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Covid-19 accelerates demand for RegTech solutions in Asia, report finds
A report by Enterprise Ireland has found the effects of the Covid-19 pandemic has sped-up the demand for the adoption of RegTech solutions in the Asia Pacific (APAC) region.
HKMA unveils new guide to aid banks with RegTech solution implementation
The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.
Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
FinTech Global launches Professional RegTech Certificate to provide essential FinTech training...
FinTech Global has launched a new RegTech Professional Certificate to provide essential training to finance professionals and graduates alike looking to enter the financial services industry.
BearingPoint to create RegTech juggernaut with Vizor Software acquisition
BearingPoint RegTech has signed an agreement to purchase global tech firm Vizor Software for an undisclosed fee and subject to regulatory approvals.
China bolsters regulatory oversight with new data security law
China’s National People’s Congress (NPC) has passed its first data security law aimed at strengthening the government’s hand over the data produced and stored in the country.
RegTech Castlepoint looks toward global expansion following $3m Series A
Australian compliance software specialist Castlepoint Systems has completed a $3m Series A funding round led by Main Sequence.
Clausematch, Department for International Trade underline RegTech role in ESG
Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Austreme secures patent for card testing fraud detection technology
Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.
