#DigitalFinance – Commission holds closing pan-European conference following outreach events

| June 24, 2020

The European Commission hosted the closing conference of the 2020 Digital Finance Outreach (DFO) event in Brussels on 23 June. This conference was the final in a series of 19 national events organized together with member states, which took place from February to June 2020. More than two thousand participants in the areas of Fintech and digital innovation in the financial sector took part. These events have provided an opportunity to gather views of key stakeholders in digital finance from across the EU. They have also helped to create awareness about the Commission’s ongoing and forthcoming work on digital finance.

An Economy that Works for People Executive Vice-President Valdis Dombrovskis said in his keynote speech: “To stay ahead of the game and compete globally, Europe must make the most of digital opportunities. Digital is the future of finance. We have been gathering many views and ideas on how we can best harness of the innovative potential of digital finance. Embracing digital finance and making it mainstream will also help to create jobs and economic growth for Europe as our countries recover from the coronavirus pandemic. At the same time, we need to continue regulating and supervising risks appropriately. Strong regulation and supervision are key to preserving trust in finance, both for traditional and for new players. ”

A full press release is available here

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