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European regulation update: fintech and blockchain
European regulation update: fintech and blockchain
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European regulation update: fintech and blockchain

30/06/2017

Focus on the latest European regulatory developments

Fintech & Blockchain

 

On 17 May 2017, the European Union (EU) Parliament has adopted an own-initiative resolution on the influence of technology on the future of the financial sector. The resolution calls on the EU Commission to develop an action plan to enable new and innovative technologies to develop in the framework of the Capital Markets Union and Digital Single Market. It also outlines key priorities such as:

  • Cybersecurity and data protection
  • Interoperability and passporting of fintech services within the EU
  • Providing a level playing field for traditional companies and start-ups;
  • Controlled experimentation with new technologies and fostering financial education and IT skills. 

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