IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-42347-6_4.html
   My bibliography  Save this book chapter

European Approaches to Fintech: The Role of Regulation and the Evolution of Supervision

In: FinTech Regulation

Author

Listed:
  • Valerio Lemma

    (Marconi University)

Abstract

This chapter clarifies the European approach to financial innovation. In order to outline the common features of the regulatory approach across Europe, it highlights the interventions of EU institutions. Focus on the current rules outlines that, apart from the efforts in the European Commission’s Action Plan on FinTech, a uniform legal framework applicable to fintech has not yet been established in either the European Union or the G20’s countries. Indeed, EU regulator does not approach fintech as a new industry, so the role of the European Central Bank will ensure that fintechers are properly authorized and have in place ‘risk control frameworks’. In addition, this chapter considers evidence from Switzerland, showing that an advanced democracy should enact the principles of freedom, independence and self-determination.

Suggested Citation

  • Valerio Lemma, 2020. "European Approaches to Fintech: The Role of Regulation and the Evolution of Supervision," Springer Books, in: FinTech Regulation, chapter 0, pages 143-243, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-42347-6_4
    DOI: 10.1007/978-3-030-42347-6_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-42347-6_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.