Towards A More Digital Europe

1. The Digital Finance Package

By means of the adoption on 24^th September 2020 of the Digital Finance Package (the "Package"), the European Commission (the "Commission") points out that digital technologies represent a key for relaunching and modernising the European economy, paving the way for becoming a global digital player.

The Package includes:

(i) a communication on a digital finance strategy (the "Digital Finance Strategy");

(ii) a communication on a retail payments strategy (the "Retail Payments Strategy");

(iii) a proposal for a regulation on digital operational resilience for the financial sector (the "Legislative Proposal on digital operational resilience"); and