Since 2014, the FCA has been at the vanguard of regulatory activities to foster innovation and reduce the barriers to entry for new products, business models and firms in the financial services industry. 2014 saw the beginning of Project Innovate, and along with the Monetary Authority of Singapore, the FCA was the first regulator to … Continue reading August’s Regulatory News
As an economist at the Bank of England, Oliver Burrows wants to make policy decisions about financial stability based on data and data sets that reflect today's financial environment. However, given the nature of the current regulatory reporting framework, it can take as long as three years to get hold of the right data, by … Continue reading FCA Digital Regulatory Reporting pilot
We are often asked what is RegTech, what problem does it solve and how do I become more involved. We decided to make some of our client material available free for our community. We hope you enjoy.
On 10th May, Dr Sian Lewin chaired a panel at the first RegTech for London event curated by Matt Elton of Finnolux. The event was themed around AML and KYC and asked the important question of 'Do you really know your customer?'. With the fifth EU Anti-Money Laundering Directive coming into force the day before, … Continue reading The Reg Doctor @ RegTech for London
July has been a busy month for the UK and EU regulators, with the PRA publishing several consultation papers on Solvency II, the SMCR rules being finalised for insurers and all FCA registered firms and the EU's fifth Anti-Money Laundering Directive entering into force on 9th July. We highlight here the regulatory news that is … Continue reading July’s Regulatory News