Date: 8th October 2020

BETTER FINANCE welcomes the ECON’s legislative own-initiative report on Digital Finance assessing the regulatory and supervisory challenges on the digital financial market in order to guarantee a resilient digital financial system.

BETTER FINANCE believes that the EC should attempt to better coordinate the parallel consultations (Mifid II, Digital Finance Strategy, Sustainable finance Strategy) – as they concern the same domain – and provide uniform solutions, thereby avoiding the “silo” approach infamous for EU financial regulation.