New ACPR survey on the digital revolution in the financial sector
The Autorité de contrôle prudentiel et de résolution (ACPR) publishes the findings of its survey on the digital revolution in the French banking and insurance sectors. The ACPR reports that French financial institutions have introduced a host of initiatives aimed at taking up the challenges of the digital revolution and particularly at improving their customer relations framework, modernising their information systems and boosting their innovative capacity. Given the magnitude of these challenges and the rapid pace of change, the ACPR calls on French institutions to now structure and intensify these efforts in order to achieve far-reaching transformation while ensuring the mitigation of emerging risks.
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- Published on 03/20/2018
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