European Commission Consultation on FinTech
Published: 24 April 2017
The European Commission has launched a public consultation seeking feedback on the impact of fintech on the financial industry. The consultation covers a wide range of topics but among these are a few interesting ones, including:
* Risk management and oversight in relation to automated financial advice and execution
* Cybersecurity requirements
* Transparency in relations to fintechs and non-bank financing
* Potential current regulatory obstacles to the use of distributed ledger technology (DLT) in financial services
The deadline to answer to this consultation in 15 June 2017. If you have any questions regarding this consultation, please contact Marie Adelaide de Nicolay.