The upcoming enlargement is, therefore, an opportunity to improve the functioning, the transparency and thus the acceptance of the European Union. (3)  A further challenge is presented by the substantial heterogeneity which exists between the EU and the group of accession countries. The people in the twelve accession countries will increase the EU population by roughly one-third.
We are also in the midst of implementing solutions that make use of artificial intelligence and machine learning for regulatory and supervisory processes. These RegTech and SupTech tools aim to augment areas of risk management, regulatory reporting, consumer complaint oversight and regulatory compliance automation.