The Central Bank, together with KPMG, held the second RegTech Forum aimed at fostering a unified culture of data management in the financial sector.
Panel discussions focused on developing data management systems that serve as the foundation for strengthening banking stability, regulatory transparency, and trust between the regulator and the financial market. The creation of unified standards reduces the reporting burden on commercial banks, improves the accuracy and speed of information exchange, which in turn accelerates decision-making and reduces risks.
The event highlighted the active participation of Xalq Bank, Asakabank, Turonbank, and Ipoteka Bank in the field of data management and the implementation of advanced practices.