The 25th RegTech Convention
Regulation. Technology. Purpose.
November 14-15, 2018, Kap Europa, Frankfurt/Germany.
Financial regulation has a long history. It has been BearingPoint RegTech’s business focus for 25 years. The financial crisis 10 years ago was a catalyst for the creation of new supervisory authorities and a steady stream of new regulations.
Now, 10 years after the crisis, 4 years since the establishment of the Single Supervisory Mechanism in Europe, and with Basel IV at the gates, many stakeholders are dissatisfied with the status quo. Financial institutions bemoan the high costs and short implementation times, and regulators are not satisfied with data quality and level of transparency.
At our anniversary event, we will look to the past and discuss with key players from regulators and financial institutions the lessons learned. Technology has evolved - what new opportunities can BIRD, AI, Blockchain, Model driven machine executable regulatory reporting (MDMERR) and the like bring to regulators and the industry. We will also look to the future and discuss viable solutions that could resolve the existing deficiencies and keep the burden for firms regulated at a reasonable level. What are the right measures to achieve an efficient, beneficial regulation?
Bringing international industry stakeholders together, the 25th RegTech Convention will be a platform for discourse on what should regulation in the future should look like and what innovative technology can contribute.
The event developed over the past 25 years and is now one of the largest conferences on financial regulation in Europe. Our unique event brings together international stakeholders such as regulators, regulated firms and industry experts. The 2018 RegTech Convention features several specialist conferences, focus sessions and user groups for banks, insurance companies, and regulators. New to the program this year is the Risk Conference, which is aimed specifically at employees from the areas of risk management.
Today, financial institutions spend billions on technology and operations for regulatory compliance, the frequency of change and new requirements is high; however, regulators are not satisfied with the quality of the data. In a panel discussion with representatives of supervisory authorities and banks, we will discuss the benefits the regulations of the last decade have brought to the industry to date, what can be done to keep the burden on reporting institutions at an appropriate level and what are the right measures to achieve efficient and beneficial regulation.
We will be offering extended coffee breaks to provide the opportunity to meet our regulatory and technology specialists in our “Meet the Experts” format. The exchange with the experts takes place in one-on-one discussions at the BearingPoint stand as well as at the exhibition stands of our sponsors.
On the occasion of our 25th anniversary event, an exclusive anniversary dinner will take place in the Kap Europa on the evening of 14 November. The 4th Abacus Awards will be presented during the dinner. It also offers the opportunity to exchange ideas with colleagues in a relaxed atmosphere.
It was a very interesting occasion to exchange and cooperate on very important issues
Bruno Tissot, Head of Statistics and Research Support, Monetary and Economic Department & Head of the Secretariat of the Irving Fisher Committee on Central Bank Statistics (IFC) Bank for International Settlements
It is very nice to be in a room together with regulators, supervisors, bankers and talk about innovations and how we can deliver better outcome
Janko Gorter, Head for Supervisory Strategy, De Nederlandsche Bank (DNB) / Co-chair of the BCBS Task Force on Financial Technology (TFFT)
For us as European supervisor such events are an important occasion to meet with the industry. Usually our counterparts are the national supervisory authorities. Today’s event is an excellent opportunity to hear what the industry is experiencing, the developments and challenges it is facing as well as to get direct feedback on our work.
Patrick Hoedjes, Head of the Oversight & Supervisory Convergence Department, European Insurance and Occupational Pensions Authority (EIOPA)
I must say I pretty much appreciate the opportunity to be here. I have learned a lot. It is really a good way of exchanging information between the different people that are speaking. In my role, I see one part of a picture. And being here I’ve been able to put it more altogether. So really great event.
Paul Janssens, Programme Director | Standards, SWIFT
I think it’s a very good opportunity for us regulators to share the experience and the plans with the participants about the challenges that they are facing with the implementation of our regulation.
Peter Mihalik, Director of Operations European Banking Authority (EBA)