The Clap
FRA Chairman Dr. Mohamed Farid said that applications have become the basis for financial inclusion, as well as providing investment & financing services.
What
There have already been tech-enabled initiatives by the FRA, such as decisions to aid in account opening at brokerage companies & ease the distribution of dividends.
So what
The FRA is looking to facilitate operations through the use of technology as much as it can.
Now what
Dr. Farid added that with the adoption of technology in companies’ operations comes the need for adopting technological solutions for regulatory bodies.