15. The CAM is technology-neutral and innovation-friendly, therefore it covers applicant credit …

The CAM is technology-neutral and innovation-friendly, therefore it covers applicant credit institutions with all business models, both traditional and innovative business models and/or delivery mechanisms and, at the same time, does not impose requirements to use specific technologies or adopt certain structures. Therefore, it does not hinder the emergence and scaling up of new technologies and innovative business models. Accordingly, competent authorities should not prefer or prevent the adoption of a specific technology, nor should they prefer or prejudice a specific business model or service in the context of the assessment of the application. This is without prejudice to the need to ensure that the business model or the delivery mechanism cannot pose an obstacle to the competent authorities’ effective supervision.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/