European Commission issues Digital Finance Package

On Thursday 24 September 2020, the European Commission (EC) issued a Digital Finance Package, which includes:

1. A Digital Finance Strategy;
2. A Retail Payments Strategy;
3. Legislative proposals on crypto-assets;
4. Legislative proposals on digital operational resilience.

The Digital Finance Strategy sets out how the EU will support the digital transformation of finance in the coming years, while regulating its risks. Further information can be accessed on the Malta Financial Services Authority website.