Enrique Velasquez, the new ACCIS Secretary General, shared their manifesto on big data and fintech. His highlights are below:
"These are our industry's key requests to policy-makers:
- Enforce ‘same services, same rules’ principle;
- Expand the credit data set: make more comprehensive credit data pools and data access available across the EU;
- Promote an EU-wide regulatory and supervisory approach to Big Data and FinTech using innovative frameworks such as 'regulatory sandboxes'.
The document was prepared as our contribution to the policy discussions that have taken place in Brussels in the past months.
In fact, the European Commission is presenting its long-awaited FinTech Action Plan today [7 March 2018]."