
EU Supervisory Digital Finance Academy
@EU_SDFA
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EU Supervisory Digital Finance Academy is a initiative funded by the EU, aimed at creating a common EU Culture of Digital Finance Supervision
Joined October 2022
๐ฝ๏ธEUSDFA Rewatch.๐ Drew Propson @wef focuses on the growth of #Fintech. She brings data-driven insights in #customeracquisition trends, #regulatorysatisfaction, and areas for improvement like #FinancialLiteracy and compliance costs. ๐ฝ
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๐ Whatโs next for #FinTech in Europe and globally?.A sector shaped by innovation, regulatory shifts and geopolitical tension. Read "Market developments based on digital technologies" by Nico Lauridsen &Nikolas Passos, part of the latest EU-SDFA e-book. ๐
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Christian Steinert (Ba Fin) talks about #cryptocustodians, firms responsible for securely storing private keys to digital assets, facing growing #cyberthreats like theft or loss of assets, but also weak internal processes rather than technology itself. ๐ฝ๏ธ
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โ๏ธWhy is third-party risk management important?.๐Emran Islam @IMFNews emphasises that as financial institutions become more reliant on third-party service providers, managing that risk is a cornerstone of operational #resilience & financial #security. ๐ฝ๏ธ
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๐ Last week workshop Digital Sandboxes and Financial #Supervision was held @BankofGreece in Athens. 20 participants from #NCAs explored how these powerful tools can enhance financial #supervision foster #innovation & strengthen crossborder collaboration.๐
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๐ Emran Islam @IMFNews highlights the growing importance of #cyber #supervision in the financial sector, to ensure financial institutions align with regulatory frameworks and maintain robust #cybersecurity practices. Watch ๐ฝ๏ธ
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๐ #MiCAR Markets in Crypto-Assets Regulation - Two online editions held this spring!. ๐ปThis online training course provides our NCAs participants a structured overview of MiCA regulation, & helps them in understanding and navigating its core provisions.๐
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โ How has digitalisation changed #financial #crime & anti-money laundering #AML #supervision?.Kalliopi Letsiou @CamSupTechLab explores how criminals adopted new technologies like #instant #payments #cryptoassets to evade detection and move illicit funds.๐ฝ๏ธ
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The #AIinSupervision training week gathered experts examining current developments in AI & implications 4 the financial system. They stressed the need for horizontal AI supervision beyond #AIAct, linking it to #GDPR #financialregulation & #competitionlaw.๐
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๐งฎ The Data-Driven Financial Business Models training started today!.๐ We will explore emerging data-driven business models of #FinTechs, #BigTechs, and #TradFi, #regulations, #customer protection issues, and the technology behind data sharing. ๐
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โ What are the biggest #risks in digital finance? .Huda Ismail focuses on #moneylaundering, #terrorist #financing, and #proliferation financing, and discusses the National Risk Assessment, a framework for identifying and mitigating these risks. Watch ๐ฝ๏ธ
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๐ฃJoin us for the presentation of ๐๐๐ฏ๐ข๐ ๐๐ญ๐ข๐ง๐ ๐๐๐ฐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ & ๐ญ๐ก๐ ๐๐ ๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง new e-book inspired by key topics explored @EU_SDFA introduced by the editors. ๐
4 April | 12:00 | Online.๐Register
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๐ The #Cyber #Risk Advanced Training Week started today, gathering #NCAs from all over EU. Participants will get insights on sources of cyber risk, #ICT risk management principles, #cybertesting, managing risks related to the use of third-party providers.
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โ Why does Europe need a #digital #Euro? .Alessandro Giovannini @ecb, shed light on its potential benefits, like providing a secure, central bank-backed digital #payment option, giving users freedom and convenience in their #transactions. Watch๐ฝ๏ธ
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๐ฃ #VoicesfromNCAs takes us to Romania with Florian Neagu @bnr_ro. He discusses how #digitalisation is transforming the financial sector and how his institution is managing these changes through the #InnovationHub & addressing risks such as cyber threats.๐ฝ๏ธ
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๐ป โAI in the Financial Sectorโ online training course is concluding this week. ๐ The course, led by @TomasoAste, gave participants the opportunity to explore key #methods, including supervised & unsupervised learning, language models & generative #AI.๐
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#SupTech Best Practices with #NCAs ๐ฆโจ.We concluded the week with NCAs sharing their SupTech strategies, key use cases & challenges in using emerging tech for #supervision. ๐ Many thanks to all our speakers & participants for the engaging discussions!.๐
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