The European Securities and Markets Authority (ESMA) is seeking feedback from stakeholders on three principal issues related to developments in digital finance:

1 - Increasing fragmentation or non-integrated value chains, arising from new entrants and different models of service delivery that may introduce new risks and challenges

2 - Digital platform use and exposure to diverse risks including financial stability, investor protection, data protection and money laundering / terrorist financing

3 - Emergence of new risks in relation to groups with mixed-activities (financial and non-financial)

The thirty-three question call for evidence remains open for feedback until Aug 1, 2021.