The document discusses how FinTech is a catalyst for change in the financial sector. It outlines how FinTech impacts products, business models, and the structure of the financial sector. The EBA aims to regulate FinTech through a technologically neutral approach that promotes financial stability, consumer protection, and combats financial crime while providing clarity to firms and a consistent international approach. The EBA bridges industry and regulators through reports, guidelines, and an innovation forum to facilitate FinTech priorities over 2019-2020.

1. FinTech: A catalyst for change in the financial sector
Elisabeth Noble, Senior Policy Expert, EBA
Digital Finance Summit, November 2019

2. Access to FinTech
2
Partnering
with third
parties
Acquisitions
Investments Collaboration

3. Impact of FinTech
3
Products and services
Business models
Structure of the financial sector

4. 1. Regulation
2. Supervisory practices
3. Culture
The EBA’s approach
4
Technological
neutrality
Scalability
Contributing to
financial
stability
Protecting
consumers and
investors
Mitigating risks
of financial
crime
Safeguarding
the internal
market
Promoting a
consistent and
sound
approach
internationally
Providing
clarity to firms

5. Delivering in practice
5
Bridging industry, supervisors and regulators
Thematic reports Guidelines
Advice &
Opinions:
Legislative
improvements
Innovation
facilitators
European
Forum for
Innovation
Facilitators

6. EBA thematic priorities 2019-20
6

7. EUROPEAN BANKING AUTHORITY
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