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ESMA makes digital innovation a supervisory priority
Original: ESMA sets digital innovation as supervisory priority
The European Securities and Markets Authority has named digital innovation as one of its supervisory priorities, signalling closer regulatory attention to how financial firms adopt new technologies, including areas such as digital finance and potentially crypto-related services. The move indicates EU markets regulators intend to focus scrutiny on innovation-driven risks alongside traditional conduct and disclosure concerns in the period ahead.
Why now: EU financial regulators are under pressure to keep pace with rapid technological change in markets, making ESMA's supervisory agenda newsworthy for firms and policymakers.
European Securities and Markets Authority (ESMA)European Union
Evidence
- ESMA sets digital innovation as supervisory priority · Global Government Finance
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