Bahrain FinTech Bay: RegFact conference hailed a success

The event brought together local and global regulators, policy makers and policy advocates

Manama, Bahrain - RegFact 2019 was held yesterday at the Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain. The event brought together local and global regulators, policy makers and policy advocates in the regulatory technology industry, and 250 delegates from various financial and governmental sectors in Bahrain, and the MENA region.

The one day event included insightful sessions on Bahrain’s Regulatory Landscape, Streamlining the compliance process, open banking and technology, The Way Banks Work with FinTechs, The Importance of Data Protection, Cybercrime and Identity Theft, and the growing role of FinTech.

RegFact kicked off by an introduction from Jonathan Dunsmoor, Founder, Dunsmoor Law, P.C. with welcoming remarks by Khalid Saad, CEO, Bahrain FinTech Bay, and David Parker, Executive Director, Financial Services, Bahrain Economic Development Board.

Keynote speakers included Avere Hill, Co-Founder & Managing Director, Cynopsis Solutions, Kannan Rasappan, Founder & CEO, Banfico, Buthaina Amin, Director, Legal Affairs, Bahrain Economic Development Board, Charles Julien, International Business Development, JenID Solutions GmbH, and Chia Tek Yew, Partner, Financial Services Consulting, KPMG Singapore.

The event featured interactive panels, with a focus on the Way Banks Work with FinTechs with speakers Yasmeen Al-Sharaf, Head of FinTech & Innovation, Central Bank of Bahrain, and Steve Kirsch, CEO, Token, which was moderated by Abdulla Almoayed, CEO, Almoayed Technologies. In addition, the second panel focused on governance, and the Growing Role of RegTech with Jehanzeb Awan, Founder & CEO, Azakaw Chia Tek Yew, Partner, Financial Services Consulting, KPMG Singapore, Henri-Christian Hartloff, VP Sales, TAIGER, and Shaikh Salman Bin Mohammed Al Khalifa, Deputy CE, Operations & Governance, IGA. The Panel was moderated by Karan Ponnudurai, Group Chief Digital Officer, Batelco Group.

The event concluded with a successful workshop on Executive Training on AI & Automation by Bahrain FinTech Bay’s Venture Acceleration Platform partner, TAIGER conducted by Henri-Christian Hartloff, VP Sales, TAIGER attended by senior and executive level industry leaders in Bahrain.

Commenting on the event, Khalid Saad, CEO of Bahrain FinTech Bay said: “We are delighted that the first edition of our RegFact conference has concluded successfully and we would like to take this opportunity to thank our sponsors and partners for their support and commitment. RegFact brought together regulators, financial institutions, FinTechs and others to discuss the latest developments and provide key insights into the world of regulatory technology in a collaborative manner. As Bahrain’s FinTech ecosystem continues to develop, RegTech will play an increasing role in such development moving forward.”

Source: Zawya