[PDF] Rethinking The Right To Data Portability In The Transition From Open Banking To Open Finance In The Eu eBook

Author : José Daniel Sánchez Quiñones
Publisher : Editora Dialética
Page : 81 pages
File Size : 25,60 MB
Release : 2024-05-28
Category : Business & Economics
ISBN : 6527027370

GET BOOK

Amidst the transition from Open Banking to Open Finance across the European Union (EU), this insightful book delves into how individuals' control over their data is impacted. With Open Banking reshaping data sharing, the EU seeks to extend this model to sectors like insurance through Open Finance. The research examines how this shift affects the Right to Data Portability (RDP), giving users the ability to manage and transfer their data among financial service providers. Through qualitative analysis, it clarifies the dynamics between RDP, Open Banking, and Open Finance. Chapters trace the regulatory evolution, explore standardization efforts like the 'SEPA API Access Scheme', and address challenges such as defining data categories and legal processing grounds. The book advocates for a user-centric approach to Open Finance regulation, emphasizing trust and privacy in the digital financial landscape. Texto de contracapa: Amidst the transition from Open Banking to Open Finance across the European Union (EU), this insightful book delves into how individuals' control over their data is impacted. With Open Banking reshaping data sharing, the EU seeks to extend this model to sectors like insurance through Open Finance. The research examines how this shift affects the Right to Data Portability (RDP), giving users the ability to manage and transfer their data among financial service providers. Through qualitative analysis, it clarifies the dynamics between RDP, Open Banking, and Open Finance. Chapters trace the regulatory evolution, explore standardization efforts like the 'SEPA API Access Scheme', and address challenges such as defining data categories and legal processing grounds. The book advocates for a user-centric approach to Open Finance regulation, emphasizing trust and privacy in the digital financial landscape.

Author : Eduardo Pereira
Publisher : Editora Dialética
Page : 341 pages
File Size : 11,33 MB
Release : 2024-08-12
Category : Technology & Engineering
ISBN : 6527037333

GET BOOK

The emergence of unconventional oil and gas extraction, known as the "shale revolution", since 2008 has fundamentally reshaped the global energy sector. This revolution, driven by technological advancements in hydraulic fracturing and horizontal drilling, has unlocked vast reserves of oil and gas previously deemed inaccessible. Despite challenges like the COVID-19 pandemic, fluctuating oil prices, and growing environmental concerns, unconventional resources continue to play a pivotal role in shaping energy policies worldwide. This book delves deeply into the transformative impact of unconventional resources on international energy markets and policies, providing a comprehensive analysis of their significance. Written by over 20 experts in oil and gas law, the book offers a rich, multidisciplinary perspective. It covers topics that are "horizontal" and cut across various jurisdictions, providing a comparative approach that spans 11 different countries, including the USA, Canada, Argentina, Brazil, Colombia, Mexico, the UK, Algeria, Libya, China, and Germany. This extensive analysis ensures a broad understanding of the global landscape of unconventional resources. Main themes include: · Global Impact: Unconventional resources have not only transformed the United States into a leading oil and gas producer but have also significantly influenced energy strategies worldwide. Countries across North America, South America, Europe, and Asia have adopted various strategies to harness these resources, reshaping the global energy market. · Policy Considerations: Key policy issues addressed in the book include the environmental and social impacts of unconventional resource extraction. Topics such as water management, the coexistence of drilling operations with other land uses, and the social implications of resource extraction are thoroughly examined. · Legal Framework: The book explores the complex legal landscape governing unconventional operations, delves into stakeholder dynamics, regulatory frameworks, and the intricacies of legal provisions that vary from one jurisdiction to another. · Geographical Analysis: In its second part, the book provides an in-depth analysis of specific country regulations. This section offers comparative insights into the regulatory approaches of eleven countries, highlighting both common challenges and unique strategies. The book concludes by exploring lessons learned and future perspectives within the framework of the energy trilemma—balancing energy security, environmental sustainability, and economic affordability. It emphasizes the transformative impact of unconventional resources on energy independence and security, while also addressing the contentious environmental considerations that accompany such developments. Overall, this book aims to equip readers with a comprehensive understanding of the legal and regulatory landscape surrounding unconventional oil and gas resources. By examining global experiences and diverse regulatory frameworks, it seeks to inform decision-making processes and promote sustainable development in the unconventional energy sector. The book benefits from critical analyses and comparative descriptive reviews of each country's unique approach, making it an invaluable resource for policymakers, industry professionals, and scholars alike.

Author : Eduardo Visconti
Publisher : Editora Dialética
Page : 66 pages
File Size : 46,45 MB
Release : 2024-08-30
Category : Law
ISBN : 6527032161

GET BOOK

elecommunication piracy in Latin America is a complex issue with significant economic, legal, and social dimensions. This book provides a comprehensive analysis of the problem, highlighting the unique challenges faced by developing countries in the telecommunications sector. Our research offers a new perspective on the economic impacts, legal frameworks, and potential solutions to this pervasive issue. Part 1: The Economics of Telecommunication Piracy in Latin America The first section explores the economic drivers of telecommunication piracy. High service prices, low incomes, and the perception of telecommunications as a luxury item contribute to the prevalence of piracy. Part 2: How Criminal Law Can Act as a Catalyst for Economic Changes The second section addresses the legal aspects of telecommunication piracy. In developing countries, many people view piracy as a harmless crime affecting only multinational companies. We explore the role of legal actions in raising the costs for pirates and influencing consumer behavior. Part 3: Conclusion and Possible Solutions The final section synthesizes the insights from the economic and legal analyses, presenting solutions to telecommunication piracy in Latin America. We propose strategies for multinational corporations, governments, and local entities to collaborate in creating a more equitable and sustainable telecommunications market.

Author :
Publisher :
Page : 0 pages
File Size : 37,60 MB
Release : 2023
Category :
ISBN :

GET BOOK

Open banking allows users to access financial information and services through consent-based data portability. This paper brings together the views of private and public experts from a wide variety of countries to explore opportunities and challenges of open banking for financial regulation, privacy protection, and competition. It discusses the different approaches taken by jurisdictions across the globe, and the importance of regulation and standards. While open banking empowers users in sharing and re-using their data across digital services, online platforms, sectors and borders, uncertainty in the interactions with data protection and privacy regimes remains challenging. This paper informs OECD work to consider how cross-sectoral cooperation between financial, competition and data protection authorities could help further open banking.

Author : Massimo Preziuso
Publisher :
Page : 0 pages
File Size : 11,21 MB
Release : 2023
Category :
ISBN :

GET BOOK

In the European Union (EU), the revised Payment Services Directive (PSD2) aims to provide more convenient and customized financial products through open banking (OB) platforms. However, little attention has been paid to the role of OB in improving the financial well-being of the growing number of the EU's underserved groups, which currently constitute approximately a quarter of its population. This study examines how the PSD2 and OB impact inclusive finance in the EU based on the perspectives of the Netherlands' ecosystem, one of the leaders in the EU's financial technology (FinTech) landscape. A fundamental distinction can be drawn between the OB users and the ecosystem's players. Regarding the impact of financial services on the users' inclusivity, while the PSD2 strengthens the infrastructure necessary for financial inclusion, many challenges remain, mainly because it was not designed for this purpose. This study identifies several areas of improvement that include adjustments to the know your customer (KYC) and anti-money laundering (AML) processes for underserved customers, innovative ways to communicate the PSD2's potential, and the regulation of technology providers' activities to build trust. Meanwhile, from the ecosystem's position, there is a need to strengthen and improve microfinance regulation according to the opportunities provided by the PSD2 to support microfinance institutions (MFIs) in scaling up and reaching underserved clients across borders with innovative services. OB improvements can also be achieved by organizations formed by MFIs and FinTechs in collaboration with banks. Such hybrid institutions will combine the best features of each of them: knowledge of the needs of local underserved clients from MFIs, technological innovations from FinTechs, and large and trusted customer bases, infrastructures, and access to institutional investments and governments from banks. Finally, an EU inclusive OB sector depends on the centrality of trusted regulators as coordination bodies.

Author :
Publisher :
Page : 0 pages
File Size : 24,22 MB
Release : 2023
Category :
ISBN : 9789278433994

GET BOOK

This report is the first in a series of four that aims to establish a standard methodology for open data impact assessments that can be used across Europe. This exercise is key because a consistent definition of the impact of open data does not exist. The lack of a robust, conceptual foundation has made it more difficult for data portals to demonstrate their value through empirical evidence. It also challenges the EU's ability to understand and compare performance across Member States. Most academic articles that look to explore the impact of data refer to existing open data frameworks, with the open data maturity (ODM) and open data barometer (ODB) ones most frequently represented. These two frameworks distinguish between different kinds of impact, and both mention social, political and economic impacts in particular. The ODM also includes the environmental impact in its framework. Sometimes, these frameworks diverge from the European Commission's own recommendations of how best to measure impact, as explained in specific sections of the better regulation guidelines and the better regulation toolbox. They help to answer a critical question for policymakers: do the benefits provided outweigh the costs of assembling and distributing (open) data? Future reports in this series will further explore how to better align existing frameworks, such as the ODM, with these critically important guidelines.

Author : Mr.Yan Carriere-Swallow
Publisher : International Monetary Fund
Page : 50 pages
File Size : 23,46 MB
Release : 2019-09-23
Category : Computers
ISBN : 1513514814

GET BOOK

This SPR Departmental Paper will provide policymakers with a framework for studying changes to national data policy frameworks.

Author : Stephane Hallegatte
Publisher : World Bank Publications
Page : 227 pages
File Size : 11,54 MB
Release : 2015-11-23
Category : Business & Economics
ISBN : 1464806748

GET BOOK

Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Author : World Bank
Publisher : World Bank Publications
Page : 220 pages
File Size : 15,66 MB
Release : 2012-09-01
Category : Business & Economics
ISBN : 0821395041

GET BOOK

This new annual publication from the World Bank Group provides an overview and assessment of financial sector development around the world, with particular attention on medium- and low-income countries.