CBN, EFCC, ICPC To Attend NDIC’s Financial System Stability Conference

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Participants drawn from the Central Bank of Nigeria, Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission are to attend the international virtual conference on “Financial System System Stability and Emerging Risk Conference.

The International Virtual Conference, which is being organised by the Nigeria Deposit Insurance Corporation (NDIC), will hold on Thursday, October 22 and Friday, October 23.

The NDIC, in a statement issued in Abuja, listed other participants for the conference as the Nigerian Financial Intelligence Unit, Chartered Institute of Bankers of Nigeria, and FITC, among others.

NDIC

“The conference, brings together speakers & participants from the International Association of Deposit Insurers (IADI), World Bank, International Monetary Fund (IMF), sister deposit insurers. supervisory & resolution authorities, as well as professionals & practitioners in the financial systems across the globe.

“The conference is part of an effort to promote knowledge and experience sharing amongst key stakeholders on FinTech, as well as provides an opportunity to promote broad discussion on policy options to address emerging risks and opportunities associated with FinTech,” the NDIC said in a statement signed by the Director, Communications and Public Affairs of the Corporation, Bashir Nuhu.

The two-day conference is expected to address pertinent topics such as: How Big Tech and Asian Banks are Reinventing Banking; Emerging Issues on Cyber Risks; Artificial Intelligence and Machine Learning, and Consumer Protection in the Fintech era.

Other topics to be addressed are: the use of Regulatory and Supervisory Technologies as Early Warning Signals; Regulation of Fintech Payment Service Banks (P535), and identifying the Potential Impact of Disruptive Technologies on On-Site Supervision.

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