WebDec 21, 2024 · The adoption of Regtech presents opportunities to unlock significant benefits for banks, regulators, and the wider economy. Recognising the growing importance of Regtech, the HKMA launched a series of initiatives under the Banking Made Easy initiative in 2024 to facilitate Regtech development in Hong Kong. WebApr 17, 2024 · Regulators should do the following to achieve success with RegTech: Initiate Open Engagement: The relationship between the regulator and the regulated must undergo a transition to become more cooperative, rather than adversarial.There is potential to work together with governments, technology startups, academia, technology service providers …
APAC Regulators Accelerate Fintech Regulatory Efforts Amid …
WebRegTech aids in streamlining of the compliance process. RegTech solutions come in a variety of shapes and sizes. Business solutions can be developed to provide a real-time 360-degree view of compliance and risk, whereas single-rule solutions are focused on a single area. Compliance officers understand that regulation is not a black and white issue. WebThe journey from the RegTech for Regulators Accelerator (R²A) to the Cambridge SupTech Lab Five years ago, I was in Manila to conduct the first suptech diagnostic for the newly … twm25b06
CUBE RegPlatform Regulatory change management solutions
WebApr 14, 2024 · Accelerate RegTech is an annual event hosted by the RegTech Association of Australia, bringing together regulators, financial institutions, and tech companies to … WebFeb 12, 2024 · Orchestrate Innovative Ecosystems: Creating the enabling environment requires regulators to work with ecosystem stakeholders and invest in digital technologies. Helping regulators in this journey are RegTech initiatives that work with financial authorities in select markets to strengthen and accelerate innovative capabilities. WebJan 28, 2024 · Regtech and financial development. The regtech variable, which captures the deployment of fintech in financial regulation, is significantly positive for all the three dimensions of financial development studied. Regtech has the largest impact on financial access, with a coefficient of 0.455, which is significant at 1%. twm200al