<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The paper aims at the identification and analysis of major issues facing financial sector supervision resulting from the digitalization of financial markets and the digitalization of supervisory architecture with the tool box applied. It is based on the desk research using foremostly industrial studies which provide necessary information on the current international accomplishments and plans. The paper indicates a growing application of new supervisory tool box and digital-based suptech instruments. It is reinforced by increased digitalization of supervisory analytics, application of big data, and artificial intelligence. Digitalization involves additionally changing relationships between supervisors and supervised entities. The findings of the paper allow for better understanding of the necessary adaptive actions to be taken by both supervisors and supervised entities. The issues raised by the paper are poorly documented by current research and may constitute a contribution to further research in the area.</p>
</abstract>

The paper aims at the identification and analysis of major issues facing financial sector supervision resulting from the digitalization of financial markets and the digitalization of supervisory architecture with the tool box applied. It is based on the desk research using foremostly industrial studies which provide necessary information on the current international accomplishments and plans. The paper indicates a growing application of new supervisory tool box and digital-based suptech instruments. It is reinforced by increased digitalization of supervisory analytics, application of big data, and artificial intelligence. Digitalization involves additionally changing relationships between supervisors and supervised entities. The findings of the paper allow for better understanding of the necessary adaptive actions to be taken by both supervisors and supervised entities. The issues raised by the paper are poorly documented by current research and may constitute a contribution to further research in the area.

Financial Sector Supervision in Digital Age: Transformation in Progress

Foundations of Management

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Financial Sector Supervision in Digital Age: Transformation in Progress"}

The paper aims at the identification and analysis of major issues facing financial sector supervision resulting from the digitalization of financial markets...

Financial Sector Supervision in Digital Age: Transformation in Progress

Online veröffentlicht: 04. Apr. 2022

Seitenbereich: 25 - 36

DOI: https://doi.org/10.2478/fman-2022-0002

Schlüsselwörter
supervisory system, suptech, reporting process, supervisory reports, big data and artificial intelligence in supervision

© 2022 Jan Monkiewicz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Figure 1

Financial Sector Supervision in Digital Age: Transformation in Progress

Online veröffentlicht: 04. Apr. 2022

Seitenbereich: 25 - 36

DOI: https://doi.org/10.2478/fman-2022-0002

Schlüsselwörtersupervisory system, suptech, reporting process, supervisory reports, big data and artificial intelligence in supervision

© 2022 Jan Monkiewicz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Figure 1

Schlüsselwörter
supervisory system, suptech, reporting process, supervisory reports, big data and artificial intelligence in supervision