According to PYMNTS, Marlene Amstad, Chair of the Swiss Financial Market Supervisory Authority (FINMA) and Chair of the International Organization of Securities Commissions (IOSCO), said that regulators are accelerating the adoption of AI and regtech tools, including tools used for crypto market supervision. The report states that FINMA has developed a real-time crypto monitoring dashboard that combines the number of crypto assets reported quarterly by institutions with daily market prices, to identify excessive concentration of crypto exposure in a single institution, as well as operational risks caused by tokens concentrated on a single blockchain. Amstad also said that FINMA is developing generative AI tools to scan regulatory documents before on-site inspections and flag anomalies; relevant recommendations will be reviewed by a second AI tool before being handed over to regulators.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
BlackGoldMechanicalHand
· 3h ago
FINMA’s move is impressive: a real-time monitoring dashboard plus dual AI review—RegTech is finally more than just a catchphrase.
View OriginalReply0
PocketValidator
· 3h ago
Generative AI scans regulatory documents and then reviews them again. Efficiency has improved, but could AI reviewing AI have systemic blind spots?
View OriginalReply0
TwoFactorZen
· 3h ago
Addressing both cryptocurrency exposure concentration and on-chain operational risk shows that FINMA truly understands where the pain points of this industry lie.
View OriginalReply0