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EBA: Opens consultation on RegTech

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  • Launched a RegTech industry survey to invite all relevant stakeholders, such as financial institutions and ICT third party providers
  • The aim of the survey is to better understand the ongoing activity in this area, raise awareness on RegTech within the regulatory
  • The EBA is also seeking ways to facilitate the adoption and scale up of RegTech solutions across the EU whilst acknowledging
  • Feedback from financial institutions and ICT third party providers is essential to better understand the extent
  • EBA is focusing in particular on (i) mapping and understanding the existing RegTech solutions; (ii) identifying the main barriers
  • The aim of this mandate is to contribute to the establishment of a common European approach towards technological innovation
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