1st Foundational training week – I cycle

Participants are provided with the fundamental knowledge of the main areas of digital finance, as well as with the essential practical skills that will enable effective supervision of the application of digital technologies in finance by credit and financial institutions and supervisors’ use of technology by supervisors (SupTech). The foundational training course rests on three building blocks. The first block focuses on technological advances and the development of new business models driven by the uses of new technology in financial products and services. These sessions explore the main technologies in digital finance, including AI, Big Data, and Distributed Ledger Technology (DLT). The sessions focus on the challenges and risks stemming from the use of these technologies in the markets, but as well as on the new opportunities, from a consumer perspective (choice and convenience), and their application in RegTech and SupTech solutions. Second block comprises the policy block they follow the most recent regulatory response at the EU level and introduce the new regulatory instruments implementing the European Digital Finance Strategy, including the regulation of markets in crypto-assets (MiCA) and digital operational resilience (DORA), as well as guidelines published by the ESAs and delegated acts. The third block bridges and complements the knowledge and understanding of the new technology and regulatory and supervisory responses, to equip participants with a set of practical skills for supervision of digital finance in Europe by means of case studies and other practical exercises.