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Bahrain FinTech Bay is to host the RegFact conference aimed at redefining regulation, in strategic partnership with Tamkeen and the Economic Development Board Bahrain with a speaker line-up that includes American serial entrepreneur Steve Kirsch, CEO of Token, who has started seven companies, and who invented and patented an early version of the optical mouse.
The event will be held to create a platform for regulatory technology innovation within the region and will be hosted on Monday from 8am to 4pm at The Diplomat Radisson Blu Hotel, Residence & Spa, Manama under the patronage of the Central Bank of Bahrain.
The event will be held with Tamkeen and EDB’s support as strategic partners aiming at creating a platform to discuss areas of the regulatory landscape in the region, and provide technologically advanced solutions to the ever increasing demands of compliance within the financial industry.
RegFact is dedicated exclusively to the regulation and compliance ecosystem targeted at regulators, senior executives responsible for risk, compliance, financial institutions, technology vendors and industry thought leaders and consultants
Khalid Saad, CEO of Bahrain Fintech Bay, said: “We are excited to host our RegTech event, RegFact here in Bahrain. RegTech is changing the way firms and regulators interact, address and comply with regulations and is now a major theme of FinTech. As the FinTech ecosystem here in Bahrain and the wider region develops, RegTech will grow in prominence. We are proud of our partnership with the Bahrain Economic Development Board and Tamkeen to deliver RegFact.”
Dr Ebrahim Mohammed Janahi, the chief executive of the Labour Fund Tamkeen, stressed the importance of focusing on the role of regulation transformation as part of sustainability.
“One of the most important elements that foster economic growth is the regulatory framework in which activities are able to take place,” he said. “We are keen to partner up with the EDB and Bahrain Fintech Bay in delivering RegFact; this comes in line with our vision to develop and support Bahrain’s ecosystem by delivering the benchmarkable insight of the leaders of RegTech innovation.”
RegFact will bring leaders leading the way in RegTech innovation and adoption to discuss the Bahrain Regulatory Landscape, regulation transformation, adoption and implementation within the region, and much more.
The event will include a set of programmes which build on RegTech including interactive panels, speakers, country case studies, and an in-depth executive business training track.
The line-up includes Khalid Hamad, executive director of banking supervision, Central Bank of Bahrain, David Parker, executive Director, Financial Services, Bahrain Economic Development Board and Karan Ponnudurai, Batelco’s group chief digital officer, amongst others.
The one-day event will provide financial services players’ insightful perspectives, and highlight the significance on the processes relating to regulatory compliance in a collaborative, open and transparent manner.
