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001 | 00006634 | ||
003 | ES-MaONT | ||
005 | 20220805062554.0 | ||
008 | 210706s2021 lu ||||fr||||i00| 0 eng d | ||
020 | _a978-92-846-8301-7 (print) | ||
020 | _a978-92-846-8302-4 (PDF) | ||
024 |
_2doi _a10.2861/7328 | QA-09-21-242-EN-C |
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024 |
_2doi _a10.2861/88874 | QA-09-21-242-EN-N |
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040 | _aES-MaONT | ||
100 | 1 |
_aMaume, Philipp _95116 |
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245 | 1 | 0 |
_aRobo-advisors _b: How do they fit in the existing EU regulatory framework, in particular with regard to investor protection? _c/ Author: Philipp Maume ; this document was requested by the European Parliament's committee on Economic and Monetary Affairs (ECON). |
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_aLuxembourg : _bEuropean Parliament, Policy Department for Economic, Scientific and Quality of Life Policies Directorate-General for Internal Policies, _cJune 2021 |
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_a53 p. : _bgraf. ; _c1 documento PDF |
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_atexto (visual) _2isbdcontent |
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_aelectrónico _2isbdmedia |
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_arecurso en línea _2rdacarrier |
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500 | _aEn la cubierta: "Study Requested by the ECON committee" | ||
504 | _aBibliografía: p. 50-53 | ||
520 | _aThis study analyses if and to what extent the current EU legal framework provides effective investor protection for customers of robo-advisors. It puts emphasis on structural conflicts of interests, the difficulties presented by the supervision of algorithms, and potential threats to the stability of the financial system. The aim of this analysis is to outline the nature of robo-advisors in a broad sense, including an overview of the main business models, such as (semi) automated investment advice alone or mixed models, i.e. in combination with portfolio management and/or order execution platforms/brokerage service, whether automated or not; to map the current robo-advisory landscape, in terms of size and trends of the market, based on available data and research; to give a brief overview of the potential benefits and risks brought by robo-advisors, in particular specific emerging risks and opportunities linked to the use of artificial intelligence (AI), machine learning, and Big Data, in this sector; to provide an analysis of how robo-advisors fit into the existing EU framework, and in particular identify key challenges with its application to robo-advisors as well as potential gaps, with a particular focus on investor protection and financial stability; and to provide an analysis of whether the current EU framework is sufficient to address the specific risks and challenges brought by robo-advisors or whether it needs to be reformed. If necessary and appropriate, make policy recommendations on additional measures to put in place. | ||
650 | 7 |
_aEconomía digital _2 _92223 |
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653 | _aBusiness models | ||
653 | _aEU | ||
653 | _aFinancial stability | ||
653 | _aIA | ||
653 | _aLegislation | ||
653 | _aMachine learning | ||
653 | _aMarket development | ||
653 | _aMiFID2 | ||
653 | _aTransformación digital | ||
710 | 1 |
_aParlamento Europeo. _bDirección General de Políticas Internas. _bDepartamento de Políticas Económicas, Científicas y de Calidad de Vida _95045 |
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856 | 4 |
_uhttps://www.europarl.europa.eu/RegData/etudes/STUD/2021/662928/IPOL_STU(2021)662928_EN.pdf _x0 _yAcceso al documento _qpdf |
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