In a recent paper discussing the adoption of regtech and suptech solutions, the Asian Development Bank (ADB) advocated for an ecosystemic approach engaging all stakeholders: regulators, regulated entities, technologists, academics, and more.
While the use of technology for compliance and risk management is not new, the digitalization of the financial system requires that firms and regulators adopt newer and more sophisticated technologies to understand and manage emerging risks properly. The acceleration of this digitalization, particularly since the start of the covid pandemic, has made this ever more important.
This content is available to paid Members of Starling Insights.
If you are a Member of Starling Insights, you can sign in below to access this item.
If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.
Join The Discussion
Sign in and be the first to comment.