EU Lawmakers Urge Common Crypto-Supervision For Fintech

Law360, London (September 14, 2020, 11:52 AM BST) -- A European parliamentary committee has called for a common monitoring and supervision framework for crypto-assets to be included in the European Union's plan for the financial technology sector.

A European parliamentary committee has said it wants to see a common European model for supervising crypto-assets. (AP Photo/Jean-Francois Badias) Members of the economic and monetary affairs committee want to see a common European model with a crucial role for the European Supervisory Authorities, known as ESAs, according to a statement from Parliament.

The MEPs focused on crypto-assets in their recommendation to the commission and pointed to financial crime.

"They point to regulatory...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!