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Unlocking smart supervision in the Pacific

The report “Unlocking Smart Supervision in the Pacific” outlines a strategic approach to implement supervisory technology (SupTech) across Pacific Island regulators. The strategic approach addresses capacity challenges through a shared, modular platform that improves financial oversight, inclusion, and consumer protection in the region. This report was published by AFI, and MSC led the diagnostic study and supported the drafting of this report.

The report “Unlocking Smart Supervision in the Pacific” provides a detailed analysis of current regulatory technology readiness among Pacific Island central banks, which identifies institutional, legal, and technical gaps. The report proposes a phased rollout of a collaborative, modular SupTech solution governed by regulators.  The solution is designed to automate data collection, enhance risk-based supervision, and support financial inclusion. This approach emphasizes regional cooperation, cost efficiency, and sustainable innovation. The report seeks to build resilient regulatory frameworks with a measurable impact within two years. 

 

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Written by

jayan-nair

MSC