Welcome to the twelfth monthly newsletter designed to keep BIIA members informed of the significant developments on the policy dossiers being worked on in Europe. To download the newsletter, please click on this link: BIIA Monthly EU Regulatory Newletter 100417

SUMMARY

In March and in the first week of April 2017, the EU Institutions and bodies accelerated their work on several EU regulatory and policy dossiers relevant for BIIA. In particular, dedicated events were organised on such BIIA priority dossiers as Data Protection, SME Access to Finance, and Financial Technology.  Specifically some of our members expressed an interest in the outcome of the FabLab workshop organised by the Article 29 Working Party (WP29), which is covered in this newsletter.

The European Commission also completed its consultation on the Capital Markets Union Mid-Term Review and launched a public consultation on Financial Technology, which is expected to result in significant work for EU institutions, industry and other stakeholders in the coming months, in order to shape an EU policy approach to this topic.

In the field of Big Data, the European Parliament adopted an own-initiative report on the fundamental rights implication of Big Data. Finally, the European Commission published its Action Plan on Retail Financial Services, which includes policy actions on creditworthiness assessment and data sharing in the context of cross-border lending.

If you have any questions please feel free to contact Neil Munroe, the author of our regulatory newsletters.  Neil can be reached at: neilm@crsinsights.com

Copyright © BIIA 2017 – For Member Internal Use Only – To Request Permission to Publish Contact: Neil Munroe at neilm@crsinsights.com