
Suptech use expanded during pandemic, says BIS report

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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