The Bank for International Settlements’ Financial Stability Institute (FSI) has published an FSI Insights paper outlining a framework and observed good practices for technology-related capacity development in financial supervisory authorities, aimed at helping supervisors keep pace with rapid technological change and use supervisory technology tools effectively. Drawing on a survey of nine authorities, the paper focuses on aligning tech-related learning strategies with institutional mandates and priorities, supported by a dedicated capacity development function that works closely with internal technology specialists. It highlights the role of an innovation-friendly culture and cross-functional collaboration, and promotes structured competency frameworks to identify and address skills gaps, including for artificial intelligence and data capabilities. On delivery, it describes a multi-source approach that combines in-house training with external providers and partnerships (including academia, public-sector training programmes and international bodies), complemented by non-training tools such as secondments, knowledge-sharing networks, hackathons and sandboxes. The paper also stresses assessing effectiveness through feedback and performance measures, noting that productivity and adoption outcomes for suptech-related training can be more directly observed than in other capacity development areas.

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