Hit TV series Westworld features a futuristic theme park filled with synthetic humanoids programmed to act out specific roles in a story. The show asks the ethical question: should the synths be treated like humans?

European financial authorities are grappling with their own synthetic conundrum. Should balance sheet synthetic securitisations be treated like other, cash deals? Specifically, should they qualify for a regulatory label designed for high-quality securitisations, which lowers the