In this context, in February 2021, the Commission issued a call for advice to the European Supervisory Authorities (ESAs) in relation to technology-enabled structural change in the financial sector, new mixed activity groups and additional mandates for the EBA on non-bank lending and deposit guarantee schemes. It asked the ESAs to pay particular attention to regulatory and supervisory challenges in this field, including in relation to AML/CFT.

The ESAs will report to the EC in accordance with the timelines set out in the call for advice.