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.
For more information, click here.
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.