Source: Finance Magnates
The financial industry’s regulatory landscape is continuously changing, with regulators attempting to stay up with technology improvements and developing threats. In this quickly changing climate, regtech, or the use of technology to aid regulatory compliance, has emerged as a critical instrument.
In recent years, there has been a shift toward closer collaboration between regulators and industry actors in order to stimulate collaboration, innovation, and successful regulatory compliance. This article delves into the most recent regtech trends as well as the significance of increased collaboration between regulators and the financial industry…
Read full article: https://www.financemagnates.com/institutional-forex/regulation/regtech-trends-building-stronger-partnerships-between-regulators-and-industry/