The EBA analysis of the RegTech landscape in the EU1, published in June 2021, identified the need to deepen knowledge and address any skill gaps among regulators and supervisors on RegTech solutions. EU SDFA RegTech Workshop is an opportunity for participants to learn from each other and gather insights from financial institutions, RegTech providers, and other supervisors about the development, implementation, use and supervision of RegTech solutions.
improve participants’ understanding on how financial institutions overcome RegTech implementation challenges
improve supervisory skills by sharing supervisory practices and challenges and discussing practical cases
evaluate how technology and data is used in AML/CFT
learn about the RegTech developments in the innovation facilitators
Target group: experienced staff/practitioners.
Selected speakers will feature representatives from beneficiary Member States, competent authorities, financial institutions, RegTech providers, and the European Commission.
Expectations toward participating authorities
Participants are expected to have knowledge and experience related to RegTech, for example, supervision of financial institutions’ use of RegTech, assessment of RegTech tools used (e.g., AML/CFT transaction monitoring, remote onboarding tools), etc.
Prior to attend the workshop participants are expected to read EBA analysis of RegTech in the EU financial sector (June 2021, EBA/REP/2021/17)2. Workshop participants will be invited to share their supervisory experience and discuss practices undertaken by their national authorities towards RegTech. Participants will be required to complete pre-course survey to inquire various practices across the EU. The results will be compared and discussed in detail during the training.