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FSB report examines financial stability benefits of SupTech and RegTech

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Published on: 09 October 2020

Published by LNB News

LNB News 09/10/2020

Document Information

Issue Date: 09 October 2020

Published Date: 09 October 2020

Jurisdiction(s): United Kingdom

Article summary

The Financial Stability Board (FSB) has published a report on the use of supervisory and regulatory technology by authorities and regulated institutions, covering market developments and financial stability implications. The report notes that technology and innovation are transforming the global financial landscape, presenting opportunities, risks and challenges for regulated institutions and authorities alike, and that SupTech and RegTech tools could have important benefits for financial stability. The report is being delivered to G20 finance ministers and central bank governors for their virtual meeting on 14 October 2020.

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