Flashnews: New measures on digital finance


The process of the AIFMD review started on 10 January 2019 with the publication by the European Commission of KPMG report* on AIFMD.

This new measure consists of:

1- A general strategy on digital finance.
2- Two legislative proposals on crypto-assets:

  • A legislative proposal concerning crypto-assets not currently covered by the regulations (stable coins, utility tokens, etc.)
  • A legislative proposal on the pilot scheme which allows temporary derogations from the existing rules in order to gain experience on distributed ledger technology;

3- A directive and regulation on operational resilience and supervision of third-party service providers (cloud, etc.).

It is also accompanied by a strategy on retail payments.


Useful links:

23 September 2020 : Article AIFMD Review: the process is ongoing
03 September 2020 : Article The settlement disciplines regime (CSDR): A likely short-lived date
26 August 2020: Article The settlement disciplines regime (CSDR): A likely short-lived date
28 July 2020: Article CSDR: Could the implementation of the future settlement discipline regime be pushed back by a year?
03 July 2020: Podcast CSDR: Get ready