Founded by Vladimir Ershov
Group founded 24 Nov 2020
Posts 72
Members 12
Group summary

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.

More blogs
See all Blogs »
Joris Lochy

From Penalties to Best Practices: The True Cost of Compliance

Over the past two decades, the banking industry has faced staggering penalties for non-compliance, totaling an astonishing $387,559,149,283 (source: Violation Tracker). This colossal sum underscores a...

08 Jul 2024
Kieran Holland

Tackling Rising Data Volumes in AML

High-quality data is the bedrock of an effective anti-money laundering (AML) and watchlist screening programme. Incomplete or inaccurate data can lead to false negatives, potentially allowing illicit ...

03 Jul 2024
Binh Dang

Integration and Implications of Natural Language Processing in KYC Procedures

In recent years, Know Your Customer (KYC) processes have become increasingly critical for financial institutions and other regulated entities to mitigate risks associated with money laundering, fraud,...

24 Jun 2024
Harriet Christie

Whatsapp Compliance, Self-Reporting, and Ripping off the Bandaid

The Securities Exchange Commission (SEC) is trying to instigate deep cultural change around compliance following a high-profile crackdown on ‘off-channel’ communications. Many firms find themselves i...

09 Apr 2024
Shahzaib Muhammad Feroz

Understanding Regulatory Frameworks for Trade-Based Money Laundering (TBML) Compliance

Trade-based money laundering (TBML) poses significant risks to the global financial system, requiring robust regulatory frameworks and international standards to combat this illicit activity. Complian...

14 Mar 2024
Shahzaib Muhammad Feroz

Why Detecting Trade based Money Laundering Matters?

Financial institutions protect the financial system and play a critical role in preventing money laundering, including the tough challenge of trade-based money laundering (TBML). In TBML, criminals ex...

12 Mar 2024
Harriet Christie

FINRA Report 2024: Recordkeeping Takeaways

The Financial Industry Regulatory Authority (FINRA) recently released its annual regulatory oversight report for 2024. This has been shared to provide firms with key insights and observations from the...

26 Feb 2024
Ben Parker

Navigating the perfect storm: global shocks, technological evolution, and the new regulatory maze

The global financial landscape is currently battling a variety of simultaneous shocks that have made it vulnerable to market abuse. In March of last year, Fabio Panetta, of the European Central Bank’s...

12 Feb 2024
Hugo Chamberlain

The Evolution of KYC to KYX: Understanding Your Counterparties

In the realm of financial services and beyond, ‘Know Your Customer’ (KYC) has long been a foundational principle. Initially implemented as a means of combating money laundering, terrorist financing, a...

24 Jan 2024
Shahzaib Muhammad Feroz

Predicting the Unpredictable: AI Models Identify Unusual Trade Patterns Before They Happen

In the ever-evolving landscape of global trade, Artificial Intelligence (AI) models emerge as prescient fortune-tellers, predicting the unpredictable by identifying unusual trade patterns before they ...

12 Jan 2024

Now hiring