The main objective of this workshop is to discuss potential implications of BigTechs’ activities in the EU financial sector. This workshop aims to delve into the multifaceted aspects of BigTechs’ influence, particularly focusing on their direct (and indirect) provision of financial services in the EU, potential dependencies on BigTechs for FI’s innovation in AI and Cloud, implications stemming from their role as critical third party ICT service providers, their role as gatekeepers and beyond.
The participation in person is encouraged, with the possibility of online participation (observation only).
Findings from the EFIF’s BigTech monitoring survey,
Discussion on potential channels and indicators for monitoring systemic dependencies on BigTechs,
Discussion on potential challenges related to policy and supervisory response, and needed interactions with supervisors beyond the financial sector (e.g. consumer protection and competition authorities),
An illustrative case study to explore various aspects in detail.