RegTech Africa Convention: NITDA to Harp on Nationwide Digital Financial system Insurance policies & Requirements Amid Digital Revolution – CoinCheckup Weblog


With give attention to regulatory imperatives on monetary inclusion, shopper safety and cybersecurity

LAGOS – NIGERIA: The Nationwide Info Know-how Improvement Company (NITDA) shall be highlighting key requirements, tips and frameworks for the event, standardization, and regulation of knowledge know-how practices within the face of world digital revolution on the 2023 RegTech Africa Convention.

Kashifu Inuwa Abdullahi, Director Normal, NITDA who confirmed attendance on the RegTechAfrica Convention would focus on Info Know-how coverage aims and supply frameworks inside which the insurance policies are applied. 

On the convention, Inuwa alongside aspect different audio system would focus on points that assist cross the divide between regulatory reporting and know-how spectrums, and in addition take a look at completely different approaches through which know-how and knowledge might scale back the complexities in regulatory reporting thereby growing operational efficiencies. 

The convention which is scheduled between Could 24 to 26, 2023, may also give attention to the nationwide imperatives for shopper safety within the wake of rising shift to digital economies and related challenges of cybercrime, which is among the rising threats going through the worldwide economies as a complete.

The maiden version of the convention held in partnership with the Invoice & Melinda Gates Basis, was massively profitable and boasts of high-level illustration of companies and regulators throughout key sectors reminiscent of monetary companies, know-how, telecommunications and Enterprise capital corporations.

Some audio system who already confirmed attendance on the occasion embrace Phillip Chitalu, Chief Govt Officer, Securities and Alternate Fee, Zambia; Ayisat Agbaje, Senior Particular Assistant to the Governor on Improvement Partnership and Financial Planning, Lagos State and Yilebes Addis, CEO of EthSwitch S.C, Ethiopia; Winnie Wambugu, Cell Cash Regulatory Specialist at GSMA; Dr. Yele Okeremi, CEO Exact Monetary Methods (PFS); Branka Mracajac, CEO, 9PSB; Dr. Raoul Herbourg, MD Giesecke+Devrient, Africa and Femi Jaiyeola, Group Chief Conduct and Compliance Officer, Entry Financial institution Plc.

Cyril Okoroigwe, the convener of RegTech Africa Convention, stated with the worldwide Regtech market reaching over $10Billion this yr, main corporations within the Regtech market and monetary companies sector are specializing in product improvements in an effort to develop their services and products portfolio and acquire a aggressive edge. 

In keeping with Okoroigwe, the truth of a harsh financial setting the world over has made it demanding to maximise value efficiencies, enhance necessities for sustainability in addition to present an more and more heterogeneous monetary market panorama.

The convention will function an expansive line-up of stellar audio system, case research, panel discussions, displays offering entry to a wealth of industry-leading data sharing greatest practices and experiences, spotlighting traits, data alternate, insights and outlooks with actionable takeaways.

The occasion is targeted on attracting prime professionals with curiosity in laws, compliance, know-how, fraud, threat, monitoring, reporting, monetary crime, cyber safety, knowledge administration and identification administration.

Know-how service suppliers will share their data, invited businesses of presidency at federal and state ranges will share insights and showcase use instances of their domains, whereas worldwide consultants will present views on worldwide greatest practices and use instances.

NITDA is remitted by the Nationwide Info Know-how Improvement Act (2007) to ascertain requirements, tips and frameworks for the event, standardization and regulation of Info Know-how practices in Nigeria.

NITDA has revealed a number of devices and screens their compliance for the event of knowledge know-how in Nigeria. The devices serve at least benchmark within the improvement and implementation of knowledge know-how in Nigeria and enforceable by regulation.

RegTech Africa Convention is the premier Convention on Regulatory Companies Innovation and Excellence with give attention to Africa. It offers the platform for regulators, regulated and key {industry} stakeholders to have interaction, collaborate and share data round new applied sciences and practices that assist higher laws.

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