Financial systems around the world have been undergoing rapid changes in recent years due to technology, popularizing new words like “fintech” and new uses for words like “disruption”. As it is of paramount importance that the financial systems’ regulators and supervisors are aware and knowledgeable about the main technologies spurring financial services evolution, the conference aims to dissect the few key areas relevant for this audience at a practical level.
From participating in this conference as a knowledge product, regulators, supervisors, and central bankers, as well as FinSAC donors, clients, and outside partners in the field will gain a deeper understanding of the highlighted fintech areas. Furthermore, the event may contribute beyond the conference to the participants’ discussions with respective counterparts and to strategies on what these technologies mean and may mean to them in the future. The event will serve to continue FinSAC’s relevance as a center of expertise and knowledge-sharing for the ECA region.
The conference concentrate on the most highly discussed fintech themes of relevance to regulators, supervisors, and central bankers: regulatory and supervisory responses to fintech; suptech and regtech; operational risk arising from fintech; Distributed Ledger Technology and crypto-assets; and evolution of consumer lending. Topics are distributed into eight sessions, which will be conducted largely in a moderated panel format. In each area, the aim is to provide real-life cases and/or demonstrations of illustrative products as applicable, and to discuss the trends, opportunities, and challenges for this particular audience.