This session will discuss how the use of new technologies is progressing in securities market activities, their impacts on the provision of financial services in the securities markets and whether EU digital policies, notably those proposed in the EU Digital Finance Package, set out the main actions needed for accelerating the digitalisation of these activities, while mitigating the potential risks associated with these evolutions.
Points of discussion
- How is the use of new technologies (e.g. cloud services, AI, DLT…) progressing in EU securities markets? What are the opportunities associated with these developments for financial institutions, their customers and the CMU at large? What are the potential issues associated with new technology applications in securities market and what obstacles may hinder their uptake?
- Do EU digital finance policies such as the Digital Finance Package provide an appropriate framework for supporting the uptake of new technologies and leveraging their use in EU securities markets? Do these measures raise any concern? Are any additional measures needed?