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Regulatory technology, is a new technology that uses information technology to enhance regulatory processes. With its main application in the Financial sector, it is expanding into any regulated business with a particular appeal for the Consumer Goods Industry. Often regarded as a subcategory under FinTech, RegTech puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry.
As 2021 unfolds, the topic of tax is set to dominate headlines. Tax to recoup the costs of Covid, tax on large, high profit companies, and new areas of tax to generate revenue and influence changes in...
RegTech is set to have a pivotal year in 2021. The pandemic has brought the advantages of using regtech very much to the fore. A particular example has been communication surveillance, given recent an...
Many firms have taken the trouble to digitally transform their onboarding, but are wasting eye-watering sums of money and man-hours on inefficient processes when it comes to ongoing monitoring. And ye...
What does Trade-based Money Laundering (TBML) mean? Trade-based Money Laundering (TBML) is defined as the use of trade activities and transactions to transfer illicit cash of big quantities into legit...
The past year has prompted radical shifts to the corporate world, the likes of which we’ve never seen before. With the mass closing of traditional office spaces, companies across all industries were f...
Since the 2008 financial crash, financial services have developed their compliance systems at pace. From tools that analyse trades and behavioural anomalies, to those that track and map changing finan...
How do we reimagine the regulatory framework? In an increasingly interconnected world financial services are rapidly blurring boundaries. They need to constantly keep track of changing regulatory obli...