Président SGM Consulting Services
Stephane is a consultant for the financial service industry with a clear focus on digital solutions (eID, KYC, blockchain, etc.) data protection and other regulatory matters.
He worked for many years as a legal counsel for a leading French financial institution, first in its capital markets and M&A departments in Paris and London before joining the central legal department and became head of international legal affairs. In 2006, he was head of legal for the international retail banking division, covering financial services activities located in over 25 countries before moving back to the central legal department in 2015 where he was in head of the IT/IP, M&A Procurement and Corporate law legal teams. Since 2015, he was involved in the deployment of GDPR-related processes for the group as well as in remote customer onboarding solutions making use of customer identification, KYC, strong authentication, electronic signatures and other trust services.
Stephane’s academic background is legal and financial, allowing him to tackle interrelated legal, financial, accounting and operational constraints and integrating a clear risk-mitigation dimension into problem-solving.
Stephane is a practitioner with a ‘can do’ approach and strong practical result orientation. He is also a regular speaker in conferences and seminars, making keynote presentations as well as taking part in forums and discussion panels for in digital transition and regulatory matters.
Recent conference contributions
2023 07 13 - Hyperledger Identity Special Interest Group
2023 05 11 - France Payments Forum
Participant to a round table on digital identities
2023 04 05 - ID & KYC Forum - Lille (France)
Participant to a round table on eWallets
2023 02 16 - France Payments Forum Tech day
2022 11 30 - TrusTech Forum
Opening the eIDAS 2.0 EUDI Wallet bonnet
2022 09 22 - France Payment Forum
EDIW - European Digital Identity Wallets eIDAS 2.0
2022 06 15 - Fido Alliance eID session
Presentation of eIDAS EUDIWs (with Michael Adams - Quali-sign)
2022 06 08 - ID&KYC Forum - Lille (France)
Participant to a round table on eWallets
2022 05 11 - European Identity & Cloud (EIC) conference - Berlin (Germany)
Towards CBDC Wallets - the eIDAS 2.0 payment-authorizing wallet (with Michael Adams - Quali-sign)
2022 04 26 - Iproov briefing event
2022 02 17 - France Payment Forum - Plenary session - Paris (France)
2021 11 30 - TrusTech forum - Paris (France)
Moderator of the 'eKYC in a digital AML environment : is KYC portability on the horizon?' session
2021 11 10 - OpenID eKYC and IDA workgroup
eIDAS 2.0 update presentation
2021 10 14 - OIX Open Identity Exchange
2021 09 16 - Identity attributes and KYC : the transition to eIDAS 2.0 and AML
e-wallets and demonstration (eID for opening a bank account)
2021 09 11 - ID Forum round table - Lille (France)
Nouveau règlement AML et identification à distance : faut-il externaliser?
2021 07 01 go.eIDAS summit
2021 06 23 - Hyperledger IDWG
eIDAS 2 Digital identity wallets on the way presentation
2021 06 16 - OpenID Connect eKYC workshop
2021 05 13 - Alliance pour la Confiance Numérique
ETSI STF588 présentation
2020 06 26 - EBSI-ESSIF-France
2019 10 03 - Third Annual Compliance and legal conference - Paris (France)
Financial crime technology trends round table
2019 01 17 - Global client onboarding for asset management
2018 11 26 - MoneyLive summit
2018 11 22 - 2nd Digital onboarding and ID verification
2018 10 30 - Identity live Forgerock (Idemia workshop)
Articles and publications (English)
In addition to posts regularly published on Stéphane's LinkedIn page, the following articles can be viewed:
Written with Michael Adams from Quali-Sign
2022 04 - The Paypers Financial Crime and Fraud Report 2022
Securing digital payments with identity wallets (with Michael Adams - Quali-sign)
Offline mode support, often overlooked as a remote need for digital interactions, is critical for digital identity wallets, especially for payments and CBDC purposes
International organisations work
During the last 5 years, Stéphane Mouy has worked for the EU Commission in various capacities
2022-2023 : eIDAS 2.0 EUDIW project (Digital finance use case)
His assignment focused on the eIDAS 2.0 project announced by the European Commission in June 2021 and centered around European digital identity wallets (EUDIWs), especially when used for payment interactions ('digital finance' use case).
The use case is critical for the banking/financial sector and has far-reaching implications for European payment service providers, especially for the purpose of meeting AML/CFT requirements as well as payment regulations, especially arising from the EU Second Payment Directive (itself under revision).
2020-2021 : KYC portability report
In December 2020, DG FISMA instructed SGM Consulting Services to prepare a report on 'how to develop a digital identity solution for use by the financial sector based around eIDAS trust services' for the purpose of facilitating the onboarding of customers in the financial sector.
The report was finalised in September 2021 and analyses cross-border KCY data portability within the context of the revised eIDAS proposal and contemplated AML regulation – initiatives that will have a major impact on banking services with the deployment of digital identity wallets and CDD data harmonisation. It reviews the categories of KYC attributes and discusses how European financial institutions can act as KYC data providers and receivers. In cooperation with the eWallet Network, it presents an Open Wallet proposal meeting eIDAS 2.0 requirements, including offline functionalities for payment authorisation and qualified electronic signature, as well as offering robust privacy protection. The report also compares traditional bank-led KYC portability scenarios and the emerging user-centric self-custody solution implied by digital identity wallets. It discusses governance matters for KYC data exchanges, including economic models, scheme arrangements and liability allocation provisions and sets out a number of practical recommendations aiming to offer scalability, consistency with AML/CFT requirements as well as process mutualisation for the banking industry.
2018-2020 : eID/KYC Expert Group report
The Electronic Identification and Remote Know-Your-Customer processes Expert group, which Stéphane Mouy was a member of, was set up by the EU Commission and started work in April 2018. It prepared two reports finalized in December 2019 and officially received and released in February 2020.
The Expert group was instructed to assess remote onboarding processes in the European financial sector and suggest ways for portable digital KYC processes to become a reality, especially for cross-border financial services, as well as leverage the eIDAS interoperability framework.
Stéphane Mouy was the Leader of Sub-group 2 which presented and discussed an attribute-based and LoA-rated portable KYC proposal.
European Telecommunication Standards Institute (ETSI)
2020 - 2021 : ETSI STF 588 - Identity proofing for trust services subjects
Stéphane Mouy was part of the 5-member Special Task Force STF 588 in charge of preparing specifications in the field of indentity-proofing for trust services. STF 588 worked on two reports published in February and July 2021
Stéphane Mouy is also a regular contributor to Groupe Revue Banque, the leading French language publication focusing on banking and financial matters.
His recent articles include the following :
Issue 880 (2023 05) - KYC et identification : vers un marché unique des services financiers numériques
Issue 875-876 (2023 01) - MNBC de détail : du cash numérique pour quoi faire?
Issue 871 (2022 09) - Identité numérique : Pourquoi un schéma national en plus du cadre européen eIDAS?
Issue 869 (2022 06) - Le Wallet, lieu de convergence du paiement et de l'identité
Issue 865 (2022 02) - Monnaie numérique de banque centrale : la Chine très loin devant
Issue 862 (2021 12) - Wallets d'identité numérique : Apple en pole position aux Etats-Unis
Issue 860 (2021 10) - Nouvelle donne annoncée dans les relations clients digitales
Issue 845 (2020 06) - L'identité numérique au carrefour des modèles
Issue 836 (2019 10) - Identité numérique et règles LCB-FT : une délicate conciliation
Banque et Stratégie
Issue 388 (2020 02) : Le KYC partagé bientôt une réalité?
Stéphane Mouy is also a regular contributor to France Payment Forum, a French language forum dedicated to payments
His recent articles include the following :