FIN.

EBA FinTech report published

The EBA has analysed the regulatory landscape for FinTech firms, both in terms of activities around the regulatory perimeter and within authorisation.  The report sets out the findings of this analysis, including consideration of the approaches being taken by regulators to applications for authorisation.

Overall the EBA found no need for further action, but noted that they may carry out additional monitoring and analysis in relation to light touch initial capital requirement regimes for new FinTech credit institutions.

Emma Radmore