Fulfilling its mandate under the European Commission's FinTech Action Plan to map the current authorization and licensing approaches for innovative FinTech business models in Europe, the European Banking Authority has published a report on the regulatory perimeter, regulatory status and authorization of FinTech activities under its remit, in particular the banking, payment services and electronic money services sectors. The European Securities and Markets Authority published its related report on July 12, 2019.
The report sets out the outcome of the EBA's analysis of the areas and discusses future steps that the EBA will be taking to address any identified issues, a summary of which is provided here.
View the EBA's report.
View details of the EBA's report on crypto-assets.
View details of ESMA's FinTech report.
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