Backed by the EBRD, a new venture capital fund from Revo Capital Management has overcome global market turbulence to raise funding for investments aimed at companies in Turkey and Central and South Eastern Europe.
Update: The European AI Policy Conference is postponed due to the coronavirus. There will be a video webinar on Wednesday, March 25 from 11:00 to 12:00 PM CEST on “European AI Priorities Over the Next 6 Months.”
The European AI Policy Conference is a high-level forum to connect stakeholders working to promote AI in Europe, showcase advances in AI, and promote AI policies supporting its development to EU policymakers and thought leaders.
Update: the event will be open for remote participation only.
Now in its 18th consecutive year, the European Financial Services Conference is widely considered as the major event in the Brussels calendar on financial services, annually attracting some 400 senior bankers and financial policymakers to discuss the most pertinent issues affecting European and global financial markets. Hosted by Accenture, Barclays, Bloomberg and Kreab, the 2020 edition will look at embracing change in a time of uncertainty.
Update: This event has been postponed.
Discussion points include:
- FinTech, blockchain, AI … How do new digital trends and new technology solutions shape the payment landscape?
- Data sharing and open banking – opportunities and challenges.
- How do we prevent fraud and security threats in the connected world?
- How is digitalization changing competition?
- Does the regulatory changes help or hamper the digital transformation?
Update: In order to prevent or delay the spread of the Corona Virus (COVID19), and following Commission-wide advice, the Directorate General for Financial Stability, Financial Services and Capital Markets Union has decided to postpone the event.
The objectives of the workshop organised by the European Commission are to promote the development of the Green FinTech ecosystem in Europe, interact with stakeholders to better understand use cases and market developments and discuss innovative ideas for the European Commission’s Renewed Sustainable Finance and Digital Finance Strategies.
Update: this event has been cancelled due to the global concern regarding the spread of the coronavirus.
The European Investment Bank is hosting again this year the European Venture Debt Summit which will address the following topics:
- the current state of the European venture capital and venture debt markets
- European Venture Capital funds and their attitude towards venture debt product
- the role of European Private banks and alternative venture debt providers
Update: this event will be available for remote participation only.
This meeting is intended for representatives of financial institutions, pension funds and financial market infrastructure providers. The intention is to allow access to a balanced representation of stakeholders per sub-sector of the financial market. The meeting will offer the opportunity to discuss the work on standard contractual clauses for cloud use by financial institutions with the Commission and its legal team.
The European Securities and Markets Authority (ESMA), the EU’s securities regulator, today publishes the first Trends, Risks and Vulnerabilities (TRV) report of 2020. ESMA identifies continued high risks and a weaker economic outlook as markets remain highly sensitive to geopolitical events. The risk outlook is stable, however risks are high, particularly in the securities markets and for retail investors.
At the EIT Digital Artificial Intelligence (AI) event in Kista (Sweden), workshop participants will discuss the latest trends in AI within Wellbeing, Retail and Finance, followed by workshops focussing on collaboration opportunities for companies, organisations and researchers with EIT Digital’s support.
The Council today adopted a set of rules to facilitate detection of tax fraud in cross-border e-commerce transactions.
The new measures will enable member states to collect, in a harmonised way, the records made electronically available by payment service providers, such as banks. In addition, a new central electronic system will be set up for the storage of the payment information and for the further processing of this information by national anti-fraud officials.
This EU Committee Briefing will discuss the role played by Fintech in creating a European Digital single market, and include the intervention of Jan Ceyssens, Head of Unit at DG FISMA, for a preview of the Commission’s plan for Fintech regulation and what this means for businesses.
MEPs on Wednesday asked the European Central Bank to step up its green credentials and address growing financial technology challenges.
The European Insurance and Occupational Pensions Authority (EIOPA) has published its strategies for cyber underwriting and supervisory technology, or SupTech. The strategies reflect strategic priorities and respond to the evolving insurance landscape, in particular related to digital technology.
Operational risks are related to losses that could result from inadequate or failed internal processes, improper business practices, systems failures or from external events. Representing a significant portion of total bank risks, operational risks are currently second only to credit risks as a source of losses. Measuring and understanding operational risks, including cyber risks, is critical for both banks and public authorities.