Digital Finance Platform - Launch of phase II data hub
This online event launched the second phase of the Digital Finance Platform, took stock of the current state of play of digital finance, and the way ahead.
The online event followed on from an earlier series of digital finance outreach events starting in 2020, which focused on fintech and digital innovation in the financial sector and aimed to present, inform and shape the EU digital finance strategy. It also followed the launch event for the platform in 2022. Following the organisation of a pan-European Hackathon for Ukraine, the winner was awarded the prize of working on the reconstruction of Ukraine and helping Ukrainian fintechs in the framework of the country’s EU pre-accession negotiations.
Since then, the legal acts related to crypto-assets and Distributed Ledger Technology (MiCA, DLT Pilot) and operational resilience (DORA) have now entered into force. Proposals on the digital euro and open finance (FIDA) were adopted in June 2023.
As a last important deliverable under this mandate, the Digital Finance Platform is entering into its second phase, which includes the introduction of the Data Hub.
The objective of the Data Hub is to encourage financial supervisors and innovative firms to work together through data sharing. This feature will provide to participating firms access to synthetic supervisory data to test new solutions and train AI/ML models.
The purpose of the online forum was to promote the visibility of our work – in particular the work of the Digital Finance Platform – and to take stock, with stakeholders, of the state of play of digital finance.
We are expecting an audience made up of representatives from national authorities, European organisations, financial institutions, market infrastructures, and other financial services providers.
No registration was needed for this event.
The online forum was webstreamed and open to everyone.
Watch the recording of the workshop
The password to watch the recording is TmKFeAW3
