The ESA’s 2019 Joint Report on Regulatory Sandboxes and Innovation Hubs

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The European Banking Authority (EBA) and more recently its sister European Supervisory Authorities (ESAs) have used 2018 to accelerate their further policymaking or delivery of actions that flow from various “FinTech Action Plans” as well as their multi-annual supervisory priorities. This Client Alert assess the ESA’s Joint Report as the most definitive policymaking recommendation to date and a clear call to create a harmonized and EU-wide framework for regulatory sandboxes and innovation hubs.

Please see full Alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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