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*).

Shaping the Next Generation of Financial Supervision in APAC: Insights from SupTech Week 2024
Batchimeg Batbold, Director of Sandbox Unit at Financial Regulatory Commission of Mongolia and Secondee at the Cambridge SupTech Lab The Asia-Pacific region is home to a highly diverse financial ecosystem, spanning advanced economies such as Singapore, Australia, and...