Summary
Publication Date: June 2016
Successfully complying with the multitude of financial services (FS) regulations can be a complex, time-consuming and costly activity for firms. Industry participants and the UK regulator, the Financial Conduct Authority (FCA), are considering how to develop and adopt regulatory technologies (RegTech) to meet and simplify regulatory compliance requirements. Over the past 12 months, we have seen an increased appetite for firms, regulators and technology providers to consider the development and use of RegTech solutions.
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