The EU Digital Finance Platform is a
project initially led by the European Commission. They are aiming at enhancing
communication between Fintech companies and supervisors. The website’s resonating mission is
to counter fragmentation and contribute in the massive growth of digitalization for the Single
Market.
What is the
Single Market about?
Since many
readers do not dive deeper in learning the terminologies of the digital finance
world, we ought to provide more details in order to get a proper understanding
of this EU innovation. The single market is, to European e-commerce, a
tool of social cohesion as it consists of granting a free movement of products
and services, funds and persons in an internal market. The drill is simple, the
Single Market would allow you to trade and make deals without any legal,
bureaucratic and technicality barriers.
Now with a
clearer knowledge of the Single Market, the importance of launching this EU Digital
Finance Platform is high. Hence,
at launch, the website will consist of two main sections. One will aim at
providing an interactive space for users while the other is more about gaining
access to the supervisors and to information about a variety of subjects
related to the project. So, come and join this European Commission initiative while it is still being
tested and be part of the digital change!
Credit: EU/Flickr/ Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND
2.0)
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| A logo which represents the social cohesion of the European nations |
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