BoG Wins FinTech Policy Of The Year Award
The Bank of Ghana (BoG) has bagged the Central Bank’s 2022 Policy of the Year Award, an award category of Annual FinTech RegTech Global Awards organised by Central Banking.
BoG says it won the award due to its remarkable development of a Supervisory Intelligence Platform, which aims to streamline the collection and analysis of granular data from regulated FinTechs.
“The platform also enhances the Bank’s capabilities for evidence-based policy interventions in the dynamic digital financial service ecosystem”, the Central bank of Ghana said in a statement.
Governor of the Central Bank, Dr Ernest Addison in his address said the purpose of Supervisory Intelligence Platform “is not to follow trends; but to create solutions that are unique, tailored, and adaptable to one’s ecosystem. I wish to express the Bank’s gratitude to Central Banking for the recognition of this innovative policy tool, which was borne out of our quest to promote inclusive innovation in a safe and secure environment”.
He is hopeful that the award will spur the bank to develop additional innovative ways to further enhance regulation and supervision of Ghana’s thriving digital financial service ecosystem.
The scheme is an initiative of Central Banking to recognise the technological achievements of central banks, supervisors, and commercial tech providers worldwide.
On June 14, 2022, Central Banking unveiled the winners of its Fifth Annual FinTech RegTech Global Awards.
Source: opemsuo.com/Hajara Fuseini
