Fintech regulation in the European Union: trends and blurred lines

Autor: Janika Aben, Paula Etti
Jazyk: Spanish; Castilian
Rok vydání: 2022
Předmět:
Zdroj: Revista CIDOB d'Afers Internacionals, Iss 131, Pp 95-113 (2022)
Druh dokumentu: article
ISSN: 1133-6595
2013-035X
DOI: 10.24241/rcai.2022.131.2.95/en
Popis: Digitalisation, innovative financial services technologies and new business models hope for borderless markets. Financial technology (Fintech) is looking to be another player in this market. In order to increase the integrity of the EU common market and the size of its capital market, new legislative initiatives have been designed to level the playing field for all participants and to rethink the traditional concepts of capital flows and instruments and the risks associated with opening the capital market up to new participants. Financial services like crowdfunding platforms are transforming the services concept, while the risks associated with the digital operations of financial services place the entire digital finance world on the same level. In this context, this paper examines the EU's efforts to create a seamless legal environment.
Databáze: Directory of Open Access Journals