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Bahrain FinTech Bay to host RegFact: Redefining Regulation in strategic partnership with Tamkeen and

Bahrain Fintech Bay is delighted to announce their strategic partnership with Tamkeen and the Economic Development Board Bahrain for the upcoming RegFact conference. Bahrain Fintech Bay will be hosting RegFact held on February 25th, 2019 from 8:00am – 4:00pm in The Diplomat Radisson Blu 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.

Commenting on the partnership, Khalid Saad CEO 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. 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 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.

Source: BizBahrain

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