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4.3 EMBRACING THE DIGITAL AGE
4.3.1 CATALYSING REGTECH
a. Deepen understanding about RegTech within the industry through outreach programmes and industry-wide dialogues.
b. Catalyse RegTech innovation through collaboration with other regulators, market participants and ecosystem players.
c. Encourage the industry to adopt RegTech through education, engagements and joint- implementation of pilot projects.
4.3.2 NAVIGATING EMERGING TECHNOLOGY RISKS
a. Strengthen intelligence capabilities of the SC and the industry to enhance preparedness against potential breaches and imminent threats.
b. Develop an approach to strengthen cyber defence capabilities in the industry.
c. Develop a framework to regulate technology risks more holistically.
d. Develop guidance, setting out principles and standards, on the utilisation of data analytics
and AI.
4.3.3 INTEGRATING DATA AND TECHNOLOGY ACROSS THE REGULATORY VALUE CHAIN
a. Strengthen analytics and predictive capabilities to augment policymaking and risk surveillance.
b. Enhance automation of process workflows to elevate efficiency across regulatory activities.
c. Improve interface with regulated entities and market participants.
CAPITAL MARKET MASTERPLAN 3
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