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Archive » May 2021 » Regulatory initiatives for FinTech: the Italian and European framework

Regulatory initiatives for FinTech: the Italian and European framework

Alessandra Perrazzelli
May 2021 - n. 5
Keywords: FinTech, regolamentazione, Banca d'Italia
Jel codes: O33, G21, G28

The digitization of rules and processes is a challenge for Italy and is one of the two pillars of the National Recovery and Resilience Plan. The opening of new channels of dialogue with the market and the use of innovative tools will offer Italian regulators and authorities the opportunity to anticipate and guide the ongoing transformations, ensuring stability and security so that the digital development of the market and its rules takes place in a sustainable way. Reconciling the protection of rights with new technologies, as seek the Commission’s recent proposals on data governance and artificial intelligence, is a step in the right direction to promote public confidence in innovation and to ensure the values and principles of the European legal system.

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