Suptech use expanded during pandemic, says BIS report

- Central Banking Newsdesk
- 02 Dec 2021

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Some regulatory authorities considerably increased their use of supervisory technology, or “suptech”, a new Financial Stability Institute survey finds.

Prior to the pandemic, regulatory authorities had made relatively limited use of suptech for prudential oversight, though this had been increasing. Covid-19 forced the suspension of onsite inspections, so regulators quickly expanded their use of technological substitutes, said the report, published today (December 2).

The FSI, a division of

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