Financial Authorities in the Era of Data Abundance: Regtech for Regulators and Suptech Solutions

Financial Authorities in the Era of Data Abundance: Regtech for Regulators and Suptech Solutions

Report

Financial Authorities in the Era of Data Abundance: Regtech for Regulators and Suptech Solutions

Technology solutions for regulators (RegTech for Regulators or “RegTech2”) and supervisors (“SupTech”) enhance the capabilities of financial authorities to meet the challenges posed by digitization and globalization of the marketplace as well as the expansion of their mandates. They lend themselves especially well to the implementation of data-intensive, risk-based supervision.

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