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*).
Generative AI in financial supervision: a brief history of a revolution in progress
This is the third post of the Cambridge SupTech Lab blog series "Artificial intelligence (AI) in financial supervision: Promises, pitfalls, and incremental approaches”. In the first post of the series, we explored opportunities for AI in financial supervision. In the...
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