Esas: Regulation could hamper robo-advisory adoption

Automation in financial advice slowly growing but scale of market remains limited Given the overall importance of the automation in financial advice, and the emergence of some ongoing changes to business models, the three European Supervisory Authorities (Esas) - EBA, Eiopa and Esma, will conduct a new monitoring exercise 'if and when the development of the market and market risks warrant this work'. The regulators have concluded that since the publication of the 2016 Report there has been no