EU Supervisory Digital Finance Academy

🙌 EU-SDFA 2.0 is just around the corner! From building a #community to delivering cutting-edge training, the last 3 years have been dedicated to equipping #finance #supervisors for the digital era. We’re getting ready for the next phase! Stay tuned! @EU_reforms

🔎 As #AI becomes more integrated into financial decisions, challenges arise around ethics and fairness, making it difficult for #consumers to understand or challenge decisions. 📖 Read Ethical and consumer protection considerations by Lamb and Arevalo 🔗bit.ly/4p2w1qU

🔎 How does the #AIAct affect finance? The AI Act establishes rules for high-risk AI applications, such as credit scoring. Supervisors will need to acquire new skills to effectively oversee these systems. 📖 Read The EU AI Act by Marco Almada 🔗bit.ly/4p2w1qU

🔎 How is AI in finance being regulated globally? An @OECD study surveyed 49 jurisdictions to understand how regulators are applying rules to AI in financial markets. 📖 Read The global artificial intelligence regulatory landscape by Iota Kaousar Nassr 🔗bit.ly/4p2w1qU

🔎 How is #AI transforming financial #supervision? Discover the primary tools used and the key barriers that remain to broader implementation. 📖 Read "Transforming financial supervision with AI" by Samir Kiuhan-Vásquez, part of the EU-SDFA e-book. 📘 bit.ly/4p2w1qU

🔎 The simultaneous ‘digital’ and ‘green’ transitions are having significant impacts on our economies and financial systems. What are the main advantages and risks? 📖 Read "AI and sustainability risks" by Giuseppe Sciascia, part of our latest e-book. 📘 bit.ly/4p2w1qU

📽️EUSDFA Rewatch ❓What wins and pitfalls have emerged from fintech’s waves? Tilman Ehrbeck @FlourishVC explores the evolution of #fintech over the past 15 years, highlighting both its successes and challenges. 📽 Rewatch bit.ly/4692Rim

🔎 What are #AI risks to financial stability? AI's impact isn’t destabilising yet, but growing use could quickly change that. 📖 Read "AI in the Financial Sector: Risks to Financial Stability" by Claudia Guagliano and Valentina Kostyleva, 📘 hdl.handle.net/1814/77926

📽️EUSDFA Rewatch ⁉️ How will the EU's #AI regulation impact financial markets? Giulia Schneider, Università Cattolica del Sacro Cuore, dives into the key implications of the European Artificial Intelligence Act for the financial sector. 📽 Rewatch loom.ly/qQ9QqjI

🔎 How is #AI changing traditional #finance? The transformation is not just about speed, but it is also about making finance more inclusive, sustainable, and data-driven. 📖 Read "The potential of AI in traditional finance" by Branka Hadji Misheva 📘 hdl.handle.net/1814/77926

📽️EUSDFA Rewatch ❓ Why does Europe need a #digital #Euro? How will it benefit us all? Alessandro Giovannini, adviser to the Digital Euro project at the European Central Bank, shed light on why it is needed and its potential benefits. 📽 Rewatch bit.ly/45enZCh

🔎 How is the EU making #digital #money safer and smarter? Crypto, cybersecurity, open banking, the EU is setting the digital finance agenda. 📖 Read "A regulatory update on EU digital finance acts and measures" by Leonardo Giani 📘 hdl.handle.net/1814/77926

📽️EUSDFA Rewatch 📈 Drew Propson @wef focuses on the growth of #Fintech. She brings data-driven insights in #customeracquisition trends, #regulatorysatisfaction, and areas for improvement like #FinancialLiteracy and compliance costs. 📽 bit.ly/4fWyHQZ

🔎 What’s next for #FinTech in Europe and globally? A sector shaped by innovation, regulatory shifts and geopolitical tension. Read "Market developments based on digital technologies" by Nico Lauridsen &Nikolas Passos, part of the latest EU-SDFA e-book. 📘 bit.ly/46CqZe4

⁉️How crucial is efficient manipulation of large #datasets? Afonso Moreira @CMVM_pt discusses the essential role of efficient data manipulation as the foundational step toward building reliable and effective #machine #learning systems. 📽️loom.ly/vVPthDc

Christian Steinert (Ba Fin) talks about #cryptocustodians, firms responsible for securely storing private keys to digital assets, facing growing #cyberthreats like theft or loss of assets, but also weak internal processes rather than technology itself. 📽️ bit.ly/458CJ6F

⁉️Why is third-party risk management important? 🔍Emran Islam @IMFNews emphasises that as financial institutions become more reliant on third-party service providers, managing that risk is a cornerstone of operational #resilience & financial #security. 📽️ bit.ly/40JSzSM

🚀 Last week workshop Digital Sandboxes and Financial #Supervision was held @BankofGreece in Athens. 20 participants from #NCAs explored how these powerful tools can enhance financial #supervision foster #innovation & strengthen crossborder collaboration 👉bit.ly/40iSw06

✈️ Last week, we flew to Paris for a workshop on #BigTechs organised by @EBA_News 💻 Participants explored the potential implications of BigTechs in the #EU financial sector, with a focus on areas requiring supervisory attention and coordination. 👉bit.ly/401GsjF

🔍 Emran Islam @IMFNews highlights the growing importance of #cyber #supervision in the financial sector, to ensure financial institutions align with regulatory frameworks and maintain robust #cybersecurity practices. Watch 📽️bit.ly/3HC8cFh