Source: Crowdfundinsider
By Omar Faridi
Chris Ansara, CEO of UK-based Regtech startup docStribute and Chair, Phil Shelley, have shared their career insights on the necessity of digital transformation in order to meet FCA regulations as well as decarbonize global business.
As many sectors struggle to meet regulatory demands, particularly financial services, ensuring that their working practices are cost and time effective, and reducing carbon use is a real challenge.
docStribute claims that it answers that challenge by enabling companies to streamline business practice, abide by regulation, and reduce their carbon footprint simultaneously.
Customer communication in the financial services sector is becoming more complex due to new, additional regulation. The UK FCA’s new consumer duty package – that comes into place July 2023 – will put more pressure on banks, asset managers and other regulated financial services providers to prove that they are acting in the best interests of their customers…
Read full article: https://www.crowdfundinsider.com/2023/07/209260-chris-ansara-ceo-of-uk-regtech-docstribute-and-colleague-share-insights-on-necessity-of-digital-transformation/
