Learning Objectives:

  • Establish governance structures for digital programmes.

  • Manage digital risks, including cybersecurity and data privacy.

  • Ensure regulatory compliance in digital transformation.

6.1 Governance for Digital Programmes

The LSBA curriculum includes “Digital Transformation Ethics and Governance” as a final module . The EuroAfrique course covers “Data Management, Analytics, and Digital Governance” including “Importance of data governance in digital SACCOs” and “Data protection, compliance, and regulatory requirements” . Kanaka’s course includes a dedicated module on “Digital Risk, Governance, and Compliance” covering :

  • Risiko transformasi digital perbankan: Banking digital transformation risks

  • Cybersecurity dan perlindungan data nasabah: Cybersecurity and customer data protection

  • Governance dalam implementasi digital banking: Governance in digital banking implementation

  • Kepatuhan regulasi dan prinsip prudential banking: Regulatory compliance and prudential banking principles

6.2 Regulatory Compliance

Digital transformation must navigate a complex regulatory environment. The Leoron course covers regulations including “Open Banking, PSDII, PCI,” “The European Banking Authority (EBA) Fintech Knowledge Hub,” “GDPR Data privacy,” and “GDPR Breach Notifications” .

6.3 Managing Digital Risk

The Knowledge Academy’s course covers “Risk Management in Digital Transformation” including “Identifying and Mitigating Risks” and “Regulatory Compliance” . The LSBA curriculum includes “Cybersecurity And Resilience In Banking” and “Regulatory Technology (Regtech) And Compliance” . Key digital risks include :

  • Cybersecurity: Protecting against threats and data breaches

  • Data Privacy: Ensuring protection of customer information

  • Operational Risk: Managing risks from new technologies and processes

  • Third-Party Risk: Managing relationships with technology vendors

 

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