Abstract The first global benchmark study of the RegTech sector by the Cambridge Centre for Alternative Finance, conducted with the support of EY Japan, is based on a survey of 111 firms as well as regulators and industry experts. We estimate that the global RegTech industry generated $5 billion in revenue in 2018, and had…
Legal Serevices Board publishes collection of articles on lawtech and regulation
The Legal Services Board (LSB) has published a collection of 11 focused on lawtech and regulation as part of its ongoing work in the area. The collection, entitled ‘Perspectives on Lawtech and Regulation’ includes contributions from Chris Handford, Director of Regulatory Policy at the SRA, discussing the regulatory challenges of lawtech; Mariette Hughes, Head Ombudsman at the…
Request for input: remuneration policy
Motlatsi Barnabas Molefe, Chief Executive Officer of the Attorneys Fidelity Fund South Africa has contacted ICLR.net to request the assistance of fellow ICLR members. They are in the process of reviewing their own remuneration policy and they have been requested by their Remuneration Committee to compare with international trends. They are not looking for salary figures,…
The FATF FinTech and RegTech initiative
At the end of February 2018, the Financial Action Task Force (FATF) launched the new FATF FinTech & RegTech initiative platform, to share information about national initiatives and developments relevant to FinTech and RegTech. The FATF policy is to strongly support responsible financial innovation in line with the FATF Standards to tackle money laundering and…