The crises of 2020 -- in health, the economy, and race -- have fallen most harshly on people of color. Job and income losses, meanwhile, have disproportionately hit women. In every realm, this year’s struggles have laid bare deep structural disparities that impede efforts to build a fully fair, just and resilient society.
These wrenching experiences have galvanized a new “will” to do better, a readiness to pour energy and resources into real solutions. That leads to the next question: if this "will" exists, is there also a “way” to do better?
In financial services, there is. It lies in digital technology.
In July AIR published a Request for Comments on a Regtech Manifesto proposing how to convert the financial regulatory system to “digitally-native” design to make it work better, cheaper and faster, all at once. In this webinar, we will facilitate a lively conversation among globally-leading thinkers from across the financial regulatory ecosystem -- a banker, a tech expert, a regulator, and a leader of the global regulatory innovation community. Each will propose the most practical steps to take, now, to rapidly advance regtech progress. Each will also suggest the game-changing strategies to launch, now, to make the next decade produce an interoperable, data-centered, AI-enabled regulatory system. From digital regulatory reporting to machine-readable regulation, what should we do and where should we start, to realize the goal of genuinely fair finance?
The event will also unveil AIR’s plans for a new Regulatory Design Series.
Fireside Chat: Financial Regulation is Changing:
Andrew McCormack, Centre Head of the Singapore Innovation Hub of BIS
Jo Ann Barefoot, CEO & Co-founder of AIR
Virtual Roundtable Discussion
Francesca Hopwood Road, Head of RegTech and Advanced Analytics at Financial Conduct Authority
Yvette Hollingsworth Clark, Adjunct Professor at Golden Gate University
Matt Van Buskirk, Co-founder and Co-CEO of Hummingbird Regtech