From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision

Effective and efficient market conduct supervision is critical to ensuring that financial consumers are protected from unfair business practices and provided with clear and relevant information. Yet market conduct supervision is a challenge in many jurisdictions. Many supervisory authorities are the...

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Main Author:	World Bank
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	BANKING FINANCIAL INCLUSION CONSUMER PROTECTION FINANCIAL SUPERVISION RISK ASSESSMENT
Online Access:	http://documents.worldbank.org/curated/en/612021529953613035/From-spreadsheets-to-suptech-technology-solutions-for-market-conduct-supervision http://hdl.handle.net/10986/29952

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recordtype	oai_dc
spelling	okr-10986-299522021-05-25T09:15:44Z From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision World Bank BANKING FINANCIAL INCLUSION CONSUMER PROTECTION FINANCIAL SUPERVISION RISK ASSESSMENT Effective and efficient market conduct supervision is critical to ensuring that financial consumers are protected from unfair business practices and provided with clear and relevant information. Yet market conduct supervision is a challenge in many jurisdictions. Many supervisory authorities are therefore seeking technology-enabled solutions to increase the efficiency and effectiveness of their supervisory activities. This discussion note examines Suptech (that is, supervisory technology) solutions that are being adopted for market conduct supervision, including the implications of these technology solutions for broader supervisory approaches. The note provides a general examination of Suptech, as well as three country case studies that illustrate how Suptech is currently being applied by market conduct supervisory authorities—specifically, in the context of financial consumer protection (using country case studies from the United States and Lithuania) and in the context of AML/CFT (using a country case study from Brazil). The note also highlights cross-cutting considerations, including the risks and challenges that may arise with Suptech. 2018-07-05T15:19:55Z 2018-07-05T15:19:55Z 2018-06 http://documents.worldbank.org/curated/en/612021529953613035/From-spreadsheets-to-suptech-technology-solutions-for-market-conduct-supervision http://hdl.handle.net/10986/29952 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BANKING FINANCIAL INCLUSION CONSUMER PROTECTION FINANCIAL SUPERVISION RISK ASSESSMENT
spellingShingle	BANKING FINANCIAL INCLUSION CONSUMER PROTECTION FINANCIAL SUPERVISION RISK ASSESSMENT World Bank From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
description	Effective and efficient market conduct supervision is critical to ensuring that financial consumers are protected from unfair business practices and provided with clear and relevant information. Yet market conduct supervision is a challenge in many jurisdictions. Many supervisory authorities are therefore seeking technology-enabled solutions to increase the efficiency and effectiveness of their supervisory activities. This discussion note examines Suptech (that is, supervisory technology) solutions that are being adopted for market conduct supervision, including the implications of these technology solutions for broader supervisory approaches. The note provides a general examination of Suptech, as well as three country case studies that illustrate how Suptech is currently being applied by market conduct supervisory authorities—specifically, in the context of financial consumer protection (using country case studies from the United States and Lithuania) and in the context of AML/CFT (using a country case study from Brazil). The note also highlights cross-cutting considerations, including the risks and challenges that may arise with Suptech.
format	Publications & Research :: Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
title_short	From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
title_full	From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
title_fullStr	From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
title_full_unstemmed	From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision
title_sort	from spreadsheets to suptech : technology solutions for market conduct supervision
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/612021529953613035/From-spreadsheets-to-suptech-technology-solutions-for-market-conduct-supervision http://hdl.handle.net/10986/29952
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From Spreadsheets to Suptech : Technology Solutions for Market Conduct Supervision

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