Presenting Speakers
Brian YeohHead of Data Governance and Strategy, Financial Technology & Innovation
David BerryMarket Data Exchange Commissions Global Sourcing
Dr. Richard L. HarmonGlobal Head of Financial Service
Mike ZehetmayrEY EMEIA Financial Services Risk, Compliance and Regulatory Technology Leader
About the Session
New infrastructure rules require banks to set new risk tolerances establish governance, testing and metrics for the cloud. In the EU, regulators will be monitoring risk concentration by individual tech provider. JWG argues that ES’G’ should usher in a whole new set of operational standards and a framework which recognises the value of investment in good RegTech and SupTech. Will cloud and data policy align under global risk control frameworks?
Regulatory Challenges
- Digital Operations Resilience Act (DORA)
- UK Operational resilience here
- CBUAE, DFSA, FSRA Guidelines for Financial Institutions adopting Enabling Technologies here
- FCA ‘dear chair’ letter on ESG funds here
- FCA quantum computing analysis here
- FSB discussion paper on Regulatory and Supervisory Issues Relating to Outsourcing and Third-Party Relationships
- ESMA outsourcing to cloud service providers guidelines here
- The ‘G’ of ESG as a strategic lever to know what ‘good infrastructure’ looks like
New RegTech/SupTech drivers
- BoE/ FCA AI public-private forum October 21 minutes here
- EY IIF risk management survey 2021 research here
- JWG Cloud regulatory drivers research here
- JWG Systemic Technology risk blind spot and ESG research here
- Thomson Reuters Regulatory intelligence: Most significantly regulated industry running on unregulated infrastructure
- FCA Cyber coordination group findings here