Watchdogs Should Do More To Boost 'Regtech,' Study Finds

Law360, London (April 19, 2021, 3:24 PM BST) -- Regulatory technology has the potential to enhance the financial services sector but regulators are hesitant about promoting the innovation, according to a joint report that calls for further talks between watchdogs and the sector.

The City of London Corporation, the governing body of London's financial district, and RegTech Associates, a company that conducts industry research, found that regulators are not anti-technology but are "somewhat hesitant" about being seen to champion specific types of technology, such as cloud applications.

The survey of 161 global so-called regtech companies also features interviews with banks and regulators. The results show that two thirds, or 68.6%, of the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!