The first few weeks of summer 2017 have seen several EU institutional and policy developments important for BIIA, concerning both the general work of the EU institutions and specific policy dossiers affecting the credit reporting industry.
As of 1 July 2017, Estonia took over the rotating presidency of the EU Council for the next six months, and its legislative and policy priorities include Digital Single Market, free movement of data, and strengthening the European economy where a strong focus will be on the EU Capital Markets Union. In addition, as of July 2017, the EU has a new Commissioner for Commissioner for Digital Economy and Society – Bulgarian politician and former MEP Mariya Gabriel. As regards the policy and legislative dossiers relevant for our industry, noteworthy are the developments related to the Capital Markets Union Action Plan, Data Protection, AnaCredit, the EBA Report on innovative uses of consumer data in the financial sector, Fintech and Cybersecurity, reported in this newsletter.
As visitors of the BIIA website will already know, Fintech is one of the key themes of our 2017 Biennial Conference. We would encourage you to register to attend the conference to hear about how Fintech is challenging the credit ecosystem. To view the program and register click on these links!
To download the newsletter, please click on this link: BIIA Monthly EU Regulatory Newletter 140717
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