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RegTech and SupTech

In order to provide effective and high-tech regulation and supervision, the Bank of Russia worked out a SupTech and RegTech action plan (roadmap) that includes pending projects and initiatives that accommodate the proposals of financial market participants.

The implementation of the action plan will:

  • reduce the regulatory burden of supervised entities;
  • raise the quality of the Bank of Russia’s control and supervision efforts;
  • optimise financial market participants’ compliance with Bank of Russia requirements.
Department responsible for publication: Financial Technology Department
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Last updated on: 10.09.2020