The objective of this session is to provide the audience with an overview of digitalisation trends in finance and of their policy implications.
This session will first discuss the main on-going trends in terms of digitalisation in the financial sector, the expected future developments and the related opportunities and challenges for financial market players and their customers. The panel will also assess whether EU digital policies set out an appropriate framework for accelerating the digitalisation of the EU financial sector and mitigating the related risks and whether the regulatory and supervisory approaches need to further evolve to support these changes.
Points of discussion
- How is digitalization progressing in the financial sector? What are the key drivers and are new trends emerging? What are the main impacts of digitalization on the financial market structure and value chains? What are the related opportunities and challenges and does digitalisation create new risks?
- Do existing financial regulations and the digital policies being developed provide an appropriate framework for supporting the growing digitalisation of the EU financial sector? Is the balance right between risk mitigation and innovation in these frameworks? Are further evolutions needed in the regulatory approach to tackle the changes in the financial market structure and value chains driven by digitalisation? Does supervision need to evolve to support the digitalisation of the financial sector?