RegTech Insight Governance The latest content from across the platform
What is Digital Transformation and How Do You Get it Right?
While financial institutions are grasping the opportunities offered by the digital transformation of their activities, a number of impediments are hampering some from extending the strategy to their operations teams in the back office. A stubborn corporate culture, fear of change and a lack of planning are just some of the challenges cited by industry…
The Best Conduct Risk Solution Providers
Following many well publicised misconduct issues within financial services, there is now a regulatory spotlight on the issue of conduct risk (in addition to all the fines) in an effort to help rebuild trust and support future growth. The FCA broadly defines conduct risk as ‘any action of a regulated firm or individual that leads…
Top 6 Use Cases for AI in RegTech
As artificial intelligence’s influence on regtech continues to grow, so does the importance of minimising algorithm bias and maximising data quality. The use of Artificial Intelligence (AI) and machine learning in RegTech is playing an increasingly important role and helping to reshape risk and regulatory compliance. It can offer many benefits and we outline the…
Operational Resilience Ranks High on Regulators’ List of Concerns
Increased regulatory scrutiny of operational resilience in capital markets is forcing firms to take a more proactive approach to maintaining critical business functions. Continuity planning inevitably comes into focus during major events such as a global pandemic. But regulators’ concerns around the prevalence of other incidents – from ransomware attacks to natural disasters – have…
Digital Regulatory Reporting: The Turning Point for Compliance in 2022
By Leo Labeis, CEO at REGnosys. Regulatory reporting has long been mired by ambiguous and conflicting rules but new requirements this year and an industry-wide move to greater collaboration look set to usher in much needed change. For financial institutions, the upcoming CFTC Rewrite and EMIR Refit deadlines present a timely opportunity to review their…
Best Transaction Reporting Solutions
Transaction reporting is demanded of financial institutions by multiple regulatory regimes, with the goal of detecting suspected market abuse or money laundering. To comply, firms need to ensure their systems are able to deliver complete and accurate information about the financial instrument traded, the firm undertaking the trade, the buyer and seller, and the date…
Recorded Webinar: Regulatory change management – challenges, solutions and case studies
Regulatory change has become part of the fabric of capital markets. It has also become increasingly complex as more regulations are introduced, significant amendments are made frequently, and small changes are made on a rolling basis – the whole made more difficult by jurisdictional interpretation and the UK’s amended regulatory regime post Brexit. If keeping…
Surveillance Experts Discuss Impact on Segment of WFH
In case you missed it, watch below to hear this panel at our recent RegTech Summit Virtual discuss managing trade and communications surveillance in the new world of work. The panelists include: Moderator: Matthew Bernstein, Information Governance Strategist, MC Bernstein Data Yasmine Li, Head of EMEA Surveillance, Macquarie Group Stan Yakoff, Head of Americas Supervision,…
SFDR: Dilemma of Shakespearean Proportions Looms Amid Scope Three Preparations
This article first appeared on A-Team Group’s ESG Insight channel. Financial institutions putting compliance processes in place for the European Union’s Sustainable Finance Disclosure Regulations may be reminded of Claudius’ dilemma in Hamlet. “When sorrows come, they come not single spies, but in battalions,” the usurper king bemoans as he contemplates an avalanche of challenges…
RegTech Summit Virtual: The Outlook for Regulatory Compliance and RegTech in a Digital Economy
The role of digital transformation in the growth of the RegTech sector cannot be overstated, but a number of complex challenges and barriers to more widespread adoption remain. Launching A-Team Group’s two day RegTech Summit, this first panel brought together a group of leading industry figures to discuss the major compliance issues from the perspective…