How can we make the most of regulatory technology – or RegTech – while avoiding potential pitfalls? The European Banking Authority (EBA) has published an analysis of the current RegTech landscape that examines that question for the EU financial sector.
Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue has set out four key actions to promote the adoption of regulatory technology in Hong Kong’s banking sector, speaking at the regulator’s flagship conference on ‘Unlocking the Power of Regtech.’
The Hong Kong Monetary Authority (HKMA) has used the final issue of its Regtech Watch series to lay out a three-year roadmap for the adoption of Supervisory Technology, or Suptech, aiming to enhance the effectiveness and forward-looking capability of its supervisory processes.
One for the technologically-minded among our readers? Recognising regtech’s role in revolutionising risk management and compliance, The HKMA (Hong Kong Monetary Authority) has launched its ‘Global Regtech Challenge.’
The Monetary Authority of Singapore (MAS) has announced the launch of an SGD 35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for more streamlined regulatory reporting.
Interesting news out of Germany yesterday with the announcement of the acquisition of BearingPoint’s successful RegTech business by Nordic Capital.
As Hong Kong Fintech week gets underway, Eddie Yue, Hong Kong Monetary Authority’s (HKMA’s) Chief Executive, has announced a raft of new initiatives designed to take advantage of tech innovation.
Regulatory Technology, or RegTech, could help transform today’s regulatory landscape, drawing on similar advances as FinTech to improve the efficiency, utility and cost of supervision.
In a recent speech Benoît Cœuré, Head of the Bank for International Settlements (BIS) Innovation Hub, asked the listener to imagine a world where regulators have access to big data sets of high granularity, diversity, and frequency.