Provisional 2024 Agenda
For speaking opportunities or registration please contact Corrina.Stokes@jwg-it.eu
We strive to create an event which not only discusses the regulatory agenda but encourages strategic conversations on how firms, in conjunction with regulators and trade associations, can avoid the many pitfalls in this space.
2024 Objective
Billions will be spent as ‘how’ operations are conducted is pulled into scope for all FS actors. In this conference, leading TradFi and DeFi SMEs will articulate the key challenges of connecting fast moving 2024 regulatory demands to better, faster, cheaper and safer RegTech that can align shareholder, customer, firm and regulatory interests.
2024 Panels
We are crafting the right agenda based on our exclusive research on the real-world policy and implementation challenges in this fast moving space
Target Audience
TradFi and Digtal asset firms: Front office; Middle office risk, legal and compliance, regulatory SMEs: heads of regulatory change;
Back office: technology, data; Executive decision-makers: CDOs, CIOs, CAOs, COOs
Policy makers and regulators: Market policy, Financial Crime, Data privacy, Regulatory reporting .
Provisional 2024 agenda
For speaking opportunities or to register interest in attending please Contact Us
About the session
RegTech has been given a big push by open source as the next big round of regulatory reforms is kicking off across the value chain. PJ Di Giammarino, Founder and CEO of JWG will share his perspectives on what is working well, what’s missing and what could be even better if. Listen in for the global view of RegTech opportunity across the sector.
Regulatory Challenges
- Trading: Transparency, Digital Assets, Market data, algo testing
- Conduct risk: Consumer duty/ ESG; AML/CFT/Sanctions; Market abuse; Comms surveillance; accountability
- Risk and data collection: Basel III/ IV, FRTB, ESG; 2028/9 EU/US data dictionaries and reporting rewrites
- Technology risk management: Op Res, AI, Cyber, TPRM
- Compliance: Horizon scanning; unlocking embedded compliance
About the session
JWG has been championing RegTech since 2011. The sector is growing up quickly as standards mature and collaborative pathways are proven. There are real, concrete examples of ‘what good looks like’ which sets a pathway for private utilities, application vendors and the standards community to have tools ready for firms to comply with the next round of reforms. What have we learnt from RegTech successes and how will they help chart the course?
Regulatory Challenges
- IMF working paper on challenges faced by supervisors
- UK digital regulation here
- EU Parliament AI and digital tools in workplace management and evaluation here
- WEF Regulatory technology for the 21st century here
- HKMA regulatory technology in AML here
- IOSCO innovation facilitators here
- BIS big techs vs banks here
- UK-Japan financial regulatory forum here
- EBA benefits, challenges and risks of Regtech in the EU here
New RegTech/SupTech drivers
- JWG Analysis: RegTech for clean controls here
- Golden-source libraries of regulatory obligations (Regdelta)
- Industry protocols for interpreting requirements (DRR)
- Common domain models to digitize the trade lifecycle (CDM here)
- JWG analysis – The rise of digitally native compliance here
- RegCast: Digitizing Compliance’s many dashboards here
- RegCast: TegTech from Horizon to controls here
- RegCast: Digital Compliance here
About the session
The financial services sector has an opportunity to leverage its newly deployed common domain model to scale trade surveillance controls, making the system safer, less noisy more efficient by billions of dollars across the markets. Research has shown that standardized business events and data dictionaries can streamline the process for spotting suspicious trading activity across markets and communications channels. How does RegTech help the 2nd line of defence mitigate risks in the right way?
Regulatory Challenges
- Dear CEO letter for principal trading firms – Algo trading here
- FCA 05/22 Market Watch 69 – Observations on market abuse surveillance here
- SEC $80m hacking and trading scheme fine here
- Electronic communications surveillance fines summarised here
- FCA £13.6m fine of Citigroup for failed trade surveillance requirements here
- Economic Crime (Transparency and Enforcement) Act 2022 here
- Conduct, culture, AI and data policy
New RegTech/SupTech drivers
- JWG Q323 analysis – Regulatory Surveillance: Which camp are you in? here
- JWG Q323 analysis – RegTech Surveillance: breaking silos with digital models here
- JWG Q223 Analysis – Defining ‘Good Communications surveillance’ here
- TR analysis – FCA seeks tech boost for market surveillance here
- JWG analysis – Getting in Front of New 2023 Surveillance AI Controls here
- JWG analysis – Market Watch 69 & Surveillance RegTech here
- RegCast: Breaking surveillance silos here
- RegCast: Could integrated risk controls have saved SVB? here
- RegCast: Good digital surveillance here
- RegCast: Digital Surveillance of democratized finance here
- RegCast: Market Watch 69 & RegTech here
About the session
Regulators have set their sights on better risk information sharing and data collection and Digital Regulatory Reporting (DRR) has made great strides over the past 18 months. How far has it come and how will Derivatives reporting change the game across JFSA, EU, US, UK, Australia, Singapore and Hong Kong?
Regulatory Challenges
- EU Machine-readable and executable reporting Q4 Workshop
- ESMA ‘core market data & the quality mandate’ MiFIR here
- Central repositories (EU SAP, NCS) FCA DP23/2
- EU Parliament back better access to market data here
- FCA wholesale trade data – Findings Report here
- EU/UK Consolidated Tape tender here
- Public/private collaboration, Open-source code Finos here
- Bank of England transforming data collection from the UK financial sector RegCast here and paper here
- European Commission supervisory data strategy here
- EU agenda to reduce reporting requirements by 25%
New RegTech/SupTech drivers
- JWG to help firms meet new reporting expectations here
- JWG analysis of EU/US 5-year data plans here
- JWG derivatives analysis here
- JWG DRR 2023 research here
- JWG Regulatory Reporting task force here
- Thomson Reuters: Digital regulatory reporting efforts reach milestone with successful CFTC swaps reporting launch in Europe here
- RegCast: DRR music ups tempo here
- Analysis: EC pushes ahead with DRR; UK ambitions narrow here
- RegCast: MiFID III & Digitalising markets here
- RegCast: Digitzing derivative reporting with DRR here
About the session
Regulators are asking firms to raise the standard of regulatory returns to the same care and diligence given to financial reports and Basel IV is on its way. In parallel, Europe is redesigning its reporting system. Can ‘bottom up’ and ‘top down’ reporting methods align to a common view of what good looks like?
Regulatory Challenges
- EC common dictionary paper and conference here
- ESMA / US FDTA 5 year data plan here
- BIRD Logical Data Model release 6.1
- Data Point Model 2.0 (ISO 5116 ) here
- UK Transforming Data Collection here
- Basel 3.1 capital standards and Basel IV
- BoE CP16/22 here
- EBA 430C: feasibility report on the integrated reporting system here
- BoE CP4/23 Strong and Simple here PRA mansion house speech here
About the session
With fines being issued and new regulatory deadlines approaching fast, ESG reporting standards wars are raging. New metrics, data and quality expectations are keeping firms awake at night. However, the promise of revenue opportunity is getting them out of bed early. How do you leverage 2024 SFDR and CSRD reporting to win the race?
Regulatory Challenges
- FCA to lead GFIN greenwashing TechSprint here
- Central banks and Supervisors Greening the Financial System here
- IOSCO FR04/23 Sustainability-related corporate reporting
- FCA Dear CEO ESG benchmarks review letter
- EU ESAs call for evidence on greenwashing
- AFME, Linklaters Sustainable Finance in Europe: Regulatory state of play
- AMF: SFDR Art 8/9 minimum environmental criteria
- SEC Commissioner speech at the California 40 Acts Group
- Singapore ACRA: raising the bar of financial reporting
- UN Sustainable Development Goals and Emissions Scope 1-3,
- The IFRS and BIS risk principles
- EU with SFDR and CSRD
- EU Taxonomy Regulation already
- The International Sustainability Standards Board standards
- BIS Paper 132: Information governance in sustainable finance
New RegTech/SupTech drivers
- JWG research: Winning the ESG data marathon in 2023
About the session
Compliance is being embedded in core workflows and AI-enabled Embedded Compliance has the potential to have a big impact this. However, Senior management regimes like SM&CR and SEAR have firmly pinned accountability on humans, not machines for compliance. How do leading firms tick the right boxes across their risk silos and keep their bosses out of jail?
About the session
By 2025, overlapping requirements to mitigate operational resilience, control third party services and improve technology governance – including AI – will require unprecedented transparency and assurance from third-party technology providers. What will this mean to firm risk silos and how will a complicated supply chain help meet these fast moving targets for ‘end to end’ controls?
Regulatory Challenges
- US AI strategic plan here and Whitehouse blueprint for AI bill of rights here
- EU Cyber resilience act here cybersecurity certification here
- APRA operational risk management – CPS 230 here PRA PS6/21 OpRes here
- EC Digital Operational Resilience here ESA DORA technical advice here
- HMT Critical third parties here PRA DP3/22 CTP here / PRA SS2/21 Outsourcing and TPRM here
- US Interagency Guidance on Third-Party Relationships: Risk Management here
- EU Artificial Intelligence Act here and here
- UK National AI action plan here ICO guidance on AI and data here
New RegTech/SupTech drivers
- Forbes: New Financial Services Regs Will Require Comprehensive Action By Boards here
- JWG research report ‘Managing Digital Infrastructure Risk: a collaborative path to financial services safety’ here
- JWG analysis – the fawn of compliance FS infrastructure here
- EBA prudential disclosures on ESG risk here
- EBA Casper Platform here
- RegCast – digital supply chain transparency here
About the session
New UK Economic Crime plans have moved AML/CFT up the priority list just as new capabilities are being deployed in anger. The industry is on the verge of more aggressive data strategy that will get all the pieces of the jigsaw in place. RegTech will play a key role in enabling better, faster and cheaper models that overcome data privacy challenges. How will next gen AI, data standards and data protection enable a holistic view of risk and compliance?
Regulatory Challenges
- UK Economic Crime Plan 2
- Economic Crime (Transparency and Enforcement) Act
- FATF 40 recommendations here
- UK sanctions report
- Post-Brexit UK MLR
- BIS crypto asset AML
- Digital Asset standards (e.g., EC travel rule)
- FATF Virtual Assets 12 month review – travel rule
- EU ALMA single rule book Regulation
- EU 6MLD & crypto asset here
- MiFID III/ ESG Suitability requirements here
- Bank of England – Charting the Future of Post-Trade here
New RegTech/SupTech drivers
- JWG analysis – Economic crime: policy simulator 2022 here
- JWG economic crime RegTech analysis and RegCast here
- JWG AML and TM RegTech 2022 analysis here
- JWG analysis – 10 Sanctions RegTech priorities here
- RegCast: Reviving FinCrime RegTech here
- RegCast: When DeFi catches the AML car here
- RegCast: An Interpol for sanctions here
- Economic crime RegTech Priorities 2022 here
- Terrorism Financing Risks RUSI paper here
- RUSI CRAAFT event recording here
- Supervisory data sharing / MAS COSMIC data sharing here
- TR analysis – UK AML travel rule here
- FATF Virtual Assets 12 month review – travel rule
