EBA Report on the Regulation of FinTech Activities

The European Banking Authority (EBA) has published its EBA Report on Regulatory perimeter, regulatory status and authorisation approaches in relation to FinTech activities of 18 July 2019 describing the regulatory framework applicable to fintech firms when accessing the market. The report sets out the EBA’s findings from an analysis of national developments on the regulatory perimeter for fintech activities and services, the national regulatory status of fintech firms and the authorisation approaches of national competent authorities (NCAs)…

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Report on Regulatory Sandboxes and Innovation Hubs

The European Supervisory Authorities (ESAs, i.e. EBA, EIOPA and ESMA) have published the attached Report – FinTech: Regulatory sandboxes and innovation hubs, JC 2018 74 of 7 January 2019 under Article 9(4) of each ESA Regulation and following the Commission’s March 2018 FinTech Action Plan that mandates the ESAs to carry out an analysis of innovation facilitators and to identify best practices. The report contains a comparative analysis of the innovation facilitators established to date in…

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European Banking Authority (EBA) Reports on Fintech

On July 5th Eva Maydell was appointed the European Parliament rapporteur on the Regulation on Charges on cross-border payments in the Union and currency conversion charges. In this context, she is committed to hearing the opinion of all stakeholders and plans to organise public discussions in fall.  The EBA has published the attached EBA Report on the Impact of Fintech on Incumbent Credit Institutions’ Business models of 3 July 2018 and the attached EBA Report on the Prudential Risks and…

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