Digital Transformation of the Financial Services Sector – Where Are We Heading & How Fast Are We Going?

Digitalization is reshaping the finance industry, as evolving consumer expectations and new technologies combine to change the delivery of services, the form of products, and even the assets themselves.

Digital transformation in the financial sector is driven by major changes in business processes and practices, and methodologies when it come to the delivery of financial service. Doing this effectively and in compliance with all the regulations can be very challenging.

The EU Digital Finance Package has underlined the importance of digital transformation in the financial services industry. US regulators are also watching closely the developments and provide rules for strengthening consumer security safeguards, preventing unlawful use of financial services, as well as mitigating the buildup of risks.

Our experts will discuss the legal and regulatory challenges facing financial institutions in Europe and the U.S. as they try to adapt to the increasing pace of change and enhance their digital service offering.

AGENDA:
•  Digital Transformation in Financial Services – the Evolving EU & US Regulatory Approaches
•  The EU’s digital finance package – what does it mean?
•  EU regulation of markets in crypto-assets
•  Cyber-risks and digital resilience requirements for financial institutions
•  The EU’s retail payments review and open banking in Europe
•  The U.S. Presidential Executive Order on Digital Assets – what does it mean?
•  US regulatory approach to cyber-risk management by financial institutions
•  Open banking – is the US the next frontier?

SPEAKERS:
• Marcy Sharon Cohen, Managing Director and Chief Legal Officer, ING
• Liam Flynn, Partner & Co-Head of Financial Regulation, MASON HAYES & CURRAN
• Neel Maitra, Partner – Fintech and Financial Services, WILSON SONSINI
• Feargal O’Sullivan, Founder & CEO, USAM GROUP [Moderator]

TIME:
8:30 – 9:00 AM Check in | 9:00 – 10:00 AM Program | 10:00 – 10:30 AM Networking

REGISTRATION FEE:
EACCNY Members: Free
EACCNY non-Members: Free

COVID PROTOCOL:
Proof of Covid-19 vaccination is required to attend.