A Roadmap to SupTech Solutions for Low Income (IDA) Countries

World Bank

World Bank, Washington, DC

关键词: FINANCIAL TECHNOLOGY;    IDA COUNTRIES;    LOW-INCOME COUNTRIES;    AUTOMATED DATA REPORTING;    CREDIT RISK ASSESSMENT;   

RP-ID  :  153566

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The digitalization and development ofnew financial products accelerated by Coronavirus 2019(COVID-19) crisis will transform drastically the financialsector of all countries in the following years.Consequently, this will also lead to the transformation ofsupervisory processes, which can be greatly benefit from thesupport of supervisory technology (SupTech) tools. Eventhough there is a great potential for SupTech tools tosupport and enhance the supervisory processes, manysupervisors are still struggling to find the right balancebetween functionalities, costs, and implementationapproaches of SupTech tools. To support financial sectorsupervisors, forge their understanding and provide practicalinformation on how to implement SupTech tools, this paperprovides a step-by-step guide and use cases. The paperpresents the main challenges faced by the supervisoryauthorities, provides different governance models usedglobally, and guidelines for the development of the SupTechstrategy and its implementation for prudential andanti-money laundering and combating the financing ofterrorism (AML and CFT) use cases.