However, digital transformation has taken on a different dynamic as a result of recent technological breakthroughs in fields such as machine learning, process automation and distributed ledger technology. We therefore decided to examine more closely the potential and possible applications of these new technologies.
Rarely have two simultaneous objectives, coming from opposite sides of the decision chain, from the regulator on the one hand and from the regulatee on the other, meshed so well to trigger an important change in the banking landscape. The effects of the change will translate into more muscle for both the Bank of Mauritius and Barclays.