UK, US and Australia securities regulators are among the most advanced in the world at this early stage in developing and using innovative technology likely to lead to more adaptive market oversight, according to a global authority.
The Financial Stability Institute cautioned, however, that regulators’ use of this data collection and analysis technology also poses new legal and cyber risks.
The Switzerland-based group’s look at 11 regulators indicated that the most technologically advanced were the UK’s Financial Conduct Authority, the US Securities and Exchange Commission and the Australian Securities and Investments Commission.
UK, US, Australia among leaders in financial oversight technology, report says
18 July 2018 7:38am