On 24 September 2020, the European Commission unveiled its Digital Finance Package. The package covers 5 key areas:
1 Digital finance strategy (DFS)
2 Retail payments strategy (RPS)
3 Draft Regulation Of Crypto-assets (MiCA)
4 Pilot regime for market infrastructures based on distributed ledger technology (DLT)
5 Digital operational resilience / cloud computing (DORA)
Our International Finance and Financial Regulation Group have reviewed the package and have summarised their key findings below.
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Should you have any questions about the above, please do not hesitate to contact one of the members of the Bird & Bird global payments team.
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