These improvements in transparency are a necessary response to the recent corporate scandals and will help strengthen corporate governance in years to come. Financing Patterns and Corporate Governance My remarks thus far have centered on the situation in the United States, but corporate governance is clearly an international issue.
SupTech is currently found primarily in two areas: data collection and data analytics and helps supervisory authorities to digitise reporting and regulatory processes, resulting in more  -7-  efficient and proactive monitoring of risk and compliance at financial institutions. FinTech, RegTech and SupTech are all new innovations that we need to embrace.