Legal Implications of E-Government -FinTech Interaction. Comparative Legislative References at the European-Spanish-Romanian Leve

Abstract

New technologies, especially those related to the FinTech phenomenon, are developing in a legal framework that is tested by the new-necessary interaction. On the one hand, it is obvious the need to face the current challenges generated using technologies,and on the other hand, the legal systems must continuously adapt to protect the parties that interact in this system. The integration of increasingly revolutionary technologies in the governmental field gave birth to what we call e-government, and FinTechcomes to rank among the first priorities of society through aspects related to transparency and responsibility, compliance with financial regulations, regulation of financial transactions online, cyber security and data privacy. All these represent key points around which the European legislation is created and even more important, the transposition of this legislation into the national legislation of the European states