Our hybrid programming for Wednesday, March 16, included two sessions, AI Public Forum x RegTech22 Data Summit. The day kicked off at 9:00 a.m. EDT with a Public Forum on Accelerating AI in the Public Sector and then transitioned to a private summit at 12:00 p.m. EDT, RegTech22 Data Summit, which focused on how regulatory technologies can improve CX in government. The day wrapped up with a cocktail reception! Attendees were invited to join the AI Forum, RegTech22 Data Summit, and networking reception.
Watch Recording
On the morning of Wednesday, March 16, the Data Coalition Initiative hosted a public forum for industry, academia, non-profits, state and local governments, and the general public to share perspectives and hear recommendations for how to best use AI in public sector regulation.
The national policy framework for advancing the use of AI research and adoption in government advanced rapidly in recent years: Congress passed the National AI Initiative Act and the AI in Government Act, and the Biden Administration launched the National AI Research Resource Task Force, among other actions. These policy actions demonstrate a firm belief from Congress and the White House that AI and machine learning hold tremendous potential for improving how the government delivers services to the American people.
The White House issued a new executive order in late-2021 calling on federal agencies to intentionally prioritize customer experience (CX) and how the government interacts with the American public. Regulatory technologies offer approaches for vastly improving how businesses big and small, consumers, and investors interact with the information acquired by the government through regulatory processes. By applying a CX lens to the growing RegTech field, the RegTech22 Data Summit intentionally provided new perspectives about potential innovations in government regulation that benefited those providing oversight as well as make processes for regulated entities more efficient, all while providing the American people with open data resources for accountability, effective decision-making, and responsible privacy protective environments.
The Data Coalition’s RegTech22 Data Summit in Washington, D.C., presented by Donnelley Financial Solutions (DFIN), brought together government, private sector, non-profit, and academic experts who discussed key opportunities in RegTech.
These questions and more were addressed during the RegTech22 Summit.
9:00 a.m. Opening Remarks
9:15 a.m. Panel 1
9:45 a.m. Panel 2
10:15 a.m. Break
10:25 a.m. Panel 3
11:00 a.m. Remarks from Government
Julius Chang, Director of Innovation, GrantSolutions, HHS Office of Grants
11:10 a.m. Panel 4
11:45 a.m. Closing Remarks
11:30 a.m. Registration, Lunch, and Networking
12:30 p.m. Opening Session and Keynote
1:00 p.m. Panel 1: Data Accessibility and Customer Experience with Financial Regulators
Federal agencies like the Commodity Futures Trading Commission (CFTC) and the Consumer Financial Protection Bureau (CFPB) have elevated the use of data standards and innovative technologies, as well as revised internal data management systems to improve interactions with regulated entities, communications with regulators and oversight bodies, and the public. In a rapidly evolving regulatory environment, data are extracted from digital and paper compliance reports submitted to agencies from regulated entities. Working together to provide reliable, secure, and quality data to regulators, private companies like Guardum employ regulatory technologies to improve data accuracy, security, and reporting efficiencies. This panel will highlight RegTech and data management strategies being implemented across the financial services sector and in government to improve data quality, use of customer-friendly technologies to improve customer experience (CX), assess risk, and ensure transparency in government oversight.
1:45 p.m. Networking Break
2:00 p.m. Panel 2: Using RegTech to Improve Climate Data Reporting, Access, and Analysis
As government agencies and organizations across the world plan for changes in the environment, data has a crucial role to play in identifying policy opportunities to address the implications of climate change. During this panel, data experts representing both the public and private sectors, including the Federal Energy Regulatory Commission (FERC), International Monetary Fund (IMF), and SAP, will discuss the potential of emerging regulatory technology applications to inform data strategies and improve approaches to make data more accessible and transparent. Panelists will consider how open access and data sharing can benefit regulated entities, consumers, and the public, particularly in the context of ESG topics, discussing topics ranging from standardized reporting requirements to developing large-scale analytical platforms.
2:45 p.m. Afternoon Keynote: When Congress Presses Ctrl-P: Improving Legislative Output
3:00 p.m. Panel 3: Improving Citizen Engagement and Transparency in Rulemaking Using RegTech Solutions
Administrative implementation and adoption of laws are meant to prompt regulatory processes and designed to be participatory and elicit feedback from a range of perspectives across the American public, though in practice there is much to be improved upon. This discussion will explore how RegTech solutions and emerging technological approaches can be adapted to encourage improved citizen engagement in government’s rulemaking processes, facilitating transparency, accountability, and improve rulemaking in agencies to foster more equitable participation. Using existing technologies, including AI and advanced analytic systems, and implementing data frameworks that standardize reporting requirements, RegTech solutions have the potential to transform how the government monitors regulations, analyzes submitted comments and information, and interacts with the American public on regulatory actions. This panel will discuss how RegTech solutions and approaches can streamline compliance as well as offer insight into the implementation and impact of federal rules, and support transparent regulatory decision-making that encourages the American public to meaningfully engage with their government. Join representatives from the General Services Administration, the Administrative Conference of the United States, and others to hear about the potential of RegTech to improve the federal regulatory ecosystem.
4:00 p.m. Fireside Chat
4:15 p.m. Closing Remarks
4:30 p.m. Cocktail Reception and Networking
Special Policy Sponsor
Additional Sponsors
Exhibitors
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