EU regulators prioritize AI and tokenization in 2027 oversight plans
The European Securities and Markets Authority (ESMA) announced that AI and tokenization will be key regulatory focus areas starting in 2027, targeting supervised entities' core client-facing applications rather than back-office functions. The initiative, part of the "Innovation and Investor Protection" program, aims to enhance regulatory oversight and ensure robust governance and customer protection measures.
Summaries are written by AI from the original article. Not investment advice.