This session will explore concrete examples of technology solutions being leveraged by market conduct supervisors around the world to increase the efficiency and effectiveness of market conduct supervision. Recent advancements in SupTech solutions, particularly around automated data collection and analysis of unstructured text, can provide significant benefits to market conduct supervisors seeking to better monitor consumer risks in an increasingly complex digital environment.
Speakers:
Charina De Vera-YapDirector, Consumer Protection and Market Conduct Office (CPMCO)Bangko Sentral ng Philipinas (BSP)- Wilson KamaliHead of StatisticsNational Bank of Rwanda
- Maria Lucia LeitaoHead of Banking Conduct Supervision DepartmentBanco de Portugal, Chair of FinCoNet
- Francesca Hopwood RoadHead of Regtech & Advanced AnalyticsFinancial Conduct Authority, United Kingdom
- Mackenzie WallaceFintech & Suptech ConsultantWBG
The session will explore how central banks can address cyber risk and improve the cyber resilience of the financial sector, as a critical enabler for financial stability and financial inclusion. Several central banks, from different parts of the world, will share their experience, approach and challenges, as well as some of the responses and tools they have implemented and are using to boost their cyber resiliency. The event is organized in partnership by the WBG and IMF to help advance cyber resilience in the financial sector, drawing on the guidance from standard-setting bodies such as the CPMI, and the experience of central banks that have developed and deployed unique and leading tools and initiatives.
Opening Remarks
Moderator:
- Dorothee DelortSenior Financial Infrastructure SpecialistWorld Bank Group
- Emran IslamSenior Financial Sector Expert, Monetary and Capital MarketsInternational Monetary Fund (IMF)
- Harish NatarajanLead Financial Sector Specialist, Payments and Market Infrastructures – Finance, Competitiveness and Innovation Global PracticeThe World Bank
Speakers:
- Rogier BesemerHead of Cyber UnitNederlandsche Bank
- Constantinos ChristoforidesTest ManagerTIBER-EU
- Robert DartnallHead of IntelligenceSecurity Alliance
- David PapuashviliDeputy Head, Specialized Risk DepartmentNational Bank of Georgia
- Tan Yeow SengExecutive DirectorMonetary Authority of Singapore (MAS)
- Takeshi ShirakamiDeputy Head of Secretariat, CPMIBank of International Settlement (BIS)
- Fiona Van EchelpoelDeputy Director General, DG Market Infrastructures & PaymentsEuropean Central Bank
The session will explore how central banks can address cyber risk and improve the cyber resilience of the financial sector, as a critical enabler for financial stability and financial inclusion. Several central banks, from different parts of the world, will share their experience, approach and challenges, as well as some of the responses and tools they have implemented and are using to boost their cyber resiliency. The event is organized in partnership by the WBG and IMF to help advance cyber resilience in the financial sector, drawing on the guidance from standard-setting bodies such as the CPMI, and the experience of central banks that have developed and deployed unique and leading tools and initiatives.
Moderator:
Speakers:
- Nikil ChandeDirector, Financial Stability DepartmentBank of Canada
- Gerhard CronjeDivisional Head, Cyber and Information SecuritySouth African Reserve Bank
- Hisham El-BihbetyChief Information Security OfficerBank of Canada
- Jean PesmeGlobal Director, Finance, Competitiveness and Innovation Global PracticeWorld Bank Group
- Tan Yeow SengExecutive DirectorMonetary Authority of Singapore (MAS)
- P. VasudevanChief General ManagerReserve Bank of India (RBI)
