	VERB
fbem-15390	251	2	forward	forward	ADV
fbem-15390	251	3	,	,	PUNCT
fbem-15390	251	4	it	it	PRON
fbem-15390	251	5	is	be	AUX
fbem-15390	251	6	imperative	imperative	ADJ
fbem-15390	251	7	to	to	PART
fbem-15390	251	8	deepen	deepen	VERB
fbem-15390	251	9	the	the	DET
fbem-15390	251	10	financial	financial	ADJ
fbem-15390	251	11	liberalization	liberalization	NOUN
fbem-15390	251	12	of	of	ADP
fbem-15390	251	13	the	the	DET
fbem-15390	251	14	ftz	ftz	NOUN
fbem-15390	251	15	by	by	ADP
fbem-15390	251	16	building	build	VERB
fbem-15390	251	17	upon	upon	SCONJ
fbem-15390	251	18	these	these	DET
fbem-15390	251	19	achievements	achievement	NOUN
fbem-15390	251	20	.	.	PUNCT
fbem-15390	252	1	the	the	DET
fbem-15390	252	2	systematic	systematic	ADJ
fbem-15390	252	3	progression	progression	NOUN
fbem-15390	252	4	of	of	ADP
fbem-15390	252	5	financial	financial	ADJ
fbem-15390	252	6	liberalization	liberalization	NOUN
fbem-15390	252	7	in	in	ADP
fbem-15390	252	8	hainan	hainan	PROPN
fbem-15390	252	9	's	's	PART
fbem-15390	252	10	free	free	ADJ
fbem-15390	252	11	trade	trade	NOUN
fbem-15390	252	12	zone	zone	NOUN
fbem-15390	252	13	encompasses	encompass	VERB
fbem-15390	252	14	various	various	ADJ
fbem-15390	252	15	key	key	ADJ
fbem-15390	252	16	aspects	aspect	NOUN
fbem-15390	252	17	,	,	PUNCT
fbem-15390	252	18	including	include	VERB
fbem-15390	252	19	the	the	DET
fbem-15390	252	20	international	international	ADJ
fbem-15390	252	21	settlement	settlement	NOUN
fbem-15390	252	22	of	of	ADP
fbem-15390	252	23	the	the	DET
fbem-15390	252	24	renminbi	renminbi	NOUN
fbem-15390	252	25	(	(	PUNCT
fbem-15390	252	26	rmb	rmb	PROPN
fbem-15390	252	27	)	)	PUNCT
fbem-15390	252	28	,	,	PUNCT
fbem-15390	252	29	the	the	DET
fbem-15390	252	30	marketization	marketization	NOUN
fbem-15390	252	31	of	of	ADP
fbem-15390	252	32	interest	interest	NOUN
fbem-15390	252	33	rates	rate	NOUN
fbem-15390	252	34	,	,	PUNCT
fbem-15390	252	35	and	and	CCONJ
fbem-15390	252	36	the	the	DET
fbem-15390	252	37	marketization	marketization	NOUN
fbem-15390	252	38	of	of	ADP
fbem-15390	252	39	exchange	exchange	NOUN
fbem-15390	252	40	rates	rate	NOUN
fbem-15390	252	41	.	.	PUNCT
fbem-15390	253	1	additionally	additionally	ADV
fbem-15390	253	2	,	,	PUNCT
fbem-15390	253	3	it	it	PRON
fbem-15390	253	4	involves	involve	VERB
fbem-15390	253	5	the	the	DET
fbem-15390	253	6	meticulous	meticulous	ADJ
fbem-15390	253	7	organization	organization	NOUN
fbem-15390	253	8	of	of	ADP
fbem-15390	253	9	specific	specific	ADJ
fbem-15390	253	10	implementation	implementation	NOUN
fbem-15390	253	11	details	detail	NOUN
fbem-15390	253	12	within	within	ADP
fbem-15390	253	13	the	the	DET
fbem-15390	253	14	financial	financial	ADJ
fbem-15390	253	15	system	system	NOUN
fbem-15390	253	16	.	.	PUNCT
fbem-15390	254	1	while	while	SCONJ
fbem-15390	254	2	promoting	promote	VERB
fbem-15390	254	3	innovation	innovation	NOUN
fbem-15390	254	4	and	and	CCONJ
fbem-15390	254	5	facilitating	facilitate	VERB
fbem-15390	254	6	economic	economic	ADJ
fbem-15390	254	7	liberalization	liberalization	NOUN
fbem-15390	254	8	,	,	PUNCT
fbem-15390	254	9	it	it	PRON
fbem-15390	254	10	is	be	AUX
fbem-15390	254	11	crucial	crucial	ADJ
fbem-15390	254	12	to	to	PART
fbem-15390	254	13	use	use	VERB
fbem-15390	254	14	caution	caution	NOUN
fbem-15390	254	15	and	and	CCONJ
fbem-15390	254	16	prudence	prudence	NOUN
fbem-15390	254	17	in	in	ADP
fbem-15390	254	18	order	order	NOUN
fbem-15390	254	19	to	to	PART
fbem-15390	254	20	mitigate	mitigate	VERB
fbem-15390	254	21	potential	potential	ADJ
fbem-15390	254	22	financial	financial	ADJ
fbem-15390	254	23	risks	risk	NOUN
fbem-15390	254	24	associated	associate	VERB
fbem-15390	254	25	with	with	ADP
fbem-15390	254	26	the	the	DET
fbem-15390	254	27	broadening	broaden	VERB
fbem-15390	254	28	scope	scope	NOUN
fbem-15390	254	29	and	and	CCONJ
fbem-15390	254	30	rapid	rapid	ADJ
fbem-15390	254	31	pace	pace	NOUN
fbem-15390	254	32	of	of	ADP
fbem-15390	254	33	liberalization	liberalization	NOUN
fbem-15390	254	34	.	.	PUNCT
fbem-15390	255	1	in	in	ADP
fbem-15390	255	2	order	order	NOUN
fbem-15390	255	3	to	to	PART
fbem-15390	255	4	safeguard	safeguard	VERB
fbem-15390	255	5	the	the	DET
fbem-15390	255	6	stability	stability	NOUN
fbem-15390	255	7	and	and	CCONJ
fbem-15390	255	8	security	security	NOUN
fbem-15390	255	9	of	of	ADP
fbem-15390	255	10	the	the	DET
fbem-15390	255	11	domestic	domestic	ADJ
fbem-15390	255	12	financial	financial	ADJ
fbem-15390	255	13	market	market	NOUN
fbem-15390	255	14	,	,	PUNCT
fbem-15390	255	15	it	it	PRON
fbem-15390	255	16	is	be	AUX
fbem-15390	255	17	imperative	imperative	ADJ
fbem-15390	255	18	to	to	PART
fbem-15390	255	19	adopt	adopt	VERB
fbem-15390	255	20	a	a	DET
fbem-15390	255	21	progressive	progressive	ADJ
fbem-15390	255	22	and	and	CCONJ
fbem-15390	255	23	orderly	orderly	ADJ
fbem-15390	255	24	approach	approach	NOUN
fbem-15390	255	25	to	to	ADP
fbem-15390	255	26	opening	open	VERB
fbem-15390	255	27	up	up	ADP
fbem-15390	255	28	the	the	DET
fbem-15390	255	29	financial	financial	ADJ
fbem-15390	255	30	sector	sector	NOUN
fbem-15390	255	31	of	of	ADP
fbem-15390	255	32	hainan	hainan	PROPN
fbem-15390	255	33	free	free	PROPN
fbem-15390	255	34	trade	trade	NOUN
fbem-15390	255	35	port	port	NOUN
fbem-15390	255	36	.	.	PUNCT
fbem-15390	256	1	this	this	DET
fbem-15390	256	2	approach	approach	NOUN
fbem-15390	256	3	will	will	AUX
fbem-15390	256	4	effectively	effectively	ADV
fbem-15390	256	5	mitigate	mitigate	VERB
fbem-15390	256	6	potential	potential	ADJ
fbem-15390	256	7	financial	financial	ADJ
fbem-15390	256	8	risks	risk	NOUN
fbem-15390	256	9	.	.	PUNCT
fbem-15390	257	1	3.4.3	3.4.3	X
fbem-15390	257	2	.	.	PUNCT
fbem-15390	257	3	establish	establish	VERB
fbem-15390	257	4	and	and	CCONJ
fbem-15390	257	5	improve	improve	VERB
fbem-15390	257	6	the	the	DET
fbem-15390	257	7	financial	financial	ADJ
fbem-15390	257	8	-	-	PUNCT
fbem-15390	257	9	related	relate	VERB
fbem-15390	257	10	legal	legal	ADJ
fbem-15390	257	11	system	system	NOUN
fbem-15390	257	12	of	of	ADP
fbem-15390	257	13	hainan	hainan	PROPN
fbem-15390	257	14	free	free	PROPN
fbem-15390	257	15	trade	trade	PROPN
fbem-15390	257	16	harbour	harbour	NOUN
fbem-15390	257	17	in	in	ADP
fbem-15390	257	18	order	order	NOUN
fbem-15390	257	19	to	to	PART
fbem-15390	257	20	facilitate	facilitate	VERB
fbem-15390	257	21	the	the	DET
fbem-15390	257	22	economic	economic	ADJ
fbem-15390	257	23	advancement	advancement	NOUN
fbem-15390	257	24	of	of	ADP
fbem-15390	257	25	free	free	ADJ
fbem-15390	257	26	trade	trade	NOUN
fbem-15390	257	27	ports	port	NOUN
fbem-15390	257	28	,	,	PUNCT
fbem-15390	257	29	it	it	PRON
fbem-15390	257	30	is	be	AUX
fbem-15390	257	31	imperative	imperative	ADJ
fbem-15390	257	32	to	to	PART
fbem-15390	257	33	establish	establish	VERB
fbem-15390	257	34	comprehensive	comprehensive	ADJ
fbem-15390	257	35	legislation	legislation	NOUN
fbem-15390	257	36	pertaining	pertain	VERB
fbem-15390	257	37	to	to	ADP
fbem-15390	257	38	the	the	DET
fbem-15390	257	39	financial	financial	ADJ
fbem-15390	257	40	regulation	regulation	NOUN
fbem-15390	257	41	of	of	ADP
fbem-15390	257	42	such	such	ADJ
fbem-15390	257	43	ports	port	NOUN
fbem-15390	257	44	.	.	PUNCT
fbem-15390	258	1	in	in	ADP
fbem-15390	258	2	light	light	NOUN
fbem-15390	258	3	of	of	ADP
fbem-15390	258	4	the	the	DET
fbem-15390	258	5	greater	great	ADJ
fbem-15390	258	6	innovation	innovation	NOUN
fbem-15390	258	7	and	and	CCONJ
fbem-15390	258	8	complexity	complexity	NOUN
fbem-15390	258	9	observed	observe	VERB
fbem-15390	258	10	in	in	ADP
fbem-15390	258	11	the	the	DET
fbem-15390	258	12	financial	financial	ADJ
fbem-15390	258	13	system	system	NOUN
fbem-15390	258	14	of	of	ADP
fbem-15390	258	15	free	free	ADJ
fbem-15390	258	16	trade	trade	NOUN
fbem-15390	258	17	ports	port	NOUN
fbem-15390	258	18	compared	compare	VERB
fbem-15390	258	19	to	to	ADP
fbem-15390	258	20	domestic	domestic	ADJ
fbem-15390	258	21	financial	financial	ADJ
fbem-15390	258	22	markets	market	NOUN
fbem-15390	258	23	,	,	PUNCT
fbem-15390	258	24	it	it	PRON
fbem-15390	258	25	becomes	become	VERB
fbem-15390	258	26	imperative	imperative	ADJ
fbem-15390	258	27	to	to	PART
fbem-15390	258	28	build	build	VERB
fbem-15390	258	29	a	a	DET
fbem-15390	258	30	comprehensive	comprehensive	ADJ
fbem-15390	258	31	framework	framework	NOUN
fbem-15390	258	32	for	for	ADP
fbem-15390	258	33	financial	financial	ADJ
fbem-15390	258	34	supervision	supervision	NOUN
fbem-15390	258	35	in	in	ADP
fbem-15390	258	36	these	these	DET
fbem-15390	258	37	ports	port	NOUN
fbem-15390	258	38	through	through	ADP
fbem-15390	258	39	dedicated	dedicated	ADJ
fbem-15390	258	40	legislation	legislation	NOUN
fbem-15390	258	41	.	.	PUNCT
fbem-15390	259	1	regarding	regard	VERB
fbem-15390	259	2	the	the	DET
fbem-15390	259	3	particular	particular	ADJ
fbem-15390	259	4	structure	structure	NOUN
fbem-15390	259	5	of	of	ADP
fbem-15390	259	6	financial	financial	ADJ
fbem-15390	259	7	regulatory	regulatory	ADJ
fbem-15390	259	8	legislation	legislation	NOUN
fbem-15390	259	9	,	,	PUNCT
fbem-15390	259	10	the	the	DET
fbem-15390	259	11	national	national	ADJ
fbem-15390	259	12	legislature	legislature	NOUN
fbem-15390	259	13	has	have	VERB
fbem-15390	259	14	the	the	DET
fbem-15390	259	15	authority	authority	NOUN
fbem-15390	259	16	to	to	PART
fbem-15390	259	17	establish	establish	VERB
fbem-15390	259	18	distinct	distinct	ADJ
fbem-15390	259	19	laws	law	NOUN
fbem-15390	259	20	and	and	CCONJ
fbem-15390	259	21	regulations	regulation	NOUN
fbem-15390	259	22	for	for	ADP
fbem-15390	259	23	free	free	ADJ
fbem-15390	259	24	trade	trade	NOUN
fbem-15390	259	25	ports	port	NOUN
fbem-15390	259	26	.	.	PUNCT
fbem-15390	260	1	these	these	DET
fbem-15390	260	2	regulations	regulation	NOUN
fbem-15390	260	3	would	would	AUX
fbem-15390	260	4	outline	outline	VERB
fbem-15390	260	5	the	the	DET
fbem-15390	260	6	financial	financial	ADJ
fbem-15390	260	7	regulatory	regulatory	ADJ
fbem-15390	260	8	system	system	NOUN
fbem-15390	260	9	specific	specific	ADJ
fbem-15390	260	10	to	to	ADP
fbem-15390	260	11	the	the	DET
fbem-15390	260	12	free	free	ADJ
fbem-15390	260	13	trade	trade	NOUN
fbem-15390	260	14	port	port	NOUN
fbem-15390	260	15	.	.	PUNCT
fbem-15390	261	1	alternatively	alternatively	ADV
fbem-15390	261	2	,	,	PUNCT
fbem-15390	261	3	with	with	ADP
fbem-15390	261	4	the	the	DET
fbem-15390	261	5	approval	approval	NOUN
fbem-15390	261	6	of	of	ADP
fbem-15390	261	7	national	national	ADJ
fbem-15390	261	8	authorities	authority	NOUN
fbem-15390	261	9	,	,	PUNCT
fbem-15390	261	10	the	the	DET
fbem-15390	261	11	free	free	ADJ
fbem-15390	261	12	trade	trade	NOUN
fbem-15390	261	13	port	port	NOUN
fbem-15390	261	14	can	can	AUX
fbem-15390	261	15	develop	develop	VERB
fbem-15390	261	16	its	its	PRON
fbem-15390	261	17	own	own	ADJ
fbem-15390	261	18	management	management	NOUN
fbem-15390	261	19	regulations	regulation	NOUN
fbem-15390	261	20	that	that	PRON
fbem-15390	261	21	align	align	VERB
fbem-15390	261	22	with	with	ADP
fbem-15390	261	23	its	its	PRON
fbem-15390	261	24	unique	unique	ADJ
fbem-15390	261	25	developmental	developmental	ADJ
fbem-15390	261	26	characteristics	characteristic	NOUN
fbem-15390	261	27	.	.	PUNCT
fbem-15390	262	1	the	the	DET
fbem-15390	262	2	legislation	legislation	NOUN
fbem-15390	262	3	pertaining	pertain	VERB
fbem-15390	262	4	to	to	ADP
fbem-15390	262	5	the	the	DET
fbem-15390	262	6	financial	financial	ADJ
fbem-15390	262	7	supervision	supervision	NOUN
fbem-15390	262	8	of	of	ADP
fbem-15390	262	9	free	free	ADJ
fbem-15390	262	10	trade	trade	NOUN
fbem-15390	262	11	ports	port	NOUN
fbem-15390	262	12	should	should	AUX
fbem-15390	262	13	possess	possess	VERB
fbem-15390	262	14	a	a	DET
fbem-15390	262	15	requisite	requisite	ADJ
fbem-15390	262	16	level	level	NOUN
fbem-15390	262	17	of	of	ADP
fbem-15390	262	18	flexibility	flexibility	NOUN
fbem-15390	262	19	and	and	CCONJ
fbem-15390	262	20	adaptability	adaptability	NOUN
fbem-15390	262	21	.	.	PUNCT
fbem-15390	263	1	it	it	PRON
fbem-15390	263	2	ought	ought	AUX
fbem-15390	263	3	to	to	PART
fbem-15390	263	4	be	be	AUX
fbem-15390	263	5	formulated	formulate	VERB
fbem-15390	263	6	in	in	ADP
fbem-15390	263	7	alignment	alignment	NOUN
fbem-15390	263	8	with	with	ADP
fbem-15390	263	9	the	the	DET
fbem-15390	263	10	distinctive	distinctive	ADJ
fbem-15390	263	11	features	feature	NOUN
fbem-15390	263	12	and	and	CCONJ
fbem-15390	263	13	126	126	NUM
fbem-15390	263	14	developmental	developmental	ADJ
fbem-15390	263	15	objectives	objective	NOUN
fbem-15390	263	16	of	of	ADP
fbem-15390	263	17	hainan	hainan	PROPN
fbem-15390	263	18	's	's	PART
fbem-15390	263	19	free	free	ADJ
fbem-15390	263	20	trade	trade	NOUN
fbem-15390	263	21	ports	port	NOUN
fbem-15390	263	22	.	.	PUNCT
fbem-15390	264	1	this	this	DET
fbem-15390	264	2	approach	approach	NOUN
fbem-15390	264	3	will	will	AUX
fbem-15390	264	4	enable	enable	VERB
fbem-15390	264	5	the	the	DET
fbem-15390	264	6	achievement	achievement	NOUN
fbem-15390	264	7	of	of	ADP
fbem-15390	264	8	favorable	favorable	ADJ
fbem-15390	264	9	progress	progress	NOUN
fbem-15390	264	10	by	by	ADP
fbem-15390	264	11	avoiding	avoid	VERB
fbem-15390	264	12	constraints	constraint	NOUN
fbem-15390	264	13	on	on	ADP
fbem-15390	264	14	the	the	DET
fbem-15390	264	15	openness	openness	NOUN
fbem-15390	264	16	and	and	CCONJ
fbem-15390	264	17	innovation	innovation	NOUN
fbem-15390	264	18	of	of	ADP
fbem-15390	264	19	financial	financial	ADJ
fbem-15390	264	20	services	service	NOUN
fbem-15390	264	21	within	within	ADP
fbem-15390	264	22	the	the	DET
fbem-15390	264	23	ports	port	NOUN
fbem-15390	264	24	,	,	PUNCT
fbem-15390	264	25	while	while	SCONJ
fbem-15390	264	26	simultaneously	simultaneously	ADV
fbem-15390	264	27	ensuring	ensure	VERB
fbem-15390	264	28	effective	effective	ADJ
fbem-15390	264	29	regulation	regulation	NOUN
fbem-15390	264	30	.	.	PUNCT
fbem-15390	265	1	3.4.4	3.4.4	X
fbem-15390	265	2	.	.	PUNCT
fbem-15390	265	3	improve	improve	VERB
fbem-15390	265	4	the	the	DET
fbem-15390	265	5	financial	financial	ADJ
fbem-15390	265	6	regulatory	regulatory	ADJ
fbem-15390	265	7	system	system	NOUN
fbem-15390	265	8	of	of	ADP
fbem-15390	265	9	hainan	hainan	PROPN
fbem-15390	265	10	free	free	PROPN
fbem-15390	265	11	trade	trade	PROPN
fbem-15390	265	12	harbour	harbour	PROPN
fbem-15390	265	13	free	free	PROPN
fbem-15390	265	14	trade	trade	NOUN
fbem-15390	265	15	ports	port	NOUN
fbem-15390	265	16	exhibit	exhibit	VERB
fbem-15390	265	17	notable	notable	ADJ
fbem-15390	265	18	distinctions	distinction	NOUN
fbem-15390	265	19	from	from	ADP
fbem-15390	265	20	other	other	ADJ
fbem-15390	265	21	domestic	domestic	ADJ
fbem-15390	265	22	financial	financial	ADJ
fbem-15390	265	23	systems	system	NOUN
fbem-15390	265	24	,	,	PUNCT
fbem-15390	265	25	rendering	render	VERB
fbem-15390	265	26	the	the	DET
fbem-15390	265	27	sectoral	sectoral	ADJ
fbem-15390	265	28	management	management	NOUN
fbem-15390	265	29	model	model	NOUN
fbem-15390	265	30	unsuitable	unsuitable	ADJ
fbem-15390	265	31	for	for	ADP
fbem-15390	265	32	effectively	effectively	ADV
fbem-15390	265	33	overseeing	oversee	VERB
fbem-15390	265	34	them	they	PRON
fbem-15390	265	35	.	.	PUNCT
fbem-15390	266	1	inadequate	inadequate	ADJ
fbem-15390	266	2	coordination	coordination	NOUN
fbem-15390	266	3	within	within	ADP
fbem-15390	266	4	this	this	DET
fbem-15390	266	5	model	model	NOUN
fbem-15390	266	6	can	can	AUX
fbem-15390	266	7	hinder	hinder	VERB
fbem-15390	266	8	the	the	DET
fbem-15390	266	9	prevention	prevention	NOUN
fbem-15390	266	10	and	and	CCONJ
fbem-15390	266	11	control	control	NOUN
fbem-15390	266	12	of	of	ADP
fbem-15390	266	13	the	the	DET
fbem-15390	266	14	intricate	intricate	ADJ
fbem-15390	266	15	financial	financial	ADJ
fbem-15390	266	16	risks	risk	NOUN
fbem-15390	266	17	associated	associate	VERB
fbem-15390	266	18	with	with	ADP
fbem-15390	266	19	free	free	ADJ
fbem-15390	266	20	trade	trade	NOUN
fbem-15390	266	21	ports	port	NOUN
fbem-15390	266	22	.	.	PUNCT
fbem-15390	267	1	hence	hence	ADV
fbem-15390	267	2	,	,	PUNCT
fbem-15390	267	3	it	it	PRON
fbem-15390	267	4	is	be	AUX
fbem-15390	267	5	imperative	imperative	ADJ
fbem-15390	267	6	to	to	PART
fbem-15390	267	7	promptly	promptly	ADV
fbem-15390	267	8	institute	institute	VERB
fbem-15390	267	9	a	a	DET
fbem-15390	267	10	regulatory	regulatory	ADJ
fbem-15390	267	11	framework	framework	NOUN
fbem-15390	267	12	and	and	CCONJ
fbem-15390	267	13	policy	policy	NOUN
fbem-15390	267	14	interventions	intervention	NOUN
fbem-15390	267	15	that	that	PRON
fbem-15390	267	16	align	align	VERB
fbem-15390	267	17	with	with	ADP
fbem-15390	267	18	the	the	DET
fbem-15390	267	19	financial	financial	ADJ
fbem-15390	267	20	risks	risk	NOUN
fbem-15390	267	21	associated	associate	VERB
fbem-15390	267	22	with	with	ADP
fbem-15390	267	23	the	the	DET
fbem-15390	267	24	hainan	hainan	PROPN
fbem-15390	267	25	free	free	PROPN
fbem-15390	267	26	trade	trade	PROPN
fbem-15390	267	27	port	port	NOUN
fbem-15390	267	28	.	.	PUNCT
fbem-15390	268	1	simultaneously	simultaneously	ADV
fbem-15390	268	2	,	,	PUNCT
fbem-15390	268	3	there	there	PRON
fbem-15390	268	4	is	be	VERB
fbem-15390	268	5	a	a	DET
fbem-15390	268	6	need	need	NOUN
fbem-15390	268	7	to	to	PART
fbem-15390	268	8	enhance	enhance	VERB
fbem-15390	268	9	the	the	DET
fbem-15390	268	10	domestic	domestic	ADJ
fbem-15390	268	11	and	and	CCONJ
fbem-15390	268	12	international	international	ADJ
fbem-15390	268	13	financial	financial	ADJ
fbem-15390	268	14	regulatory	regulatory	ADJ
fbem-15390	268	15	exchange	exchange	NOUN
fbem-15390	268	16	mechanism	mechanism	NOUN
fbem-15390	268	17	by	by	ADP
fbem-15390	268	18	bolstering	bolster	VERB
fbem-15390	268	19	amicable	amicable	ADJ
fbem-15390	268	20	collaboration	collaboration	NOUN
fbem-15390	268	21	among	among	ADP
fbem-15390	268	22	nations	nation	NOUN
fbem-15390	268	23	and	and	CCONJ
fbem-15390	268	24	regions	region	NOUN
fbem-15390	268	25	.	.	PUNCT
fbem-15390	269	1	this	this	PRON
fbem-15390	269	2	will	will	AUX
fbem-15390	269	3	effectively	effectively	ADV
fbem-15390	269	4	mitigate	mitigate	VERB
fbem-15390	269	5	and	and	CCONJ
fbem-15390	269	6	address	address	VERB
fbem-15390	269	7	financial	financial	ADJ
fbem-15390	269	8	risks	risk	NOUN
fbem-15390	269	9	,	,	PUNCT
fbem-15390	269	10	enhance	enhance	VERB
fbem-15390	269	11	the	the	DET
fbem-15390	269	12	efficacy	efficacy	NOUN
fbem-15390	269	13	of	of	ADP
fbem-15390	269	14	cross	cross	ADJ
fbem-15390	269	15	-	-	ADJ
fbem-15390	269	16	border	border	ADJ
fbem-15390	269	17	regulatory	regulatory	ADJ
fbem-15390	269	18	cooperation	cooperation	NOUN
fbem-15390	269	19	,	,	PUNCT
fbem-15390	269	20	and	and	CCONJ
fbem-15390	269	21	facilitate	facilitate	VERB
fbem-15390	269	22	the	the	DET
fbem-15390	269	23	development	development	NOUN
fbem-15390	269	24	of	of	ADP
fbem-15390	269	25	hainan	hainan	PROPN
fbem-15390	269	26	free	free	PROPN
fbem-15390	269	27	trade	trade	PROPN
fbem-15390	269	28	port	port	NOUN
fbem-15390	269	29	as	as	ADP
fbem-15390	269	30	a	a	DET
fbem-15390	269	31	regional	regional	ADJ
fbem-15390	269	32	financial	financial	ADJ
fbem-15390	269	33	hub	hub	NOUN
fbem-15390	269	34	.	.	PUNCT
fbem-15390	270	1	3.4.5	3.4.5	X
fbem-15390	270	2	.	.	PUNCT
fbem-15390	270	3	establishing	establish	VERB
fbem-15390	270	4	a	a	DET
fbem-15390	270	5	scientific	scientific	ADJ
fbem-15390	270	6	and	and	CCONJ
fbem-15390	270	7	sensitive	sensitive	ADJ
fbem-15390	270	8	early	early	ADJ
fbem-15390	270	9	warning	warning	NOUN
fbem-15390	270	10	mechanism	mechanism	NOUN
fbem-15390	270	11	for	for	ADP
fbem-15390	270	12	financial	financial	ADJ
fbem-15390	270	13	risks	risk	NOUN
fbem-15390	270	14	in	in	ADP
fbem-15390	270	15	hainan	hainan	PROPN
fbem-15390	270	16	's	's	PART
fbem-15390	270	17	free	free	PROPN
fbem-15390	270	18	trade	trade	NOUN
fbem-15390	270	19	harbour	harbour	NOUN
fbem-15390	270	20	in	in	ADP
fbem-15390	270	21	order	order	NOUN
fbem-15390	270	22	to	to	PART
fbem-15390	270	23	effectively	effectively	ADV
fbem-15390	270	24	detect	detect	VERB
fbem-15390	270	25	financial	financial	ADJ
fbem-15390	270	26	risks	risk	NOUN
fbem-15390	270	27	in	in	ADP
fbem-15390	270	28	the	the	DET
fbem-15390	270	29	hainan	hainan	PROPN
fbem-15390	270	30	free	free	PROPN
fbem-15390	270	31	trade	trade	PROPN
fbem-15390	270	32	port	port	NOUN
fbem-15390	270	33	at	at	ADP
fbem-15390	270	34	an	an	DET
fbem-15390	270	35	early	early	ADJ
fbem-15390	270	36	stage	stage	NOUN
fbem-15390	270	37	,	,	PUNCT
fbem-15390	270	38	it	it	PRON
fbem-15390	270	39	is	be	AUX
fbem-15390	270	40	imperative	imperative	ADJ
fbem-15390	270	41	to	to	PART
fbem-15390	270	42	utilize	utilize	VERB
fbem-15390	270	43	the	the	DET
fbem-15390	270	44	data	datum	NOUN
fbem-15390	270	45	provided	provide	VERB
fbem-15390	270	46	by	by	ADP
fbem-15390	270	47	financial	financial	ADJ
fbem-15390	270	48	supervisory	supervisory	ADJ
fbem-15390	270	49	departments	department	NOUN
fbem-15390	270	50	and	and	CCONJ
fbem-15390	270	51	the	the	DET
fbem-15390	270	52	immediate	immediate	ADJ
fbem-15390	270	53	economic	economic	ADJ
fbem-15390	270	54	information	information	NOUN
fbem-15390	270	55	release	release	NOUN
fbem-15390	270	56	and	and	CCONJ
fbem-15390	270	57	supervision	supervision	NOUN
fbem-15390	270	58	platform	platform	NOUN
fbem-15390	270	59	of	of	ADP
fbem-15390	270	60	the	the	DET
fbem-15390	270	61	free	free	ADJ
fbem-15390	270	62	trade	trade	NOUN
fbem-15390	270	63	port	port	NOUN
fbem-15390	270	64	.	.	PUNCT
fbem-15390	271	1	this	this	DET
fbem-15390	271	2	data	datum	NOUN
fbem-15390	271	3	should	should	AUX
fbem-15390	271	4	serve	serve	VERB
fbem-15390	271	5	as	as	ADP
fbem-15390	271	6	the	the	DET
fbem-15390	271	7	foundation	foundation	NOUN
fbem-15390	271	8	for	for	ADP
fbem-15390	271	9	establishing	establish	VERB
fbem-15390	271	10	a	a	DET
fbem-15390	271	11	robust	robust	ADJ
fbem-15390	271	12	information	information	NOUN
fbem-15390	271	13	supervisory	supervisory	ADJ
fbem-15390	271	14	network	network	NOUN
fbem-15390	271	15	and	and	CCONJ
fbem-15390	271	16	mechanism	mechanism	NOUN
fbem-15390	271	17	.	.	PUNCT
fbem-15390	272	1	furthermore	furthermore	ADV
fbem-15390	272	2	,	,	PUNCT
fbem-15390	272	3	it	it	PRON
fbem-15390	272	4	is	be	AUX
fbem-15390	272	5	essential	essential	ADJ
fbem-15390	272	6	to	to	PART
fbem-15390	272	7	develop	develop	VERB
fbem-15390	272	8	a	a	DET
fbem-15390	272	9	systematic	systematic	ADJ
fbem-15390	272	10	financial	financial	ADJ
fbem-15390	272	11	risk	risk	NOUN
fbem-15390	272	12	early	early	ADJ
fbem-15390	272	13	warning	warning	NOUN
fbem-15390	272	14	and	and	CCONJ
fbem-15390	272	15	processing	processing	NOUN
fbem-15390	272	16	system	system	NOUN
fbem-15390	272	17	that	that	PRON
fbem-15390	272	18	aligns	align	VERB
fbem-15390	272	19	with	with	ADP
fbem-15390	272	20	the	the	DET
fbem-15390	272	21	ongoing	ongoing	ADJ
fbem-15390	272	22	construction	construction	NOUN
fbem-15390	272	23	of	of	ADP
fbem-15390	272	24	the	the	DET
fbem-15390	272	25	free	free	ADJ
fbem-15390	272	26	trade	trade	NOUN
fbem-15390	272	27	port	port	NOUN
fbem-15390	272	28	.	.	PUNCT
fbem-15390	273	1	this	this	DET
fbem-15390	273	2	system	system	NOUN
fbem-15390	273	3	will	will	AUX
fbem-15390	273	4	enable	enable	VERB
fbem-15390	273	5	timely	timely	ADJ
fbem-15390	273	6	,	,	PUNCT
fbem-15390	273	7	scientific	scientific	ADJ
fbem-15390	273	8	,	,	PUNCT
fbem-15390	273	9	and	and	CCONJ
fbem-15390	273	10	accurate	accurate	ADJ
fbem-15390	273	11	assessment	assessment	NOUN
fbem-15390	273	12	and	and	CCONJ
fbem-15390	273	13	handling	handling	NOUN
fbem-15390	273	14	of	of	ADP
fbem-15390	273	15	financial	financial	ADJ
fbem-15390	273	16	information	information	NOUN
fbem-15390	273	17	,	,	PUNCT
fbem-15390	273	18	thereby	thereby	ADV
fbem-15390	273	19	enhancing	enhance	VERB
fbem-15390	273	20	the	the	DET
fbem-15390	273	21	efficacy	efficacy	NOUN
fbem-15390	273	22	of	of	ADP
fbem-15390	273	23	mechanisms	mechanism	NOUN
fbem-15390	273	24	designed	design	VERB
fbem-15390	273	25	to	to	PART
fbem-15390	273	26	address	address	VERB
fbem-15390	273	27	and	and	CCONJ
fbem-15390	273	28	mitigate	mitigate	VERB
fbem-15390	273	29	financial	financial	ADJ
fbem-15390	273	30	risks	risk	NOUN
fbem-15390	273	31	.	.	PUNCT
fbem-15390	274	1	by	by	ADP
fbem-15390	274	2	doing	do	VERB
fbem-15390	274	3	so	so	ADV
fbem-15390	274	4	,	,	PUNCT
fbem-15390	274	5	the	the	DET
fbem-15390	274	6	accumulation	accumulation	NOUN
fbem-15390	274	7	of	of	ADP
fbem-15390	274	8	risks	risk	NOUN
fbem-15390	274	9	can	can	AUX
fbem-15390	274	10	be	be	AUX
fbem-15390	274	11	prevented	prevent	VERB
fbem-15390	274	12	,	,	PUNCT
fbem-15390	274	13	and	and	CCONJ
fbem-15390	274	14	financial	financial	ADJ
fbem-15390	274	15	security	security	NOUN
fbem-15390	274	16	can	can	AUX
fbem-15390	274	17	be	be	AUX
fbem-15390	274	18	ensured	ensure	VERB
fbem-15390	274	19	.	.	PUNCT
fbem-15390	275	1	4	4	X
fbem-15390	275	2	.	.	X
fbem-15390	275	3	conclusion	conclusion	NOUN
fbem-15390	275	4	and	and	CCONJ
fbem-15390	275	5	outlook	outlook	NOUN
fbem-15390	275	6	this	this	DET
fbem-15390	275	7	paper	paper	NOUN
fbem-15390	275	8	undertakes	undertake	VERB
fbem-15390	275	9	an	an	DET
fbem-15390	275	10	analysis	analysis	NOUN
fbem-15390	275	11	of	of	ADP
fbem-15390	275	12	the	the	DET
fbem-15390	275	13	predicament	predicament	NOUN
fbem-15390	275	14	surrounding	surround	VERB
fbem-15390	275	15	the	the	DET
fbem-15390	275	16	management	management	NOUN
fbem-15390	275	17	of	of	ADP
fbem-15390	275	18	digital	digital	ADJ
fbem-15390	275	19	financial	financial	ADJ
fbem-15390	275	20	risks	risk	NOUN
fbem-15390	275	21	.	.	PUNCT
fbem-15390	276	1	it	it	PRON
fbem-15390	276	2	achieves	achieve	VERB
fbem-15390	276	3	this	this	PRON
fbem-15390	276	4	by	by	ADP
fbem-15390	276	5	examining	examine	VERB
fbem-15390	276	6	the	the	DET
fbem-15390	276	7	current	current	ADJ
fbem-15390	276	8	state	state	NOUN
fbem-15390	276	9	and	and	CCONJ
fbem-15390	276	10	trajectory	trajectory	NOUN
fbem-15390	276	11	of	of	ADP
fbem-15390	276	12	digital	digital	ADJ
fbem-15390	276	13	financial	financial	ADJ
fbem-15390	276	14	development	development	NOUN
fbem-15390	276	15	,	,	PUNCT
fbem-15390	276	16	scrutinizing	scrutinize	VERB
fbem-15390	276	17	the	the	DET
fbem-15390	276	18	distinctive	distinctive	ADJ
fbem-15390	276	19	attributes	attribute	NOUN
fbem-15390	276	20	of	of	ADP
fbem-15390	276	21	digital	digital	ADJ
fbem-15390	276	22	finance	finance	NOUN
fbem-15390	276	23	in	in	ADP
fbem-15390	276	24	contrast	contrast	NOUN
fbem-15390	276	25	to	to	ADP
fbem-15390	276	26	the	the	DET
fbem-15390	276	27	progression	progression	NOUN
fbem-15390	276	28	of	of	ADP
fbem-15390	276	29	traditional	traditional	ADJ
fbem-15390	276	30	financial	financial	ADJ
fbem-15390	276	31	risks	risk	NOUN
fbem-15390	276	32	.	.	PUNCT
fbem-15390	277	1	furthermore	furthermore	ADV
fbem-15390	277	2	,	,	PUNCT
fbem-15390	277	3	it	it	PRON
fbem-15390	277	4	integrates	integrate	VERB
fbem-15390	277	5	these	these	DET
fbem-15390	277	6	findings	finding	NOUN
fbem-15390	277	7	with	with	ADP
fbem-15390	277	8	the	the	DET
fbem-15390	277	9	prevailing	prevail	VERB
fbem-15390	277	10	conditions	condition	NOUN
fbem-15390	277	11	of	of	ADP
fbem-15390	277	12	financial	financial	ADJ
fbem-15390	277	13	development	development	NOUN
fbem-15390	277	14	and	and	CCONJ
fbem-15390	277	15	establishment	establishment	NOUN
fbem-15390	277	16	in	in	ADP
fbem-15390	277	17	hainan	hainan	PROPN
fbem-15390	277	18	free	free	PROPN
fbem-15390	277	19	trade	trade	PROPN
fbem-15390	277	20	port	port	NOUN
fbem-15390	277	21	(	(	PUNCT
fbem-15390	277	22	fttp	fttp	PROPN
fbem-15390	277	23	)	)	PUNCT
fbem-15390	277	24	.	.	PUNCT
fbem-15390	278	1	subsequently	subsequently	ADV
fbem-15390	278	2	,	,	PUNCT
fbem-15390	278	3	it	it	PRON
fbem-15390	278	4	puts	put	VERB
fbem-15390	278	5	forth	forth	ADP
fbem-15390	278	6	risk	risk	NOUN
fbem-15390	278	7	management	management	NOUN
fbem-15390	278	8	strategies	strategy	NOUN
fbem-15390	278	9	aimed	aim	VERB
fbem-15390	278	10	at	at	ADP
fbem-15390	278	11	facilitating	facilitate	VERB
fbem-15390	278	12	the	the	DET
fbem-15390	278	13	advancement	advancement	NOUN
fbem-15390	278	14	of	of	ADP
fbem-15390	278	15	digital	digital	ADJ
fbem-15390	278	16	finance	finance	NOUN
fbem-15390	278	17	in	in	ADP
fbem-15390	278	18	hainan	hainan	PROPN
fbem-15390	278	19	fttp	fttp	PROPN
fbem-15390	278	20	,	,	PUNCT
fbem-15390	278	21	with	with	ADP
fbem-15390	278	22	a	a	DET
fbem-15390	278	23	focus	focus	NOUN
fbem-15390	278	24	on	on	ADP
fbem-15390	278	25	the	the	DET
fbem-15390	278	26	present	present	ADJ
fbem-15390	278	27	circumstances	circumstance	NOUN
fbem-15390	278	28	.	.	PUNCT
fbem-15390	279	1	nevertheless	nevertheless	ADV
fbem-15390	279	2	,	,	PUNCT
fbem-15390	279	3	it	it	PRON
fbem-15390	279	4	is	be	AUX
fbem-15390	279	5	imperative	imperative	ADJ
fbem-15390	279	6	that	that	SCONJ
fbem-15390	279	7	the	the	DET
fbem-15390	279	8	advancement	advancement	NOUN
fbem-15390	279	9	of	of	ADP
fbem-15390	279	10	digital	digital	ADJ
fbem-15390	279	11	banking	banking	NOUN
fbem-15390	279	12	encompasses	encompass	VERB
fbem-15390	279	13	not	not	PART
fbem-15390	279	14	only	only	ADV
fbem-15390	279	15	the	the	DET
fbem-15390	279	16	current	current	ADJ
fbem-15390	279	17	state	state	NOUN
fbem-15390	279	18	but	but	CCONJ
fbem-15390	279	19	also	also	ADV
fbem-15390	279	20	prioritizes	prioritize	VERB
fbem-15390	279	21	the	the	DET
fbem-15390	279	22	anticipation	anticipation	NOUN
fbem-15390	279	23	and	and	CCONJ
fbem-15390	279	24	strategic	strategic	ADJ
fbem-15390	279	25	preparation	preparation	NOUN
fbem-15390	279	26	for	for	ADP
fbem-15390	279	27	future	future	ADJ
fbem-15390	279	28	progress	progress	NOUN
fbem-15390	279	29	.	.	PUNCT
fbem-15390	280	1	hence	hence	ADV
fbem-15390	280	2	,	,	PUNCT
fbem-15390	280	3	this	this	DET
fbem-15390	280	4	study	study	NOUN
fbem-15390	280	5	presents	present	VERB
fbem-15390	280	6	a	a	DET
fbem-15390	280	7	perspective	perspective	NOUN
fbem-15390	280	8	on	on	ADP
fbem-15390	280	9	the	the	DET
fbem-15390	280	10	prospective	prospective	ADJ
fbem-15390	280	11	trajectory	trajectory	NOUN
fbem-15390	280	12	of	of	ADP
fbem-15390	280	13	digital	digital	ADJ
fbem-15390	280	14	finance	finance	NOUN
fbem-15390	280	15	's	's	PART
fbem-15390	280	16	future	future	ADJ
fbem-15390	280	17	development	development	NOUN
fbem-15390	280	18	.	.	PUNCT
fbem-15390	281	1	4.1	4.1	NUM
fbem-15390	281	2	.	.	PUNCT
fbem-15390	282	1	the	the	DET
fbem-15390	282	2	future	future	NOUN
fbem-15390	282	3	of	of	ADP
fbem-15390	282	4	digital	digital	ADJ
fbem-15390	282	5	finance	finance	NOUN
fbem-15390	282	6	is	be	AUX
fbem-15390	282	7	digital	digital	ADJ
fbem-15390	282	8	,	,	PUNCT
fbem-15390	282	9	intelligent	intelligent	ADJ
fbem-15390	282	10	and	and	CCONJ
fbem-15390	282	11	personalised	personalise	VERB
fbem-15390	282	12	the	the	DET
fbem-15390	282	13	phenomenon	phenomenon	NOUN
fbem-15390	282	14	of	of	ADP
fbem-15390	282	15	digitalisation	digitalisation	NOUN
fbem-15390	282	16	is	be	AUX
fbem-15390	282	17	expected	expect	VERB
fbem-15390	282	18	to	to	PART
fbem-15390	282	19	emerge	emerge	VERB
fbem-15390	282	20	as	as	ADP
fbem-15390	282	21	an	an	DET
fbem-15390	282	22	indispensable	indispensable	ADJ
fbem-15390	282	23	and	and	CCONJ
fbem-15390	282	24	enduring	endure	VERB
fbem-15390	282	25	trend	trend	NOUN
fbem-15390	282	26	in	in	ADP
fbem-15390	282	27	the	the	DET
fbem-15390	282	28	progression	progression	NOUN
fbem-15390	282	29	of	of	ADP
fbem-15390	282	30	digital	digital	ADJ
fbem-15390	282	31	finance	finance	NOUN
fbem-15390	282	32	.	.	PUNCT
fbem-15390	283	1	the	the	DET
fbem-15390	283	2	incorporation	incorporation	NOUN
fbem-15390	283	3	of	of	ADP
fbem-15390	283	4	big	big	ADJ
fbem-15390	283	5	data	datum	NOUN
fbem-15390	283	6	,	,	PUNCT
fbem-15390	283	7	blockchain	blockchain	NOUN
fbem-15390	283	8	,	,	PUNCT
fbem-15390	283	9	artificial	artificial	ADJ
fbem-15390	283	10	intelligence	intelligence	NOUN
fbem-15390	283	11	(	(	PUNCT
fbem-15390	283	12	ai	ai	NOUN
fbem-15390	283	13	)	)	PUNCT
fbem-15390	283	14	,	,	PUNCT
fbem-15390	283	15	and	and	CCONJ
fbem-15390	283	16	other	other	ADJ
fbem-15390	283	17	technological	technological	ADJ
fbem-15390	283	18	advancements	advancement	NOUN
fbem-15390	283	19	in	in	ADP
fbem-15390	283	20	the	the	DET
fbem-15390	283	21	field	field	NOUN
fbem-15390	283	22	of	of	ADP
fbem-15390	283	23	finance	finance	NOUN
fbem-15390	283	24	has	have	AUX
fbem-15390	283	25	led	lead	VERB
fbem-15390	283	26	to	to	ADP
fbem-15390	283	27	the	the	DET
fbem-15390	283	28	digitization	digitization	NOUN
fbem-15390	283	29	of	of	ADP
fbem-15390	283	30	financial	financial	ADJ
fbem-15390	283	31	services	service	NOUN
fbem-15390	283	32	.	.	PUNCT
fbem-15390	284	1	this	this	DET
fbem-15390	284	2	digitization	digitization	NOUN
fbem-15390	284	3	has	have	AUX
fbem-15390	284	4	not	not	PART
fbem-15390	284	5	only	only	ADV
fbem-15390	284	6	provided	provide	VERB
fbem-15390	284	7	clients	client	NOUN
fbem-15390	284	8	with	with	ADP
fbem-15390	284	9	easy	easy	ADJ
fbem-15390	284	10	services	service	NOUN
fbem-15390	284	11	,	,	PUNCT
fbem-15390	284	12	but	but	CCONJ
fbem-15390	284	13	has	have	AUX
fbem-15390	284	14	also	also	ADV
fbem-15390	284	15	significantly	significantly	ADV
fbem-15390	284	16	decreased	decrease	VERB
fbem-15390	284	17	operational	operational	ADJ
fbem-15390	284	18	expenses	expense	NOUN
fbem-15390	284	19	for	for	ADP
fbem-15390	284	20	businesses	business	NOUN
fbem-15390	284	21	.	.	PUNCT
fbem-15390	285	1	moreover	moreover	ADV
fbem-15390	285	2	,	,	PUNCT
fbem-15390	285	3	it	it	PRON
fbem-15390	285	4	has	have	AUX
fbem-15390	285	5	facilitated	facilitate	VERB
fbem-15390	285	6	financial	financial	ADJ
fbem-15390	285	7	innovation	innovation	NOUN
fbem-15390	285	8	and	and	CCONJ
fbem-15390	285	9	improved	improve	VERB
fbem-15390	285	10	the	the	DET
fbem-15390	285	11	capacity	capacity	NOUN
fbem-15390	285	12	to	to	PART
fbem-15390	285	13	protect	protect	VERB
fbem-15390	285	14	customer	customer	NOUN
fbem-15390	285	15	data	datum	NOUN
fbem-15390	285	16	and	and	CCONJ
fbem-15390	285	17	cash	cash	NOUN
fbem-15390	285	18	.	.	PUNCT
fbem-15390	286	1	the	the	DET
fbem-15390	286	2	future	future	NOUN
fbem-15390	286	3	of	of	ADP
fbem-15390	286	4	digital	digital	ADJ
fbem-15390	286	5	banking	banking	NOUN
fbem-15390	286	6	centers	center	NOUN
fbem-15390	286	7	around	around	ADP
fbem-15390	286	8	the	the	DET
fbem-15390	286	9	integration	integration	NOUN
fbem-15390	286	10	of	of	ADP
fbem-15390	286	11	intelligence	intelligence	NOUN
fbem-15390	286	12	,	,	PUNCT
fbem-15390	286	13	which	which	PRON
fbem-15390	286	14	enhances	enhance	VERB
fbem-15390	286	15	and	and	CCONJ
fbem-15390	286	16	advances	advance	VERB
fbem-15390	286	17	the	the	DET
fbem-15390	286	18	process	process	NOUN
fbem-15390	286	19	of	of	ADP
fbem-15390	286	20	digitalization	digitalization	NOUN
fbem-15390	286	21	,	,	PUNCT
fbem-15390	286	22	ultimately	ultimately	ADV
fbem-15390	286	23	fostering	foster	VERB
fbem-15390	286	24	the	the	DET
fbem-15390	286	25	emergence	emergence	NOUN
fbem-15390	286	26	of	of	ADP
fbem-15390	286	27	personalized	personalized	ADJ
fbem-15390	286	28	financial	financial	ADJ
fbem-15390	286	29	services	service	NOUN
fbem-15390	286	30	.	.	PUNCT
fbem-15390	287	1	in	in	ADP
fbem-15390	287	2	the	the	DET
fbem-15390	287	3	forthcoming	forthcoming	ADJ
fbem-15390	287	4	era	era	NOUN
fbem-15390	287	5	,	,	PUNCT
fbem-15390	287	6	the	the	DET
fbem-15390	287	7	competitive	competitive	ADJ
fbem-15390	287	8	market	market	NOUN
fbem-15390	287	9	will	will	AUX
fbem-15390	287	10	place	place	VERB
fbem-15390	287	11	greater	great	ADJ
fbem-15390	287	12	emphasis	emphasis	NOUN
fbem-15390	287	13	on	on	ADP
fbem-15390	287	14	personalised	personalised	ADJ
fbem-15390	287	15	services	service	NOUN
fbem-15390	287	16	and	and	CCONJ
fbem-15390	287	17	products	product	NOUN
fbem-15390	287	18	.	.	PUNCT
fbem-15390	288	1	personalisation	personalisation	NOUN
fbem-15390	288	2	is	be	AUX
fbem-15390	288	3	poised	poise	VERB
fbem-15390	288	4	to	to	PART
fbem-15390	288	5	become	become	VERB
fbem-15390	288	6	a	a	DET
fbem-15390	288	7	crucial	crucial	ADJ
fbem-15390	288	8	determinant	determinant	ADJ
fbem-15390	288	9	in	in	ADP
fbem-15390	288	10	market	market	NOUN
fbem-15390	288	11	competition	competition	NOUN
fbem-15390	288	12	.	.	PUNCT
fbem-15390	289	1	the	the	DET
fbem-15390	289	2	provision	provision	NOUN
fbem-15390	289	3	of	of	ADP
fbem-15390	289	4	customised	customised	ADJ
fbem-15390	289	5	services	service	NOUN
fbem-15390	289	6	and	and	CCONJ
fbem-15390	289	7	products	product	NOUN
fbem-15390	289	8	to	to	ADP
fbem-15390	289	9	customers	customer	NOUN
fbem-15390	289	10	will	will	AUX
fbem-15390	289	11	undoubtedly	undoubtedly	ADV
fbem-15390	289	12	emerge	emerge	VERB
fbem-15390	289	13	as	as	ADP
fbem-15390	289	14	a	a	DET
fbem-15390	289	15	prevailing	prevail	VERB
fbem-15390	289	16	trend	trend	NOUN
fbem-15390	289	17	.	.	PUNCT
fbem-15390	290	1	consequently	consequently	ADV
fbem-15390	290	2	,	,	PUNCT
fbem-15390	290	3	personalisation	personalisation	NOUN
fbem-15390	290	4	represents	represent	VERB
fbem-15390	290	5	a	a	DET
fbem-15390	290	6	significant	significant	ADJ
fbem-15390	290	7	avenue	avenue	NOUN
fbem-15390	290	8	for	for	ADP
fbem-15390	290	9	the	the	DET
fbem-15390	290	10	future	future	ADJ
fbem-15390	290	11	advancement	advancement	NOUN
fbem-15390	290	12	of	of	ADP
fbem-15390	290	13	digital	digital	ADJ
fbem-15390	290	14	finance	finance	NOUN
fbem-15390	290	15	.	.	PUNCT
fbem-15390	291	1	4.2	4.2	NUM
fbem-15390	291	2	.	.	PUNCT
fbem-15390	292	1	the	the	DET
fbem-15390	292	2	future	future	ADJ
fbem-15390	292	3	development	development	NOUN
fbem-15390	292	4	of	of	ADP
fbem-15390	292	5	digital	digital	ADJ
fbem-15390	292	6	finance	finance	NOUN
fbem-15390	292	7	will	will	AUX
fbem-15390	292	8	focus	focus	VERB
fbem-15390	292	9	more	more	ADV
fbem-15390	292	10	on	on	ADP
fbem-15390	292	11	risk	risk	NOUN
fbem-15390	292	12	management	management	NOUN
fbem-15390	292	13	and	and	CCONJ
fbem-15390	292	14	regulation	regulation	NOUN
fbem-15390	292	15	the	the	DET
fbem-15390	292	16	increasing	increase	VERB
fbem-15390	292	17	complexity	complexity	NOUN
fbem-15390	292	18	and	and	CCONJ
fbem-15390	292	19	innovation	innovation	NOUN
fbem-15390	292	20	of	of	ADP
fbem-15390	292	21	digital	digital	ADJ
fbem-15390	292	22	financial	financial	ADJ
fbem-15390	292	23	products	product	NOUN
fbem-15390	292	24	will	will	AUX
fbem-15390	292	25	eventually	eventually	ADV
fbem-15390	292	26	give	give	VERB
fbem-15390	292	27	rise	rise	NOUN
fbem-15390	292	28	to	to	ADP
fbem-15390	292	29	more	more	ADV
fbem-15390	292	30	intricate	intricate	ADJ
fbem-15390	292	31	hazards	hazard	NOUN
fbem-15390	292	32	.	.	PUNCT
fbem-15390	293	1	consequently	consequently	ADV
fbem-15390	293	2	,	,	PUNCT
fbem-15390	293	3	enhancing	enhance	VERB
fbem-15390	293	4	digital	digital	ADJ
fbem-15390	293	5	financial	financial	ADJ
fbem-15390	293	6	risk	risk	NOUN
fbem-15390	293	7	management	management	NOUN
fbem-15390	293	8	will	will	AUX
fbem-15390	293	9	become	become	VERB
fbem-15390	293	10	an	an	DET
fbem-15390	293	11	essential	essential	ADJ
fbem-15390	293	12	prerequisite	prerequisite	NOUN
fbem-15390	293	13	for	for	ADP
fbem-15390	293	14	stabilizing	stabilize	VERB
fbem-15390	293	15	the	the	DET
fbem-15390	293	16	financial	financial	ADJ
fbem-15390	293	17	market	market	NOUN
fbem-15390	293	18	and	and	CCONJ
fbem-15390	293	19	protecting	protect	VERB
fbem-15390	293	20	the	the	DET
fbem-15390	293	21	interests	interest	NOUN
fbem-15390	293	22	of	of	ADP
fbem-15390	293	23	investors	investor	NOUN
fbem-15390	293	24	.	.	PUNCT
fbem-15390	294	1	furthermore	furthermore	ADV
fbem-15390	294	2	,	,	PUNCT
fbem-15390	294	3	digital	digital	ADJ
fbem-15390	294	4	financial	financial	ADJ
fbem-15390	294	5	risks	risk	NOUN
fbem-15390	294	6	possess	possess	VERB
fbem-15390	294	7	a	a	DET
fbem-15390	294	8	high	high	ADJ
fbem-15390	294	9	degree	degree	NOUN
fbem-15390	294	10	of	of	ADP
fbem-15390	294	11	transmissibility	transmissibility	NOUN
fbem-15390	294	12	,	,	PUNCT
fbem-15390	294	13	rendering	render	VERB
fbem-15390	294	14	them	they	PRON
fbem-15390	294	15	arduous	arduous	ADJ
fbem-15390	294	16	to	to	PART
fbem-15390	294	17	detect	detect	VERB
fbem-15390	294	18	and	and	CCONJ
fbem-15390	294	19	evaluate	evaluate	VERB
fbem-15390	294	20	.	.	PUNCT
fbem-15390	295	1	these	these	DET
fbem-15390	295	2	risks	risk	NOUN
fbem-15390	295	3	also	also	ADV
fbem-15390	295	4	exert	exert	VERB
fbem-15390	295	5	significant	significant	ADJ
fbem-15390	295	6	societal	societal	ADJ
fbem-15390	295	7	consequences	consequence	NOUN
fbem-15390	295	8	.	.	PUNCT
fbem-15390	296	1	in	in	ADP
fbem-15390	296	2	the	the	DET
fbem-15390	296	3	event	event	NOUN
fbem-15390	296	4	that	that	SCONJ
fbem-15390	296	5	a	a	DET
fbem-15390	296	6	single	single	ADJ
fbem-15390	296	7	institution	institution	NOUN
fbem-15390	296	8	encounters	encounter	VERB
fbem-15390	296	9	difficulties	difficulty	NOUN
fbem-15390	296	10	,	,	PUNCT
fbem-15390	296	11	it	it	PRON
fbem-15390	296	12	has	have	VERB
fbem-15390	296	13	the	the	DET
fbem-15390	296	14	potential	potential	NOUN
fbem-15390	296	15	to	to	PART
fbem-15390	296	16	initiate	initiate	VERB
fbem-15390	296	17	a	a	DET
fbem-15390	296	18	"	"	PUNCT
fbem-15390	296	19	chain	chain	NOUN
fbem-15390	296	20	reaction	reaction	NOUN
fbem-15390	296	21	,	,	PUNCT
fbem-15390	296	22	"	"	PUNCT
fbem-15390	296	23	thereby	thereby	ADV
fbem-15390	296	24	propagating	propagate	VERB
fbem-15390	296	25	the	the	DET
fbem-15390	296	26	risk	risk	NOUN
fbem-15390	296	27	on	on	ADP
fbem-15390	296	28	a	a	DET
fbem-15390	296	29	broad	broad	ADJ
fbem-15390	296	30	scale	scale	NOUN
fbem-15390	296	31	.	.	PUNCT
fbem-15390	297	1	consequently	consequently	ADV
fbem-15390	297	2	,	,	PUNCT
fbem-15390	297	3	this	this	PRON
fbem-15390	297	4	can	can	AUX
fbem-15390	297	5	result	result	VERB
fbem-15390	297	6	in	in	ADP
fbem-15390	297	7	severe	severe	ADJ
fbem-15390	297	8	repercussions	repercussion	NOUN
fbem-15390	297	9	for	for	ADP
fbem-15390	297	10	both	both	CCONJ
fbem-15390	297	11	the	the	DET
fbem-15390	297	12	overall	overall	ADJ
fbem-15390	297	13	financial	financial	ADJ
fbem-15390	297	14	market	market	NOUN
fbem-15390	297	15	and	and	CCONJ
fbem-15390	297	16	society	society	NOUN
fbem-15390	297	17	as	as	ADP
fbem-15390	297	18	a	a	DET
fbem-15390	297	19	whole	whole	NOUN
fbem-15390	297	20	.	.	PUNCT
fbem-15390	298	1	furthermore	furthermore	ADV
fbem-15390	298	2	,	,	PUNCT
fbem-15390	298	3	it	it	PRON
fbem-15390	298	4	is	be	AUX
fbem-15390	298	5	anticipated	anticipate	VERB
fbem-15390	298	6	that	that	SCONJ
fbem-15390	298	7	the	the	DET
fbem-15390	298	8	future	future	ADJ
fbem-15390	298	9	financial	financial	ADJ
fbem-15390	298	10	regulatory	regulatory	ADJ
fbem-15390	298	11	framework	framework	NOUN
fbem-15390	298	12	will	will	AUX
fbem-15390	298	13	continue	continue	VERB
fbem-15390	298	14	to	to	PART
fbem-15390	298	15	evolve	evolve	VERB
fbem-15390	298	16	and	and	CCONJ
fbem-15390	298	17	enhance	enhance	VERB
fbem-15390	298	18	,	,	PUNCT
fbem-15390	298	19	prompting	prompt	VERB
fbem-15390	298	20	investors	investor	NOUN
fbem-15390	298	21	to	to	PART
fbem-15390	298	22	increasingly	increasingly	ADV
fbem-15390	298	23	prioritize	prioritize	VERB
fbem-15390	298	24	the	the	DET
fbem-15390	298	25	assessment	assessment	NOUN
fbem-15390	298	26	of	of	ADP
fbem-15390	298	27	risk	risk	NOUN
fbem-15390	298	28	-	-	PUNCT
fbem-15390	298	29	return	return	NOUN
fbem-15390	298	30	ratios	ratio	NOUN
fbem-15390	298	31	.	.	PUNCT
fbem-15390	299	1	one	one	NUM
fbem-15390	299	2	perspective	perspective	NOUN
fbem-15390	299	3	suggests	suggest	VERB
fbem-15390	299	4	that	that	SCONJ
fbem-15390	299	5	the	the	DET
fbem-15390	299	6	enhancement	enhancement	NOUN
fbem-15390	299	7	of	of	ADP
fbem-15390	299	8	regulatory	regulatory	ADJ
fbem-15390	299	9	bodies	body	NOUN
fbem-15390	299	10	will	will	AUX
fbem-15390	299	11	compel	compel	VERB
fbem-15390	299	12	institutions	institution	NOUN
fbem-15390	299	13	to	to	PART
fbem-15390	299	14	enhance	enhance	VERB
fbem-15390	299	15	their	their	PRON
fbem-15390	299	16	internal	internal	ADJ
fbem-15390	299	17	risk	risk	NOUN
fbem-15390	299	18	management	management	NOUN
fbem-15390	299	19	systems	system	NOUN
fbem-15390	299	20	and	and	CCONJ
fbem-15390	299	21	fortify	fortify	VERB
fbem-15390	299	22	their	their	PRON
fbem-15390	299	23	business	business	NOUN
fbem-15390	299	24	risk	risk	NOUN
fbem-15390	299	25	management	management	NOUN
fbem-15390	299	26	practices	practice	NOUN
fbem-15390	299	27	.	.	PUNCT
fbem-15390	300	1	however	however	ADV
fbem-15390	300	2	,	,	PUNCT
fbem-15390	300	3	it	it	PRON
fbem-15390	300	4	is	be	AUX
fbem-15390	300	5	important	important	ADJ
fbem-15390	300	6	to	to	PART
fbem-15390	300	7	note	note	VERB
fbem-15390	300	8	that	that	SCONJ
fbem-15390	300	9	investors	investor	NOUN
fbem-15390	300	10	will	will	AUX
fbem-15390	300	11	have	have	VERB
fbem-15390	300	12	elevated	elevate	VERB
fbem-15390	300	13	expectations	expectation	NOUN
fbem-15390	300	14	when	when	SCONJ
fbem-15390	300	15	it	it	PRON
fbem-15390	300	16	comes	come	VERB
fbem-15390	300	17	to	to	ADP
fbem-15390	300	18	investment	investment	NOUN
fbem-15390	300	19	risk	risk	NOUN
fbem-15390	300	20	management	management	NOUN
fbem-15390	300	21	.	.	PUNCT
fbem-15390	301	1	consequently	consequently	ADV
fbem-15390	301	2	,	,	PUNCT
fbem-15390	301	3	financial	financial	ADJ
fbem-15390	301	4	institutions	institution	NOUN
fbem-15390	301	5	will	will	AUX
fbem-15390	301	6	surely	surely	ADV
fbem-15390	301	7	strengthen	strengthen	VERB
fbem-15390	301	8	their	their	PRON
fbem-15390	301	9	risk	risk	NOUN
fbem-15390	301	10	management	management	NOUN
fbem-15390	301	11	capabilities	capability	NOUN
fbem-15390	301	12	in	in	ADP
fbem-15390	301	13	order	order	NOUN
fbem-15390	301	14	to	to	PART
fbem-15390	301	15	establish	establish	VERB
fbem-15390	301	16	a	a	DET
fbem-15390	301	17	distinct	distinct	ADJ
fbem-15390	301	18	competitive	competitive	ADJ
fbem-15390	301	19	edge	edge	NOUN
fbem-15390	301	20	.	.	PUNCT
fbem-15390	302	1	4.3	4.3	NUM
fbem-15390	302	2	.	.	PUNCT
fbem-15390	302	3	fintech	fintech	NOUN
fbem-15390	302	4	innovation	innovation	NOUN
fbem-15390	302	5	will	will	AUX
fbem-15390	302	6	become	become	VERB
fbem-15390	302	7	the	the	DET
fbem-15390	302	8	focus	focus	NOUN
fbem-15390	302	9	of	of	ADP
fbem-15390	302	10	digital	digital	ADJ
fbem-15390	302	11	finance	finance	NOUN
fbem-15390	302	12	the	the	DET
fbem-15390	302	13	conventional	conventional	ADJ
fbem-15390	302	14	financial	financial	ADJ
fbem-15390	302	15	sector	sector	NOUN
fbem-15390	302	16	has	have	AUX
fbem-15390	302	17	started	start	VERB
fbem-15390	302	18	to	to	PART
fbem-15390	302	19	gradually	gradually	ADV
fbem-15390	302	20	adjust	adjust	VERB
fbem-15390	302	21	to	to	ADP
fbem-15390	302	22	the	the	DET
fbem-15390	302	23	pace	pace	NOUN
fbem-15390	302	24	of	of	ADP
fbem-15390	302	25	digital	digital	ADJ
fbem-15390	302	26	finance	finance	NOUN
fbem-15390	302	27	development	development	NOUN
fbem-15390	302	28	,	,	PUNCT
fbem-15390	302	29	necessitating	necessitate	VERB
fbem-15390	302	30	the	the	DET
fbem-15390	302	31	expansion	expansion	NOUN
fbem-15390	302	32	of	of	ADP
fbem-15390	302	33	technological	technological	ADJ
fbem-15390	302	34	means	mean	NOUN
fbem-15390	302	35	to	to	PART
fbem-15390	302	36	offer	offer	VERB
fbem-15390	302	37	diverse	diverse	ADJ
fbem-15390	302	38	financial	financial	ADJ
fbem-15390	302	39	services	service	NOUN
fbem-15390	302	40	to	to	ADP
fbem-15390	302	41	various	various	ADJ
fbem-15390	302	42	stakeholders	stakeholder	NOUN
fbem-15390	302	43	.	.	PUNCT
fbem-15390	303	1	consequently	consequently	ADV
fbem-15390	303	2	,	,	PUNCT
fbem-15390	303	3	the	the	DET
fbem-15390	303	4	future	future	ADJ
fbem-15390	303	5	competition	competition	NOUN
fbem-15390	303	6	within	within	ADP
fbem-15390	303	7	the	the	DET
fbem-15390	303	8	digital	digital	ADJ
fbem-15390	303	9	financial	financial	ADJ
fbem-15390	303	10	market	market	NOUN
fbem-15390	303	11	is	be	AUX
fbem-15390	303	12	expected	expect	VERB
fbem-15390	303	13	to	to	PART
fbem-15390	303	14	intensify	intensify	VERB
fbem-15390	303	15	.	.	PUNCT
fbem-15390	304	1	in	in	ADP
fbem-15390	304	2	order	order	NOUN
fbem-15390	304	3	to	to	PART
fbem-15390	304	4	enhance	enhance	VERB
fbem-15390	304	5	their	their	PRON
fbem-15390	304	6	market	market	NOUN
fbem-15390	304	7	competitiveness	competitiveness	NOUN
fbem-15390	304	8	,	,	PUNCT
fbem-15390	304	9	digital	digital	ADJ
fbem-15390	304	10	financial	financial	ADJ
fbem-15390	304	11	institutions	institution	NOUN
fbem-15390	304	12	will	will	AUX
fbem-15390	304	13	inevitably	inevitably	ADV
fbem-15390	304	14	focus	focus	VERB
fbem-15390	304	15	on	on	ADP
fbem-15390	304	16	the	the	DET
fbem-15390	304	17	innovation	innovation	NOUN
fbem-15390	304	18	of	of	ADP
fbem-15390	304	19	digital	digital	ADJ
fbem-15390	304	20	financial	financial	ADJ
fbem-15390	304	21	services	service	NOUN
fbem-15390	304	22	and	and	CCONJ
fbem-15390	304	23	products	product	NOUN
fbem-15390	304	24	.	.	PUNCT
fbem-15390	305	1	moreover	moreover	ADV
fbem-15390	305	2	,	,	PUNCT
fbem-15390	305	3	financial	financial	ADJ
fbem-15390	305	4	science	science	NOUN
fbem-15390	305	5	and	and	CCONJ
fbem-15390	305	6	127	127	NUM
fbem-15390	305	7	technology	technology	NOUN
fbem-15390	305	8	innovation	innovation	NOUN
fbem-15390	305	9	plays	play	VERB
fbem-15390	305	10	a	a	DET
fbem-15390	305	11	crucial	crucial	ADJ
fbem-15390	305	12	role	role	NOUN
fbem-15390	305	13	in	in	ADP
fbem-15390	305	14	driving	drive	VERB
fbem-15390	305	15	the	the	DET
fbem-15390	305	16	advancement	advancement	NOUN
fbem-15390	305	17	of	of	ADP
fbem-15390	305	18	digital	digital	ADJ
fbem-15390	305	19	financial	financial	ADJ
fbem-15390	305	20	innovation	innovation	NOUN
fbem-15390	305	21	.	.	PUNCT
fbem-15390	306	1	the	the	DET
fbem-15390	306	2	role	role	NOUN
fbem-15390	306	3	of	of	ADP
fbem-15390	306	4	financial	financial	ADJ
fbem-15390	306	5	science	science	NOUN
fbem-15390	306	6	and	and	CCONJ
fbem-15390	306	7	technology	technology	NOUN
fbem-15390	306	8	innovation	innovation	NOUN
fbem-15390	306	9	is	be	AUX
fbem-15390	306	10	crucial	crucial	ADJ
fbem-15390	306	11	for	for	ADP
fbem-15390	306	12	the	the	DET
fbem-15390	306	13	transformation	transformation	NOUN
fbem-15390	306	14	and	and	CCONJ
fbem-15390	306	15	upgrading	upgrading	NOUN
fbem-15390	306	16	of	of	ADP
fbem-15390	306	17	financial	financial	ADJ
fbem-15390	306	18	institutions	institution	NOUN
fbem-15390	306	19	,	,	PUNCT
fbem-15390	306	20	as	as	SCONJ
fbem-15390	306	21	it	it	PRON
fbem-15390	306	22	provides	provide	VERB
fbem-15390	306	23	significant	significant	ADJ
fbem-15390	306	24	technical	technical	ADJ
fbem-15390	306	25	support	support	NOUN
fbem-15390	306	26	for	for	ADP
fbem-15390	306	27	the	the	DET
fbem-15390	306	28	growth	growth	NOUN
fbem-15390	306	29	of	of	ADP
fbem-15390	306	30	digital	digital	ADJ
fbem-15390	306	31	financial	financial	ADJ
fbem-15390	306	32	services	service	NOUN
fbem-15390	306	33	and	and	CCONJ
fbem-15390	306	34	product	product	NOUN
fbem-15390	306	35	innovation	innovation	NOUN
fbem-15390	306	36	.	.	PUNCT
fbem-15390	307	1	given	give	VERB
fbem-15390	307	2	the	the	DET
fbem-15390	307	3	expansive	expansive	ADJ
fbem-15390	307	4	potential	potential	NOUN
fbem-15390	307	5	of	of	ADP
fbem-15390	307	6	digital	digital	ADJ
fbem-15390	307	7	finance	finance	NOUN
fbem-15390	307	8	,	,	PUNCT
fbem-15390	307	9	it	it	PRON
fbem-15390	307	10	is	be	AUX
fbem-15390	307	11	imperative	imperative	ADJ
fbem-15390	307	12	for	for	SCONJ
fbem-15390	307	13	digital	digital	ADJ
fbem-15390	307	14	financial	financial	ADJ
fbem-15390	307	15	institutions	institution	NOUN
fbem-15390	307	16	to	to	PART
fbem-15390	307	17	capitalize	capitalize	VERB
fbem-15390	307	18	on	on	ADP
fbem-15390	307	19	the	the	DET
fbem-15390	307	20	opportunities	opportunity	NOUN
fbem-15390	307	21	presented	present	VERB
fbem-15390	307	22	by	by	ADP
fbem-15390	307	23	digitization	digitization	NOUN
fbem-15390	307	24	and	and	CCONJ
fbem-15390	307	25	intelligence	intelligence	NOUN
fbem-15390	307	26	.	.	PUNCT
fbem-15390	308	1	this	this	PRON
fbem-15390	308	2	entails	entail	VERB
fbem-15390	308	3	enhancing	enhance	VERB
fbem-15390	308	4	risk	risk	NOUN
fbem-15390	308	5	management	management	NOUN
fbem-15390	308	6	and	and	CCONJ
fbem-15390	308	7	supervision	supervision	NOUN
fbem-15390	308	8	,	,	PUNCT
fbem-15390	308	9	as	as	ADV
fbem-15390	308	10	well	well	ADV
fbem-15390	308	11	as	as	ADP
fbem-15390	308	12	consistently	consistently	ADV
fbem-15390	308	13	engaging	engage	VERB
fbem-15390	308	14	in	in	ADP
fbem-15390	308	15	financial	financial	ADJ
fbem-15390	308	16	technology	technology	NOUN
fbem-15390	308	17	innovation	innovation	NOUN
fbem-15390	308	18	.	.	PUNCT
fbem-15390	309	1	by	by	ADP
fbem-15390	309	2	doing	do	VERB
fbem-15390	309	3	so	so	ADV
fbem-15390	309	4	,	,	PUNCT
fbem-15390	309	5	the	the	DET
fbem-15390	309	6	objective	objective	NOUN
fbem-15390	309	7	of	of	ADP
fbem-15390	309	8	fostering	foster	VERB
fbem-15390	309	9	the	the	DET
fbem-15390	309	10	sound	sound	ADJ
fbem-15390	309	11	growth	growth	NOUN
fbem-15390	309	12	of	of	ADP
fbem-15390	309	13	the	the	DET
fbem-15390	309	14	digital	digital	ADJ
fbem-15390	309	15	financial	financial	ADJ
fbem-15390	309	16	industry	industry	NOUN
fbem-15390	309	17	can	can	AUX
fbem-15390	309	18	be	be	AUX
fbem-15390	309	19	achieved	achieve	VERB
fbem-15390	309	20	.	.	PUNCT
fbem-15390	310	1	simultaneously	simultaneously	ADV
fbem-15390	310	2	,	,	PUNCT
fbem-15390	310	3	in	in	ADP
fbem-15390	310	4	the	the	DET
fbem-15390	310	5	forthcoming	forthcoming	ADJ
fbem-15390	310	6	advancement	advancement	NOUN
fbem-15390	310	7	of	of	ADP
fbem-15390	310	8	digital	digital	ADJ
fbem-15390	310	9	finance	finance	NOUN
fbem-15390	310	10	,	,	PUNCT
fbem-15390	310	11	it	it	PRON
fbem-15390	310	12	is	be	AUX
fbem-15390	310	13	imperative	imperative	ADJ
fbem-15390	310	14	to	to	PART
fbem-15390	310	15	consistently	consistently	ADV
fbem-15390	310	16	strive	strive	VERB
fbem-15390	310	17	for	for	ADP
fbem-15390	310	18	novel	novel	ADJ
fbem-15390	310	19	advancements	advancement	NOUN
fbem-15390	310	20	and	and	CCONJ
fbem-15390	310	21	advances	advance	NOUN
fbem-15390	310	22	,	,	PUNCT
fbem-15390	310	23	particularly	particularly	ADV
fbem-15390	310	24	in	in	ADP
fbem-15390	310	25	enhancing	enhance	VERB
fbem-15390	310	26	the	the	DET
fbem-15390	310	27	oversight	oversight	NOUN
fbem-15390	310	28	and	and	CCONJ
fbem-15390	310	29	regulation	regulation	NOUN
fbem-15390	310	30	of	of	ADP
fbem-15390	310	31	financial	financial	ADJ
fbem-15390	310	32	hazards	hazard	NOUN
fbem-15390	310	33	,	,	PUNCT
fbem-15390	310	34	with	with	ADP
fbem-15390	310	35	the	the	DET
fbem-15390	310	36	aim	aim	NOUN
fbem-15390	310	37	of	of	ADP
fbem-15390	310	38	fostering	foster	VERB
fbem-15390	310	39	the	the	DET
fbem-15390	310	40	high	high	ADJ
fbem-15390	310	41	-	-	PUNCT
fbem-15390	310	42	caliber	caliber	NOUN
fbem-15390	310	43	development	development	NOUN
fbem-15390	310	44	of	of	ADP
fbem-15390	310	45	the	the	DET
fbem-15390	310	46	digital	digital	ADJ
fbem-15390	310	47	financial	financial	ADJ
fbem-15390	310	48	sector	sector	NOUN
fbem-15390	310	49	.	.	PUNCT
fbem-15390	311	1	acknowledgment	acknowledgment	NOUN
fbem-15390	311	2	1.the	1.the	DET
fbem-15390	311	3	results	result	NOUN
fbem-15390	311	4	of	of	ADP
fbem-15390	311	5	this	this	DET
fbem-15390	311	6	research	research	NOUN
fbem-15390	311	7	belong	belong	VERB
fbem-15390	311	8	to	to	ADP
fbem-15390	311	9	project	project	NOUN
fbem-15390	311	10	of	of	ADP
fbem-15390	311	11	universities	university	NOUN
fbem-15390	311	12	and	and	CCONJ
fbem-15390	311	13	medical	medical	ADJ
fbem-15390	311	14	institutions	institution	NOUN
fbem-15390	311	15	special	special	ADJ
fbem-15390	311	16	science	science	NOUN
fbem-15390	311	17	and	and	CCONJ
fbem-15390	311	18	technology	technology	NOUN
fbem-15390	311	19	program	program	NOUN
fbem-15390	311	20	of	of	ADP
fbem-15390	311	21	sanya"blockchain	sanya"blockchain	ADV
fbem-15390	311	22	-	-	PUNCT
fbem-15390	311	23	based	base	VERB
fbem-15390	311	24	distributed	distribute	VERB
fbem-15390	311	25	financial	financial	ADJ
fbem-15390	311	26	trust	trust	NOUN
fbem-15390	311	27	evaluation	evaluation	NOUN
fbem-15390	311	28	system	system	NOUN
fbem-15390	311	29	and	and	CCONJ
fbem-15390	311	30	operation	operation	NOUN
fbem-15390	311	31	mechanism	mechanism	NOUN
fbem-15390	311	32	research"(2021gxyl52	research"(2021gxyl52	PROPN
fbem-15390	311	33	)	)	PUNCT
fbem-15390	311	34	2.this	2.this	NUM
fbem-15390	311	35	study	study	NOUN
fbem-15390	311	36	also	also	ADV
fbem-15390	311	37	belong	belong	VERB
fbem-15390	311	38	to	to	ADP
fbem-15390	311	39	2022	2022	NUM
fbem-15390	311	40	philosophy	philosophy	NOUN
fbem-15390	311	41	and	and	CCONJ
fbem-15390	311	42	social	social	ADJ
fbem-15390	311	43	science	science	NOUN
fbem-15390	311	44	subjects	subject	NOUN
fbem-15390	311	45	of	of	ADP
fbem-15390	311	46	sanya	sanya	NOUN
fbem-15390	311	47	"	"	PUNCT
fbem-15390	311	48	research	research	NOUN
fbem-15390	311	49	on	on	ADP
fbem-15390	311	50	financial	financial	ADJ
fbem-15390	311	51	risk	risk	NOUN
fbem-15390	311	52	management	management	NOUN
fbem-15390	311	53	of	of	ADP
fbem-15390	311	54	free	free	ADJ
fbem-15390	311	55	trade	trade	NOUN
fbem-15390	311	56	port	port	NOUN
fbem-15390	311	57	under	under	ADP
fbem-15390	311	58	the	the	DET
fbem-15390	311	59	change	change	NOUN
fbem-15390	311	60	of	of	ADP
fbem-15390	311	61	digital	digital	ADJ
fbem-15390	311	62	economy	economy	NOUN
fbem-15390	311	63	"	"	PUNCT
fbem-15390	311	64	(	(	PUNCT
fbem-15390	311	65	sysk2022	sysk2022	PROPN
fbem-15390	311	66	-	-	PUNCT
fbem-15390	311	67	31	31	NUM
fbem-15390	311	68	)	)	PUNCT
fbem-15390	311	69	3.this	3.this	NUM
fbem-15390	311	70	research	research	NOUN
fbem-15390	311	71	is	be	AUX
fbem-15390	311	72	part	part	NOUN
fbem-15390	311	73	of	of	ADP
fbem-15390	311	74	the	the	DET
fbem-15390	311	75	2023	2023	NUM
fbem-15390	311	76	hainan	hainan	PROPN
fbem-15390	311	77	provincial	provincial	ADJ
fbem-15390	311	78	philosophy	philosophy	NOUN
fbem-15390	311	79	and	and	CCONJ
fbem-15390	311	80	social	social	ADJ
fbem-15390	311	81	science	science	NOUN
fbem-15390	311	82	planning	planning	NOUN
fbem-15390	311	83	project	project	NOUN
fbem-15390	311	84	,	,	PUNCT
fbem-15390	311	85	"	"	PUNCT
fbem-15390	311	86	research	research	NOUN
fbem-15390	311	87	on	on	ADP
fbem-15390	311	88	institutional	institutional	ADJ
fbem-15390	311	89	innovation	innovation	NOUN
fbem-15390	311	90	to	to	PART
fbem-15390	311	91	promote	promote	VERB
fbem-15390	311	92	the	the	DET
fbem-15390	311	93	high	high	ADJ
fbem-15390	311	94	-	-	PUNCT
fbem-15390	311	95	quality	quality	NOUN
fbem-15390	311	96	development	development	NOUN
fbem-15390	311	97	of	of	ADP
fbem-15390	311	98	hainan	hainan	PROPN
fbem-15390	311	99	's	's	PART
fbem-15390	311	100	real	real	ADJ
fbem-15390	311	101	economy	economy	NOUN
fbem-15390	311	102	through	through	ADP
fbem-15390	311	103	digital	digital	ADJ
fbem-15390	311	104	financial	financial	ADJ
fbem-15390	311	105	services	service	NOUN
fbem-15390	311	106	"	"	PUNCT
fbem-15390	311	107	(	(	PUNCT
fbem-15390	311	108	hnsk(qn)23	hnsk(qn)23	NOUN
fbem-15390	311	109	-	-	NOUN
fbem-15390	311	110	99	99	NUM
fbem-15390	311	111	)	)	PUNCT
fbem-15390	311	112	.	.	PUNCT
fbem-15390	312	1	4.this	4.this	NUM
fbem-15390	312	2	research	research	NOUN
fbem-15390	312	3	work	work	NOUN
fbem-15390	312	4	was	be	AUX
fbem-15390	312	5	supported	support	VERB
fbem-15390	312	6	by	by	ADP
fbem-15390	312	7	hainan	hainan	PROPN
fbem-15390	312	8	provincial	provincial	ADJ
fbem-15390	312	9	key	key	ADJ
fbem-15390	312	10	laboratory	laboratory	NOUN
fbem-15390	312	11	of	of	ADP
fbem-15390	312	12	philosophy	philosophy	NOUN
fbem-15390	312	13	and	and	CCONJ
fbem-15390	312	14	social	social	ADJ
fbem-15390	312	15	sciences	science	NOUN
fbem-15390	312	16	.	.	PUNCT
fbem-15390	313	1	references	reference	NOUN
fbem-15390	313	2	[	[	X
fbem-15390	313	3	1	1	NUM
fbem-15390	313	4	]	]	SYM
fbem-15390	313	5	min	min	PROPN
fbem-15390	313	6	,	,	PUNCT
fbem-15390	313	7	l.	l.	PROPN
fbem-15390	313	8	(	(	PUNCT
fbem-15390	313	9	2023	2023	NUM
fbem-15390	313	10	)	)	PUNCT
fbem-15390	313	11	.	.	PUNCT
fbem-15390	314	1	research	research	NOUN
fbem-15390	314	2	on	on	ADP
fbem-15390	314	3	supply	supply	NOUN
fbem-15390	314	4	chain	chain	NOUN
fbem-15390	314	5	finance	finance	NOUN
fbem-15390	314	6	security	security	NOUN
fbem-15390	314	7	strategy	strategy	NOUN
fbem-15390	314	8	in	in	ADP
fbem-15390	314	9	the	the	DET
fbem-15390	314	10	context	context	NOUN
fbem-15390	314	11	of	of	ADP
fbem-15390	314	12	the	the	DET
fbem-15390	314	13	digital	digital	ADJ
fbem-15390	314	14	economy	economy	NOUN
fbem-15390	314	15	.	.	PUNCT
fbem-15390	315	1	*	*	PUNCT
fbem-15390	315	2	national	national	ADJ
fbem-15390	315	3	circulation	circulation	NOUN
fbem-15390	315	4	economy	economy	NOUN
fbem-15390	315	5	*	*	PUNCT
fbem-15390	315	6	,	,	PUNCT
fbem-15390	315	7	(	(	PUNCT
fbem-15390	315	8	20	20	NUM
fbem-15390	315	9	)	)	PUNCT
fbem-15390	315	10	,	,	PUNCT
fbem-15390	315	11	153	153	NUM
fbem-15390	315	12	-	-	SYM
fbem-15390	315	13	156	156	NUM
fbem-15390	315	14	.	.	PUNCT
fbem-15390	316	1	doi:10.16834	doi:10.16834	NOUN
fbem-15390	316	2	/	/	SYM
fbem-15390	316	3	j.cnki.issn1009	j.cnki.issn1009	PROPN
fbem-15390	316	4	-	-	PROPN
fbem-15390	316	5	5292.2023.20.029	5292.2023.20.029	PROPN
fbem-15390	316	6	.	.	PUNCT
fbem-15390	317	1	[	[	X
fbem-15390	317	2	2	2	NUM
fbem-15390	317	3	]	]	X
fbem-15390	317	4	zhong	zhong	PROPN
fbem-15390	317	5	,	,	PUNCT
fbem-15390	317	6	h.	h.	PROPN
fbem-15390	317	7	,	,	PUNCT
fbem-15390	317	8	yu	yu	PROPN
fbem-15390	317	9	,	,	PUNCT
fbem-15390	317	10	m.	m.	NOUN
fbem-15390	317	11	,	,	PUNCT
fbem-15390	317	12	&	&	CCONJ
fbem-15390	317	13	yang	yang	PROPN
fbem-15390	317	14	.	.	PUNCT
fbem-15390	317	15	(	(	PUNCT
fbem-15390	317	16	2023	2023	NUM
fbem-15390	317	17	)	)	PUNCT
fbem-15390	317	18	.	.	PUNCT
fbem-15390	318	1	the	the	DET
fbem-15390	318	2	impact	impact	NOUN
fbem-15390	318	3	of	of	ADP
fbem-15390	318	4	central	central	ADJ
fbem-15390	318	5	bank	bank	NOUN
fbem-15390	318	6	digital	digital	ADJ
fbem-15390	318	7	currency	currency	NOUN
fbem-15390	318	8	on	on	ADP
fbem-15390	318	9	the	the	DET
fbem-15390	318	10	global	global	ADJ
fbem-15390	318	11	cross	cross	ADJ
fbem-15390	318	12	-	-	ADJ
fbem-15390	318	13	border	border	ADJ
fbem-15390	318	14	payment	payment	NOUN
fbem-15390	318	15	system	system	NOUN
fbem-15390	318	16	.	.	PUNCT
fbem-15390	319	1	*	*	PUNCT
fbem-15390	319	2	new	new	ADJ
fbem-15390	319	3	finance	finance	NOUN
fbem-15390	319	4	*	*	NOUN
fbem-15390	319	5	,	,	PUNCT
fbem-15390	319	6	(	(	PUNCT
fbem-15390	319	7	10	10	NUM
fbem-15390	319	8	)	)	PUNCT
fbem-15390	319	9	,	,	PUNCT
fbem-15390	319	10	44	44	NUM
fbem-15390	319	11	-	-	SYM
fbem-15390	319	12	50	50	NUM
fbem-15390	319	13	.	.	PUNCT
fbem-15390	320	1	[	[	X
fbem-15390	320	2	3	3	NUM
fbem-15390	320	3	]	]	SYM
fbem-15390	320	4	li	li	PROPN
fbem-15390	320	5	,	,	PUNCT
fbem-15390	320	6	w.	w.	PROPN
fbem-15390	320	7	,	,	PUNCT
fbem-15390	320	8	&	&	CCONJ
fbem-15390	320	9	wu	wu	PROPN
fbem-15390	320	10	,	,	PUNCT
fbem-15390	320	11	j.	j.	PROPN
fbem-15390	320	12	(	(	PUNCT
fbem-15390	320	13	2023	2023	NUM
fbem-15390	320	14	)	)	PUNCT
fbem-15390	320	15	.	.	PUNCT
fbem-15390	321	1	the	the	DET
fbem-15390	321	2	internal	internal	ADJ
fbem-15390	321	3	logic	logic	NOUN
fbem-15390	321	4	and	and	CCONJ
fbem-15390	321	5	legislative	legislative	ADJ
fbem-15390	321	6	progress	progress	NOUN
fbem-15390	321	7	of	of	ADP
fbem-15390	321	8	the	the	DET
fbem-15390	321	9	rule	rule	NOUN
fbem-15390	321	10	of	of	ADP
fbem-15390	321	11	law	law	NOUN
fbem-15390	321	12	in	in	ADP
fbem-15390	321	13	financial	financial	ADJ
fbem-15390	321	14	technology	technology	NOUN
fbem-15390	321	15	regulation	regulation	NOUN
fbem-15390	321	16	.	.	PUNCT
fbem-15390	322	1	*	*	PUNCT
fbem-15390	322	2	journal	journal	PROPN
fbem-15390	322	3	of	of	ADP
fbem-15390	322	4	northwestern	northwestern	PROPN
fbem-15390	322	5	university	university	NOUN
fbem-15390	322	6	(	(	PUNCT
fbem-15390	322	7	philosophy	philosophy	NOUN
fbem-15390	322	8	and	and	CCONJ
fbem-15390	322	9	social	social	ADJ
fbem-15390	322	10	science	science	NOUN
fbem-15390	322	11	edition	edition	NOUN
fbem-15390	322	12	)	)	PUNCT
fbem-15390	322	13	*	*	PUNCT
fbem-15390	322	14	,	,	PUNCT
fbem-15390	322	15	(	(	PUNCT
fbem-15390	322	16	06	06	NUM
fbem-15390	322	17	)	)	PUNCT
fbem-15390	322	18	,	,	PUNCT
fbem-15390	322	19	148	148	NUM
fbem-15390	322	20	-	-	SYM
fbem-15390	322	21	157	157	NUM
fbem-15390	322	22	.	.	PUNCT
fbem-15390	323	1	doi:10.16152	doi:10.16152	PROPN
fbem-15390	323	2	/	/	SYM
fbem-15390	323	3	j.cnki.xdxbsk.2023	j.cnki.xdxbsk.2023	PROPN
fbem-15390	323	4	-	-	PUNCT
fbem-15390	323	5	06	06	NUM
fbem-15390	323	6	-	-	PUNCT
fbem-15390	323	7	014	014	NUM
fbem-15390	323	8	.	.	PUNCT
fbem-15390	324	1	[	[	X
fbem-15390	324	2	4	4	NUM
fbem-15390	324	3	]	]	X
fbem-15390	324	4	ren	ren	PROPN
fbem-15390	324	5	,	,	PUNCT
fbem-15390	324	6	b.-p	b.-p	PROPN
fbem-15390	324	7	.	.	PUNCT
fbem-15390	324	8	,	,	PUNCT
fbem-15390	324	9	&	&	CCONJ
fbem-15390	324	10	miao	miao	PROPN
fbem-15390	324	11	,	,	PUNCT
fbem-15390	324	12	x.-y	x.-y	NOUN
fbem-15390	324	13	.	.	PUNCT
fbem-15390	325	1	(	(	PUNCT
fbem-15390	325	2	2023	2023	NUM
fbem-15390	325	3	)	)	PUNCT
fbem-15390	325	4	.	.	PUNCT
fbem-15390	326	1	construction	construction	NOUN
fbem-15390	326	2	logic	logic	NOUN
fbem-15390	326	3	,	,	PUNCT
fbem-15390	326	4	framework	framework	NOUN
fbem-15390	326	5	,	,	PUNCT
fbem-15390	326	6	and	and	CCONJ
fbem-15390	326	7	policy	policy	NOUN
fbem-15390	326	8	of	of	ADP
fbem-15390	326	9	monitoring	monitoring	NOUN
fbem-15390	326	10	and	and	CCONJ
fbem-15390	326	11	early	early	ADJ
fbem-15390	326	12	warning	warning	NOUN
fbem-15390	326	13	system	system	NOUN
fbem-15390	326	14	for	for	ADP
fbem-15390	326	15	china	china	PROPN
fbem-15390	326	16	's	's	PART
fbem-15390	326	17	digital	digital	ADJ
fbem-15390	326	18	economy	economy	NOUN
fbem-15390	326	19	development	development	NOUN
fbem-15390	326	20	.	.	PUNCT
fbem-15390	327	1	*	*	PUNCT
fbem-15390	327	2	southeast	southeast	ADJ
fbem-15390	327	3	academic	academic	NOUN
fbem-15390	327	4	*	*	SYM
fbem-15390	327	5	,	,	PUNCT
fbem-15390	327	6	1	1	NUM
fbem-15390	327	7	-	-	SYM
fbem-15390	327	8	13	13	NUM
fbem-15390	327	9	.	.	PUNCT
fbem-15390	327	10	doi:10.13658	doi:10.13658	PROPN
fbem-15390	327	11	/	/	SYM
fbem-15390	328	1	j.cnki.sar.20231018.003	j.cnki.sar.20231018.003	NOUN
fbem-15390	328	2	.	.	PUNCT
fbem-15390	329	1	[	[	X
fbem-15390	329	2	5	5	NUM
fbem-15390	329	3	]	]	SYM
fbem-15390	329	4	yu	yu	PROPN
fbem-15390	329	5	,	,	PUNCT
fbem-15390	329	6	p.	p.	NOUN
fbem-15390	329	7	(	(	PUNCT
fbem-15390	329	8	2023	2023	NUM
fbem-15390	329	9	)	)	PUNCT
fbem-15390	329	10	.	.	PUNCT
fbem-15390	330	1	financial	financial	ADJ
fbem-15390	330	2	data	datum	NOUN
fbem-15390	330	3	risks	risk	NOUN
fbem-15390	330	4	and	and	CCONJ
fbem-15390	330	5	response	response	NOUN
fbem-15390	330	6	strategies	strategy	NOUN
fbem-15390	330	7	in	in	ADP
fbem-15390	330	8	the	the	DET
fbem-15390	330	9	age	age	NOUN
fbem-15390	330	10	of	of	ADP
fbem-15390	330	11	the	the	DET
fbem-15390	330	12	digital	digital	ADJ
fbem-15390	330	13	economy	economy	NOUN
fbem-15390	330	14	.	.	PUNCT
fbem-15390	331	1	*	*	PUNCT
fbem-15390	331	2	mall	mall	NOUN
fbem-15390	331	3	modernisation	modernisation	NOUN
fbem-15390	331	4	*	*	PUNCT
fbem-15390	331	5	,	,	PUNCT
fbem-15390	331	6	(	(	PUNCT
fbem-15390	331	7	17	17	NUM
fbem-15390	331	8	)	)	PUNCT
fbem-15390	331	9	,	,	PUNCT
fbem-15390	331	10	65	65	NUM
fbem-15390	331	11	-	-	SYM
fbem-15390	331	12	67	67	NUM
fbem-15390	331	13	.	.	PUNCT
fbem-15390	331	14	doi:10.14013	doi:10.14013	PROPN
fbem-15390	331	15	/	/	SYM
fbem-15390	331	16	j.cnki.scxdh.2023.17.012	j.cnki.scxdh.2023.17.012	PROPN
fbem-15390	331	17	.	.	PUNCT
fbem-15390	332	1	[	[	X
fbem-15390	332	2	6	6	NUM
fbem-15390	332	3	]	]	X
fbem-15390	332	4	wei	wei	PROPN
fbem-15390	332	5	,	,	PUNCT
fbem-15390	332	6	y.	y.	PROPN
fbem-15390	332	7	f.	f.	PROPN
fbem-15390	332	8	(	(	PUNCT
fbem-15390	332	9	2023	2023	NUM
fbem-15390	332	10	)	)	PUNCT
fbem-15390	332	11	.	.	PUNCT
fbem-15390	333	1	development	development	NOUN
fbem-15390	333	2	dilemma	dilemma	NOUN
fbem-15390	333	3	and	and	CCONJ
fbem-15390	333	4	innovation	innovation	NOUN
fbem-15390	333	5	path	path	NOUN
fbem-15390	333	6	of	of	ADP
fbem-15390	333	7	interest	interest	NOUN
fbem-15390	333	8	rate	rate	NOUN
fbem-15390	333	9	marketisation	marketisation	NOUN
fbem-15390	333	10	in	in	ADP
fbem-15390	333	11	hainan	hainan	PROPN
fbem-15390	333	12	free	free	PROPN
fbem-15390	333	13	trade	trade	NOUN
fbem-15390	333	14	port	port	NOUN
fbem-15390	333	15	.	.	PUNCT
fbem-15390	334	1	*	*	PUNCT
fbem-15390	334	2	hainan	hainan	PROPN
fbem-15390	334	3	finance	finance	PROPN
fbem-15390	334	4	*	*	PROPN
fbem-15390	334	5	,	,	PUNCT
fbem-15390	334	6	(	(	PUNCT
fbem-15390	334	7	08	08	NUM
fbem-15390	334	8	)	)	PUNCT
fbem-15390	334	9	,	,	PUNCT
fbem-15390	334	10	48	48	NUM
fbem-15390	334	11	-	-	SYM
fbem-15390	334	12	55	55	NUM
fbem-15390	334	13	.	.	PUNCT
fbem-15390	335	1	[	[	X
fbem-15390	335	2	7	7	NUM
fbem-15390	335	3	]	]	SYM
fbem-15390	335	4	yang	yang	PROPN
fbem-15390	335	5	,	,	PUNCT
fbem-15390	335	6	m.	m.	NOUN
fbem-15390	335	7	(	(	PUNCT
fbem-15390	335	8	2023	2023	NUM
fbem-15390	335	9	,	,	PUNCT
fbem-15390	335	10	july	july	PROPN
fbem-15390	335	11	7	7	NUM
fbem-15390	335	12	)	)	PUNCT
fbem-15390	335	13	.	.	PUNCT
fbem-15390	336	1	digital	digital	ADJ
fbem-15390	336	2	technology	technology	NOUN
fbem-15390	336	3	has	have	AUX
fbem-15390	336	4	become	become	VERB
fbem-15390	336	5	a	a	DET
fbem-15390	336	6	new	new	ADJ
fbem-15390	336	7	driving	driving	NOUN
fbem-15390	336	8	force	force	NOUN
fbem-15390	336	9	for	for	ADP
fbem-15390	336	10	the	the	DET
fbem-15390	336	11	development	development	NOUN
fbem-15390	336	12	of	of	ADP
fbem-15390	336	13	the	the	DET
fbem-15390	336	14	financial	financial	ADJ
fbem-15390	336	15	industry	industry	NOUN
fbem-15390	336	16	.	.	PUNCT
fbem-15390	337	1	*	*	PUNCT
fbem-15390	337	2	futures	future	NOUN
fbem-15390	337	3	daily	daily	ADV
fbem-15390	337	4	*	*	SYM
fbem-15390	337	5	,	,	PUNCT
fbem-15390	337	6	002	002	NUM
fbem-15390	337	7	.	.	PUNCT
fbem-15390	338	1	[	[	X
fbem-15390	338	2	8	8	NUM
fbem-15390	338	3	]	]	SYM
fbem-15390	338	4	yu	yu	PROPN
fbem-15390	338	5	,	,	PUNCT
fbem-15390	338	6	t.	t.	PROPN
fbem-15390	338	7	,	,	PUNCT
fbem-15390	338	8	&	&	CCONJ
fbem-15390	338	9	luo	luo	PROPN
fbem-15390	338	10	,	,	PUNCT
fbem-15390	338	11	l.	l.	PROPN
fbem-15390	338	12	(	(	PUNCT
fbem-15390	338	13	2023	2023	NUM
fbem-15390	338	14	)	)	PUNCT
fbem-15390	338	15	.	.	PUNCT
fbem-15390	339	1	risk	risk	NOUN
fbem-15390	339	2	identification	identification	NOUN
fbem-15390	339	3	,	,	PUNCT
fbem-15390	339	4	prevention	prevention	NOUN
fbem-15390	339	5	and	and	CCONJ
fbem-15390	339	6	control	control	NOUN
fbem-15390	339	7	of	of	ADP
fbem-15390	339	8	the	the	DET
fbem-15390	339	9	construction	construction	NOUN
fbem-15390	339	10	of	of	ADP
fbem-15390	339	11	hainan	hainan	PROPN
fbem-15390	339	12	free	free	PROPN
fbem-15390	339	13	trade	trade	NOUN
fbem-15390	339	14	port	port	NOUN
fbem-15390	339	15	.	.	PUNCT
fbem-15390	340	1	*	*	PUNCT
fbem-15390	340	2	journal	journal	PROPN
fbem-15390	340	3	of	of	ADP
fbem-15390	340	4	hainan	hainan	PROPN
fbem-15390	340	5	university	university	PROPN
fbem-15390	340	6	(	(	PUNCT
fbem-15390	340	7	humanities	humanity	NOUN
fbem-15390	340	8	and	and	CCONJ
fbem-15390	340	9	social	social	ADJ
fbem-15390	340	10	sciences	science	NOUN
fbem-15390	340	11	edition	edition	NOUN
fbem-15390	340	12	)	)	PUNCT
fbem-15390	341	1	*	*	PUNCT
fbem-15390	341	2	,	,	PUNCT
fbem-15390	341	3	1	1	NUM
fbem-15390	341	4	-	-	SYM
fbem-15390	341	5	9	9	NUM
fbem-15390	341	6	.	.	PUNCT
fbem-15390	341	7	doi:10.15886	doi:10.15886	PROPN
fbem-15390	341	8	/	/	SYM
fbem-15390	341	9	j.cnki.hnus.202208.0313	j.cnki.hnus.202208.0313	PROPN
fbem-15390	341	10	.	.	PUNCT
fbem-15390	342	1	[	[	X
fbem-15390	342	2	9	9	NUM
fbem-15390	342	3	]	]	SYM
fbem-15390	342	4	hou	hou	NOUN
fbem-15390	342	5	,	,	PUNCT
fbem-15390	342	6	y.	y.	PROPN
fbem-15390	342	7	,	,	PUNCT
fbem-15390	342	8	&	&	CCONJ
fbem-15390	342	9	wei	wei	PROPN
fbem-15390	342	10	,	,	PUNCT
fbem-15390	342	11	w.	w.	PROPN
fbem-15390	342	12	(	(	PUNCT
fbem-15390	342	13	2022	2022	NUM
fbem-15390	342	14	)	)	PUNCT
fbem-15390	342	15	.	.	PUNCT
fbem-15390	343	1	study	study	NOUN
fbem-15390	343	2	on	on	ADP
fbem-15390	343	3	promoting	promote	VERB
fbem-15390	343	4	the	the	DET
fbem-15390	343	5	establishment	establishment	NOUN
fbem-15390	343	6	of	of	ADP
fbem-15390	343	7	a	a	DET
fbem-15390	343	8	financial	financial	ADJ
fbem-15390	343	9	system	system	NOUN
fbem-15390	343	10	compatible	compatible	ADJ
fbem-15390	343	11	with	with	ADP
fbem-15390	343	12	a	a	DET
fbem-15390	343	13	highlevel	highlevel	ADJ
fbem-15390	343	14	free	free	ADJ
fbem-15390	343	15	trade	trade	NOUN
fbem-15390	343	16	port	port	NOUN
fbem-15390	343	17	in	in	ADP
fbem-15390	343	18	hainan	hainan	PROPN
fbem-15390	343	19	.	.	PUNCT
fbem-15390	344	1	*	*	PUNCT
fbem-15390	344	2	china	china	PROPN
fbem-15390	344	3	investment	investment	NOUN
fbem-15390	344	4	(	(	PUNCT
fbem-15390	344	5	in	in	ADP
fbem-15390	344	6	english	english	PROPN
fbem-15390	344	7	and	and	CCONJ
fbem-15390	344	8	chinese	chinese	PROPN
fbem-15390	344	9	)	)	PUNCT
fbem-15390	344	10	*	*	PUNCT
fbem-15390	344	11	(	(	PUNCT
fbem-15390	344	12	zb	zb	NOUN
fbem-15390	344	13	)	)	PUNCT
fbem-15390	344	14	,	,	PUNCT
fbem-15390	344	15	82	82	NUM
fbem-15390	344	16	-	-	SYM
fbem-15390	344	17	83	83	NUM
fbem-15390	344	18	.	.	PUNCT
fbem-15390	345	1	[	[	X
fbem-15390	345	2	10	10	NUM
fbem-15390	345	3	]	]	X
fbem-15390	345	4	zhang	zhang	PROPN
fbem-15390	345	5	,	,	PUNCT
fbem-15390	345	6	f.	f.	PROPN
fbem-15390	345	7	(	(	PUNCT
fbem-15390	345	8	2022	2022	NUM
fbem-15390	345	9	)	)	PUNCT
fbem-15390	345	10	.	.	PUNCT
fbem-15390	346	1	financial	financial	ADJ
fbem-15390	346	2	openness	openness	NOUN
fbem-15390	346	3	to	to	PART
fbem-15390	346	4	help	help	VERB
fbem-15390	346	5	the	the	DET
fbem-15390	346	6	construction	construction	NOUN
fbem-15390	346	7	of	of	ADP
fbem-15390	346	8	hainan	hainan	PROPN
fbem-15390	346	9	free	free	PROPN
fbem-15390	346	10	trade	trade	PROPN
fbem-15390	346	11	harbour	harbour	NOUN
fbem-15390	346	12	:	:	PUNCT
fbem-15390	346	13	current	current	ADJ
fbem-15390	346	14	progress	progress	NOUN
fbem-15390	346	15	,	,	PUNCT
fbem-15390	346	16	challenges	challenge	NOUN
fbem-15390	346	17	and	and	CCONJ
fbem-15390	346	18	in	in	ADP
fbem-15390	346	19	-	-	PUNCT
fbem-15390	346	20	depth	depth	NOUN
fbem-15390	346	21	promotion	promotion	NOUN
fbem-15390	346	22	.	.	PUNCT
fbem-15390	347	1	*	*	PUNCT
fbem-15390	347	2	journal	journal	PROPN
fbem-15390	347	3	of	of	ADP
fbem-15390	347	4	hainan	hainan	PROPN
fbem-15390	347	5	university	university	PROPN
fbem-15390	347	6	(	(	PUNCT
fbem-15390	347	7	humanities	humanity	NOUN
fbem-15390	347	8	and	and	CCONJ
fbem-15390	347	9	social	social	ADJ
fbem-15390	347	10	sciences	science	NOUN
fbem-15390	347	11	edition	edition	NOUN
fbem-15390	347	12	)	)	PUNCT
fbem-15390	347	13	*	*	PUNCT
fbem-15390	347	14	,	,	PUNCT
fbem-15390	347	15	(	(	PUNCT
fbem-15390	347	16	04	04	NUM
fbem-15390	347	17	)	)	PUNCT
fbem-15390	347	18	,	,	PUNCT
fbem-15390	347	19	56	56	NUM
fbem-15390	347	20	-	-	SYM
fbem-15390	347	21	64	64	NUM
fbem-15390	347	22	.	.	PUNCT
fbem-15390	348	1	doi:10.15886	doi:10.15886	NOUN
fbem-15390	348	2	/	/	SYM
fbem-15390	348	3	j.cnki.hnus.202112.0803	j.cnki.hnus.202112.0803	PROPN
fbem-15390	348	4	.	.	PUNCT
