Challenges and opportunities in the US, UK and Europe -
"Many Fintechs that previously avoided bank-like regulation in the US are now actively seeking that status."
The digital revolution was well underway long before most...more
11/17/2021
/ Banking Sector ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Digital Services ,
EU ,
Financial Services Industry ,
FinTech ,
Licenses ,
Popular ,
Sandbox ,
Technology Sector ,
UK
As technology reshapes the banking industry, regulators are rising to the challenge.
Digitalization is at the forefront of the challenges facing the banking industry as it undergoes a period of unprecedented upheaval....more
12/21/2019
/ Apple ,
Artificial Intelligence ,
Banking Sector ,
Big Tech ,
Citibank ,
Cyber Attacks ,
Cyber Crimes ,
Digital Goods ,
European Banking Authority (EBA) ,
European Central Bank ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Agencies ,
Financial Services Industry ,
FinTech ,
Google ,
Market Participants ,
Mobile Apps ,
Mobile Payments ,
Outsourcing
On 18 July 2019 the European Banking Authority (EBA) published a report on the EU regulatory perimeter, national regulatory status and EU national regulators' (NCAs') authorisation approaches for FinTech firms conducting...more
7/25/2019
/ Banking Sector ,
Capital Requirements Directive IV (CRDIV) ,
Crowdfunding ,
Cryptoassets ,
Electronic Payment Transactions ,
EMD2 ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
FinTech ,
NCAs ,
Payment Services Directive ,
Popular ,
PSD2 ,
Regulatory Oversight
On 12 July 2019 the European Securities and Markets Authority (ESMA) reported on the status of FinTech firm licensing regimes across the EU, based on two ESMA surveys of EU national competent authorities (NCAs). ESMA's report...more
7/17/2019
/ Crowdfunding ,
Cryptoassets ,
Cybersecurity ,
Distributed Ledger Technology (DLT) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
FinTech ,
Initial Coin Offering (ICOs) ,
Innovation Hubs ,
Licensing Rules ,
MiFID II ,
NCAs ,
Outsourcing ,
Popular ,
Sandbox
New guidelines reflect the rise of outsourcing by financial institutions in a new era of disintermediation and technological change.
In February 2019, the European Banking Authority (EBA) published its final guidelines on...more
7/8/2019
/ EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
Financial Regulatory Agencies ,
FinTech ,
Germany ,
Harmonization Rules ,
Outsourcing ,
Payment Services Directive ,
Payment Systems ,
Risk Management ,
Third-Party Service Provider
On 9 January 2019, the European Banking Authority (EBA)1 and the European Securities and Markets Authority (ESMA)2 published two reports with their advice on cryptoassets for the European Commission (EC) (and in ESMA's case,...more
1/15/2019
/ Anti-Money Laundering ,
Cryptocurrency ,
CSDR ,
Digital Currency ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
FinTech ,
Initial Coin Offering (ICOs) ,
MiFID II ,
Risk Management ,
Securities ,
Virtual Currency