This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Big Data benefits outweigh risks, EU financial agencies say

( March 15, 2018, 13:59 GMT | Official Statement) -- MLex: Implementing Big Data in the financial services sector will create more opportunities than risks, EU authorities have found. Three institutions that oversee the EU's financial sector, known collectively as the European Supervisory Authorities, say Big Data will allow for more tailored products and services, while many potential risks will be mitigated by existing legislation. The ESAs believe that legislative intervention at this point would be premature. They will continue to monitor the progress of the innovation.The statement is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections