Regulatory Innovation and Adoption

 

Tuesday 30th May 2023 

With: 

| Carmen Barandela, Bank of England Prudential Regulation Authority (PRA)

Johannes Turner, Director of the Department of Statistics, Austrian National Bank

 

The regulatory landscape is rapidly evolving, but what benefits does innovation offer, and how can organisations achieve the right balance between embracing innovation and ensuring consistency with relevant regulatory frameworks? 

The regulatory landscape is rapidly evolving, but what benefits does innovation offer, and how can organisations achieve the right balance between embracing innovation and ensuring consistency with relevant regulatory frameworks? 

In this session of the Suptech Broadcast moderated by Thomas Nilsson, guests Carmen Barandela (Bank of England PRA) and Johannes Turner (Austrian National Bank) focused on the challenges, initiatives and best practices in achieving efficient data flows, highlighting the importance of data consistency across financial institutions.

The session also explored the role of regulatory innovation in promoting a more effective, efficient and resilient financial system crucial for supporting economic growth as Carmen and Johannes shared their insights, experience and perspectives with us.

 

Watch on-demand: 


 

 

Session #7 Guests

 

Carmen Barandela

Senior Manager, RegTech Data & Innovation, Bank of England Prudential Regulation Authority 

Carmen has over 15 years experience in Technology and holds and MBA and a MSc in Computer Science.

Carmen started her career in Nuclear Physics Research. For over a decade she collaborated with Physicist and Engineers looking for the Higgs Boson by developing cutting edge applications to process the data that finally detected the patterns that led to the Higgs discovery.
After relocating to the UK, Carmen joined the Technology department in the Bank of England, where she led the first big data projects done in the organization.

After 5 yeas in Technology, Carmen was part of the team that evaluated the technological feasibility of the digital pound, where Carmen led the work on designing an API layer that could enable the settlement of digital pound transactions.

Recently Carmen has joined the RegTech Data and Innovation Division where she is responsible for the delivery of the RegTech strategy. Carmen is also responsible for driving the external engagement with other organizations to gain a better understanding of the developments in the Data and RegTech space.

Johannes Turner

Director of the Department of Statistics, Oesterreichische Nationalbank

Johannes Turner is Director of the Statistics Department of the Oesterreichische Nationalbank (OeNB), which is in charge of compiling and analyzing monetary, interest rate, supervisory and external statistics, of maintaining Austria’s Central Credit Register and of generating company ratings. 

He is a member of the ESCB Statistics Committee (STC) and Austrian representative on the Committee on Monetary, Financial and Balance of Payments Statistics (CMFB) in Luxembourg. Since 2019 he has been president of the European Committee of the Central Balance-Sheet Data Offices (ECCBSO). He is a member of the European Recovery

Program (ERP) Audit Committee and an Advisory Board Member of the Statistics Council at Statistics Austria, since 2020 chair of the quality committee of the Statistics Council Austria. In 2019/2020, he chaired the Task Force from Micro to Macro and from Macro to Micro data, which aims at enhancing the classification of the large volumes of available microdata to allow for better data utilization.

 

 

Missed our previous sessions?

 

You can catch up with The Suptech Broadcast on-demand. View all episodes > 

More News

The CBDC Broadcast Session #25

vATM: Enabling Seamless CBDC Adoption    Tuesday 30th April | 3 pm With: | David Chaum (CEO Elixxir.io & Original Founder of XX.network) | Animesh Ghosh (Founder & CEO, Currency Network)   In this session of FNA’s 60-minute webinar series, The CBDC Broadcast, guests David Chaum and Animesh Ghosh join us to offer insight into Currency Network’s vATM solution. We’ll hear […]

The CBDC Broadcast Session #24

Project Helvetia III: Settling Tokenized Assets with a Wholesale CBDC Wednesday 10th April | 2 pm  With: | Thomas Moser  (Alternate Member of the Governing Board, Swiss National Bank) | David Newns (Head of SIX Digital Exchange)   Guests Thomas Moser and David Newns joined FNA to explore the third phase of Project Helvetia, in which the Swiss […]

Inspiring Inclusion: A conversation with FNA’s Chief Scientist, Samantha Cook

Although women have made significant strides in the Science, Technology, Engineering, and Mathematics (STEM) sectors, there is still a considerable gender disparity. According to UNESCO, only 35% of students pursuing STEM subjects in higher education are women. Reducing this imbalance will require conscious efforts from everyone, everywhere. On the back of International Women’s Day, FNA […]
Copyright FNA © 2024 | Privacy Policy