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.