Security concerns have increased with the rise of the internet and the threat of cyberattacks that governments are trying to mitigate. The Bangko Sentral ng Pilipinas (Central Bank of the Philippines, BSP) has announced it will be implementing “a unified regtech and suptech solution that will streamline and automate regulatory supervision, reporting, and compliance assessment of cybersecurity risk management for our supervised institutions” called Advanced SupTech Engine for Risk-Based Compliance (ASTERisC*).
SupTech at scale: The tipping point | Keynote at RegTech Convention 2024
* Keynote presentation during the RegTech Convention 2024, Frankfurt, 18th November 2024. It is my honor and privilege to be with you today while we stand at a pivotal moment in financial supervision—a moment when technology is reshaping not just the tools of...