The world of Financial Services has gone through an unprecedented period of regulatory action and reform over the past decade since the last financial crisis. At this time, working through the global pandemic of Covid19 in an era of digital innovation and fast changing consumer behaviour, many see that regulation has a critical role to play in enabling the financial services sector, particularly in Europe, to evolve and deliver enhanced services to their customers. On the flip side, supervisors are required to quickly determine risks of new digital business models and create appropriate rules to protect consumers and ensure a level playing field.