Leaders in the regulatory technology industry are to be brought together to discuss the Bahrain Regulatory Landscape, regulation transformation, adoption and implementation within the region.
RegFact will be held on February 25 from 8am to 4pm at The Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain.
Khalid Al Saad, CEO of Bahrain FinTech Bay, said: “We are delighted to be hosting RegFact, Bahrain FinTech Bay’s second conference. RegTech, which is the intersection of regulations and technology is not only standardising regulation but also increasing transparency, consistency and lowering cost. It is transforming not only financial services but industries overall globally.
“With RegFact, we aim to make sense of this transformation and what it means to you. RegFact is a regulatory technology platform comprising of local and global regulators, policy makers and policy advocates.
“The platform aims to find solutions and promote best the innovative RegTech practices in a collaborative, open and transparent manner. RegFact will be a day of inspiring talks and networking with key players in the policy and RegTech community.”
The one-day event aims to provide financial services players with insightful perspectives, and highlight the significance on the processes relating to regulatory compliance in a collaborative, open and transparent manner.
The event will include a set of programmes which build on RegTech including interactive panels, speakers, country case studies, and an in-depth technical and business training track.
The event is dedicated exclusively to the regulation and compliance ecosystem targeted at regulators, senior executives responsible for risk, compliance, financial institutions, technology vendors as well as industry thought leaders and consultants. “In addition, it will create a platform to exchange ideas and carry out dialogue on the use of RegTech tools, challenges and implications,” the organisers added.
As earlier reported in FinTech Focus, Bahrain FinTech Bay is a leading FinTech Hub in the Middle East, located cin the Arcapita building. It partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups in a bid to help bring the full spectrum of financial market participants and stakeholders together.