MEPs are pleased that the Commission has committed to an early finalisation of its Action Plan on Fintech, but stress the measures must get the balance right between innovation and consumer protection. They want a common European model and see a key role for the ESAs. The report highlights the need for a common approach to cyber resilience in the financial sector.
MEPs call for action on FinTech
Two colleagues working on new global financial strategy plan using tablet and laptop.Modern business team innovation concept.Project meeting at office with virtual graph and chart data interface.