Techforward Award: European Central Bank

- By Rachael King
- @RachaelKing_cb
- 16 Jun 2021

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The rapid increase in the amount of available data, computing power and the fast adoption of new technologies are transforming the global financial landscape more than ever. But technology has created both opportunities and challenges for supervised entities and supervisors.

In response to this, the European Central Bank (ECB) – in conjunction with members of the Single Supervisory Mechanism (SSM) – have created a digitalisation blueprint for European banking supervision. The blueprint provides

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