The National Information Technology Development Agency (NITDA) will highlight key standards, guidelines and frameworks for developing, standardising, and regulating information technology practices in the face of the global digital revolution at the 2023 RegTech Africa Conference.
Kashifu Inuwa Abdullahi, Director General, NITDA, who confirmed attendance at the RegTechAfrica Conference, would discuss Information Technology policy objectives and provide frameworks for implementing the policies.
At the conference, Inuwa, alongside other speakers, would discuss issues that help cross the divide between regulatory reporting and technology spectrums and look at different approaches in which technology and data could reduce the complexities in regulatory reporting, thereby increasing operational efficiencies.
The conference scheduled between May 24 to 26, 2023, will also focus on the national imperatives for consumer protection in the wake of the emerging shift to digital economies and associated challenges of cybercrime, one of the emerging threats facing the global economies as a whole.
The maiden edition of the conference, held in partnership with the Bill & Melinda Gates Foundation, was hugely successful and boasted of high-level representation of businesses and regulators across key sectors such as financial services, technology, telecommunications and Venture capital companies.
Some speakers who have already confirmed attendance at the event include Phillip Chitalu, Chief Executive Officer Securities and Exchange Commission, Zambia; Ayisat Agbaje, Senior Special Assistant to the Governor on Development Partnership and Economic Planning, Lagos State and Yilebes Addis, CEO of EthSwitch S.C, Ethiopia; Winnie Wambugu, Mobile Money Regulatory Specialist at GSMA; Dr Yele Okeremi, CEO Precise Financial Systems (PFS); Branka Mracajac, CEO, 9PSB; Dr. Raoul Herbourg, MD Giesecke+Devrient, Africa and Femi Jaiyeola, Group Chief Conduct and Compliance Officer, Access Bank Plc.
More about the REGTECH Africa Conference
Cyril Okoroigwe, the convener of the RegTech Africa Conference, said with the global Regtech market reaching over $ 10 billion this year, leading companies in the Regtech market and financial services sector are focusing on product innovations to expand their products and services portfolio and gaining a competitive edge.
According to Okoroigwe, the reality of a harsh economic environment the world over has made it demanding to maximise cost efficiencies, increase requirements for sustainability, and provide an increasingly heterogeneous financial market landscape.
The conference will feature an expansive line-up of stellar speakers, case studies, panel discussions, and presentations providing access to industry-leading knowledge-sharing best practices and experiences, spotlighting trends, information exchange, insights and outlooks with actionable takeaways.
The event focuses on attracting top professionals interested in regulations, compliance, technology, fraud, risk, monitoring, reporting, financial crime, cyber security, data management and identity management.
Technology service providers will share their knowledge, invited government agencies at federal and state levels will share insights and showcase use cases in their domains, and international experts will provide perspectives on international best practices and use cases.
NITDA is mandated by the National Information Technology Development Act (2007) to establish standards, guidelines and frameworks for developing, standardising and regulating Information Technology practices in Nigeria.
NITDA has published several instruments and monitors their compliance for developing information technology in Nigeria. The instruments are enforceable by law as a minimum benchmark in developing and implementing information technology in Nigeria.
RegTech Africa Conference is the premier Regulatory Services Innovation and Excellence Conference focusing on Africa. It provides a platform for regulators, the regulated, and key industry stakeholders to engage, collaborate, and share knowledge about new technologies and practices supporting better regulations.
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