In our second meeting, a global group of regulators, firms and suppliers discussed the changes in the regulatory building blocks required and quickly identified components which could be assembled to define a new paradigm for risk information collection. The next meeting will focus on a new paradigm for collecting risk information from a digital system…

Minutes from a 5 October Chatham House rule discussion of the foundational building blocks for the next generation of regulatory reporting and a fresh look at the broader frame for SupTech with the aim of creating a paper by December which looks at the broader SupTech challenges and sets priorities for 2022.  

Presentation from SIG meeting on 27 September to review updates to JWG's AI control framework, review third party risk management (TPRM) regulatory requirements and scope the impact on 2 reference surveillance use cases.

Minutes from a 16 September June Chatham House rule discussion of the priorities and approach to organizing a multidisciplinary discussion on a fresh look at the broader frame for SupTech with the aim of creating a paper by December which looks at the broader SupTech challenges and sets priorities for 2022  

In our first meeting, a global group of regulators, firms and suppliers discussed the changes in the regulatory reporting story, the building blocks required, stakeholders to engage and the collaborative mode of working we would like to establish. At this next meeting we will start with 4  building blocks, identify targets and highlight gaps to…

Financial services are digitizing fast but there is much more public and private sectors can do to deliver reporting controls which fulfil supervisory mandates in a digital age. With support from top regulators, financial institutions, and vendors JWG is launching a task force to 1) define a future target operating model for the regulatory reporting…

Following a great discussion about the major surveillance AI control gaps highlighted by JWG’s July research  the FATF and BIS have both published complementary AI policy papers.   With penalties of up to 6% of annual revenue 500 working days away, we have decided to build RegTech AI surveillance use cases to: Tease out the…

Presentation from SIG meeting on 27 July to review updates to the trade surveillance regulatory agenda, review global artificial intelligence gaps and agree next steps.

JWG’s 2021 regulatory reporting research programme has concluded that the industry needs to step back and agree the digital vision for regulatory reporting. So far this year we have had over 20 firms, 10 suppliers, 7 regulators, 5 trade bodies and 3 academic institutions help align ‘top down’ and ‘bottom up’ risk data collection challenges…

Minutes from a 17 June Chatham House rule discussion of a new framework to tackle risk data collection challenges in the digital age in the context of the EBA’s discussion paper on integrated reporting and to determine next steps.