The ACPR and the Banque responded to the Fintech consultation of the European Commission for a more competitive and innovative European financial sector.

This consultation aims to receive the opinions and propositions in order to better involve the Commission in terms of technological innovations in the financial services. The Commission is looking to identify the impact of new technologies on European financial services, as much from a financial services providers as from consumers’ point of view, and if the regulation and the supervision are suited for technological innovation in accordance with its three fundamental principles: technological neutrality, proportionality and integrity. Please find the content of Banque de France’s and AMF’s response here :