On Wednesday 17 May, the European Parliament adopted a report aiming to encourage the European Union to do more to support the development of financial technology, by 544 votes to 107 with 14 abstentions.
The plenary vote made no changes to the proposals to the European Commission, calling for more cooperation between the national supervision authorities throughout the EU and stressing the importance of a 'one-stop shop' regulatory model for service providers in the field of financial...