Joseph Joshy is the Chief Technology Officer and Head - FinTech Department at International Financial Services Centres Authority (IFSCA), a unified financial sector regulator for IFSCs established as a statutory authority by the Government of India.
He is a Senior Technology Leader driving FinTech, Supervisory Technology (SupTech) and other strategic initiatives including contributing to the FinTech Agenda at India UK Financial Partnership, India US Financial Regulatory Dialogue, India Japan Macroeconomic Policy Dialogue, Joint Working Groups on FinTech between India and countries namely Singapore and UK, Global Financial Innovation Network (GFIN), Inter Regulatory Technical Group (IRTG) on FinTech under the Financial Stability and Development Council - SubCommittee (FSDC - SC), FinTech bridges with Overseas Regulators [like Monetary Authority of Singapore (MAS)] among others.
Prior to this stint, he was part of the Management team (Sr Vice President and Vertical Head) that co-founded Reserve Bank Information Technology (ReBIT), the IT Subsidiary of Reserve Bank of India, India’s Central Bank. Joshy had worked on RBI’s Technology Vision with the Information Technology Sub-Committee of the Central Board of the RBI. He was associated with numerous Technology Projects and Initiatives for the Reserve Bank of India across 25+ Departments spanning across Inspection, Supervision, Enforcement, Risk Monitoring, Currency Management, Foreign Exchange, Consumer Education and Protection among others. He was member of more than 20+ Technical Advisory Groups, Committees and SubCommittees at Reserve Bank of India.
He is an experienced professional with more than 2+ decades in technology, consulting and delivering transformational technology projects for Government/Regulators and Fortune 100 clients with stints in the US, Canada and Mexico. During his tenure with a Tier-1 IT MNC, he had managed a portfolio size of more than 100+ MUSD with 450+ team size across different time zones and geographies spread across US, UK, LATAM (Mexico, Brazil, Argentina, Chile, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua), Philippines, China and India. He was also involved with the Start-up Ecosystem and has experience in setting up a Technology Business Incubator as its CEO.
Roundtable 2
Invite-Only
Artificial intelligence (AI) presents the opportunity to revolutionise financial services, and change how operations, risk management, and customer engagement can be conducted. With most global financial institutions already embracing AI, the industry is poised for transformative change.
This roundtable promises a dynamic exchange of ideas between top regulators and leading financial institutions from Asia and Europe, focusing on the latest trends, challenges, and opportunities surrounding AI and its regulation on a global scale. Participants will delve into the dual perspectives: that of financial institutions striving to embrace this technology as swiftly as possible, and the regulator's viewpoint on the burgeoning demand for specific AI regulation.
Two key questions will be explored by participants:
- What can financial institutions expect from regulators as they navigate their AI journeys (including both hard laws and best practice guidelines)?
- How can we create the right conditions to catalyse responsible AI innovation and experimentation?
Through this discussion, we aim to uncover common ground and formulate a path that encourages and supports AI innovation and experimentation in financial services, while simultaneously establishing the necessary safeguards and mechanisms to ensure ethical and responsible AI practices.
Hall 5, Singapore EXPO
Premium
In this masterclass, take a deep dive into the GIFT International Financial Services Centre - India's first and only foreign jurisdiction. Discover the Centre's journey so far, the Competitive Tax Regime, as well as the regulatory landscape it strives to create.
Learn about the unique regulatory framework developed for FinTechs, TechFins and Accelerators, the FinTech bridges between domestic and international regulators for referrals, and incentive schemes available for FinTechs, TechFins and Accelerators, both Indian and foreign.
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