Introducing an Intelligent Regulatory Framework Based on Suptech project in Capital Market of Iran

Nowdays, due to the speed of technological progress, the process of digitization has prevailed in all fields and has led to the emergence of a hot topic in the financial field called supervisory technology (Suptech). For this reason, it is necessary to evaluate the challenges of the current regulatory system, capabilities and implementation guidelines of the Suptech project in the Iranian capital market in order to improve the regulatory system and make it smarter. In terms of purpose, this research is practical and in terms of its nature, it is a qualitative research based on category analysis technique and based on semi-structured interviews with 13 experts and specialists in order to answer the research questions. The findings of this research in the capabilities section is the four-level model with fourteen main categories and in the guiedlines section is the three-level model with twelve main categories in the form of a program, actions and accelerator. In general, according to the findings obtained from the mental models and opinions of experts, the step-by-step implementation of Suptech project in the capital market of Iran is suggested. This research is one of the first internal studies that examines the various aspects of the operationalization of Suptech project in the capital market of Iran.