EBA responds to the European Commission public consultation on FinTech

The European Banking Authority (EBA) submitted today its response to the European Commission's Public Consultation on FinTech : a more competitive and innovative European financial sector Document on Retail Financial Services. In the response, the EBA conveys its views on a subset of the Commission's questions, and focuses on the work the EBA has done so far on FinTech. Separately, the EBA is currently developing a Discussion Paper on FinTech issues that fall more into the EBA's remit and will publish its views in the coming months.