The program

Fireside Chat: How Supervisors are Changing The Rules Of Engagement with Banks

Tuesday May 21, 2024 11:05 - 11:35
Type: Banking Track
Venue: Tour & Taxis
This Fireside Chat features the Chief Information Officer (CIO) of the National Bank of Belgium (NBB) and focuses on the groundbreaking approaches of Financial Services Supervisors to transforming the rules of engagement with banks and fintech companies.

The discussion will address strategic initiatives to foster a culture of innovation within the banking ecosystem, adapt to digital transformation, and meet the evolving demands of consumers and markets. By sharing visions, challenges, and successes, this dialogue aims to provide valuable insights into the future of banking regulation, the role of technology in shaping it, and the implications for banks and fintech companies striving to navigate this new landscape.

The session will also touch on DNB's pioneering development of ChatDNP, a cutting-edge Generative AI (GenAI) tool designed to revolutionise supervisory processes. This innovative platform is set to streamline interactions between the regulator and regulated entities, facilitating a more dynamic, real-time, and efficient supervisory dialogue. The discussion will explore how ChatDNP not only enhances the effectiveness of DNB's supervisory work but also serves as a model for leveraging AI in regulatory practices globally.

Attendees will leave with a comprehensive understanding of how central banks are not just responding to technological advancements but are actively shaping the future of financial supervision and industry engagement through innovation and strategic foresight.
Share this via
© Copyright 2024 The Banking Scene - All rights Reserved.