The EU Politics behind FinTech regulation post-Brexit

The digital revolution is irreversibly changing the way we live, but also the way we interact with political and financial institutions which, in turn, have a huge level of control over our lives. Political institutions shape the laws that we need to follow, while financial institutions control the credit and the money without which we are stuck.

At VoteWatch Europe we use information technology to empower citizens politically, by providing the tools to scrutinise how our representatives make EU policies on our behalf. Financial Technologies (FinTechs), on the other hand, empower citizens economically, by providing us easy access to credit and international money markets. This brings a revolution on the credit market, a revolution in which everything is at stake. The big question is: how are our political institutions planning to regulate FinTechs now that the UK, the main FinTechs hub, will leave the Union?