Bank of Spain emphasizes the need to apply financial technology innovation to supervisory functions in its 2024 strategic plan.

Bank of Spain emphasizes the need to apply financial technology innovation to supervisory functions in its 2024 strategic plan.

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Bank of Spain emphasizes the need to apply financial technology innovation to supervisory functions in its 2024 strategic plan.

Central to this initiative is developing suptech tools and fostering a culture of innovation. This involves developing and applying these tools, supported by a roadmap running through 2024, which includes in-house suptech tool creation, active participation in the Single Supervisory Mechanism's (SSM) suptech initiatives, and a focus on data science training.

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