IOSCO's SupTech sprint yields two digital-asset solutions

IOSCO's first SupTech sprint has put two supervisory solutions for digital-asset markets in front of the Board, and a June survey shows why the brief was market surveillance plus anti-money-laundering and counter-terrorist-financing (AML/CFT) risk. On November 13, 2026, the Madrid secretariat said two multidisciplinary teams had presented those results to the International Organization of Securities Commissions (IOSCO) Board. One solution is designed to improve visibility where trading data sit across exchanges, blockchains and jurisdictions, and the other is designed to strengthen how authorities identify and prioritize AML/CFT risk inside complex transaction chains. In SupTech: Mapping the Use of Technology in Financial Supervision, digital assets drew 35% interest against 18% current use among 49 authorities surveyed in early 2025, the most significant positive gap between appetite and deployment in the study.

Media release IOSCO/MR/23/2026 describes a SupTech Forum that IOSCO launched in 2026, with four SupTech Spotlight Sessions and one sprint in its first year. Policy specialists, supervisors and technical experts from 56 member jurisdictions took part. The Sprint Lab was held in Zurich and the Sprint Build was launched in Mumbai. From September through November 2026, two teams drawn from 28 jurisdictions worked on practical supervisory solutions and showed them to the Board in Madrid. On June 18, 2026, Marlene Amstad, chair of the SupTech Forum and chair of the Swiss Financial Market Supervisory Authority (FINMA), pointed to "the launch of the SupTech Sprint on Digital Assets in Zurich next week," which dates the Zurich start to the following week, while the November release dates the intensive work to September through November.

IOSCO ties the surveillance solution to split data: exchange records, chain records and jurisdictional files each hold a slice of trading activity, which limits what any single authority can see. It ties the AML/CFT solution to a different stack, namely complex transaction structures, multiple intermediaries, and the pseudonymous character of much of the activity. The release expects both solutions to support supervisory work across jurisdictions. Product names, vendor names, a code repository and the identities of the 28 authorities remain outside the release. Servais's thanks name Amstad as chair of FINMA's Board of Directors, together with her team, the General Secretariat and the participants.

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For exchanges, custodians and fund administrators that see the same client on several platforms, the surveillance solution is the part that changes the ask. A license that ends at one venue, one chain or one country is the limit the release is written around, and the sprint answers with a shared visibility approach rather than a new conduct rule. Hong Kong's Securities and Futures Commission has published conclusions that restrict unlicensed crypto-exchange titles, and an Israeli draft brings digital investment assets under the Israel Securities Authority. The SupTech sprint is aimed at the cross-market view that sits inside each authority's own feeds. Beside that, the US Financial Crimes Enforcement Network (FinCEN) has kept the Recordkeeping Rule threshold in force. The sprint's second solution is built to rank risk across a multi-intermediary chain, past the records one jurisdiction can compel.

"Supervisory technology plays an increasingly vital role in helping authorities be more effective and keep pace with rapid market innovation. The SupTech Sprint showcases how international collaboration can contribute to tangible solutions to enhance oversight capabilities across jurisdictions worldwide."

Jean-Paul Servais, chair of the IOSCO Board and chair of Belgium's Financial Services and Markets Authority (FSMA), attached that judgment to the Madrid presentation. The Board he chairs comprises 35 securities regulators and had met at headquarters on November 11 and 12. The November 12 communique spent its innovation paragraphs on artificial intelligence, tokenisation and quantum computing, and the sprint came out as its own note the following day.

What the June survey measured

The June survey, IOSCO's first SupTech survey, was developed under FINMA's leadership and shows why a build can matter more than another principles paper. Consumer and investor protection was already crowded, with more than 75% of authorities reporting active SupTech use, and capital-markets supervision stood at 67%. Cooperation with foreign regulators was weighted toward learning: 67% of authorities emphasized sharing practices or insights, and 22% said they share code or technical tools. Among authorities that stay outside SupTech information-sharing, 41% cited legal restrictions, 33% cited confidentiality and 24% cited data-protection rules. Authorities that reported interest in digital-asset SupTech at almost double the rate of current use now have two Board-level artifacts they can copy, adapt or set aside.

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