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ARTICLE · 26 NOVEMBER 2020

FINCONET Issues Report On SupTech Tools For Market Conduct Supervisors

McCarthy Tétrault
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The International Financial Consumer Protection Organisation (aka FinCoNet) issued its report on SupTech Tools For Market Conduct Supervisors at its virtual annual general meeting in November 2020.

CanadaConsumer Protection
TechLex Blog
TechLex Blog
Lucie Tedesco
Lucie Tedesco
Ana Badour
Ana Badour
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The International Financial Consumer Protection Organisation (aka FinCoNet) issued its report on SupTech Tools For Market Conduct Supervisors at its virtual annual general meeting in November 2020. FinCoNet is an international organisation of supervisory authorities which have responsibility for financial consumer protection. FinCoNet promotes sound market conduct and strong consumer protection through efficient and effective financial market conduct supervision. The Financial Consumer Agency of Canada (FCAC) and the Authorité des marchés financiers du Québec (AMF) are members of FinCoNet.

The FinCoNet report comes on the heels of the Financial Stability Board's1 own report, discussed in a prior post, on the use of SupTech and RegTech by authorities and institutions and presents the findings of a survey its administered to 21 market conduct authorities2 around the globe. The survey included questions related to cutting-edge technologies that enhance supervision as

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