Skip to Main Content
The REGTECH Book
book

The REGTECH Book

by Janos Barberis, Douglas W. Arner, Ross P. Buckley
August 2019
Intermediate to advanced content levelIntermediate to advanced
392 pages
14h 11m
English
Wiley
Content preview from The REGTECH Book

RegTech is for Regulators Too, and its Future is in Emerging Markets

By Matthew Homer1 and Mackenzie Wallace2

1Affiliate, Cambridge Center for Alternative Finance

2Director, ZestFinance

RegTech companies continue to emerge at a strong pace, but most of these companies are focused on helping financial institutions comply with regulation, rather than retooling the regulators themselves. This is understandable. Financial institutions represent a more substantial initial market opportunity and have several benefits over regulators, including that there are many more of them, they are hungry to reduce compliance costs, and many have already set up platforms for engaging with innovators.

Regulators Are Starting to Innovate as Well

However, regulators are also starting to innovate. When we consider regulation as a life cycle, spanning from the licensing process to ongoing oversight and enforcement, we already see significant attention focused on reinventing the first part of the life cycle. This is where regulators engage with organizations that want to receive a license, as well as the licensing process itself. New product development by existing institutions could also fit here.

For example, we see a constant drumbeat of interest in regulatory sandboxes, with dozens of countries considering this and other test-and-learn approaches. These approaches have the potential to support innovation and new market entrants in well-defined settings that reduce risks, such as the risk of ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

The PAYTECH Book

The PAYTECH Book

Susanne Chishti, Tony Craddock, Robert Courtneidge, Markos Zachariadis
The INSURTECH Book

The INSURTECH Book

Sabine L.B VanderLinden, Shân M. Millie, Nicole Anderson, Susanne Chishti
The WEALTHTECH Book

The WEALTHTECH Book

Susanne Chishti, Thomas Puschmann

Publisher Resources

ISBN: 9781119362142Purchase book