Originally published in The Fintech Times
The regtech space is in for a major shake-up, with the FCA‘s new Consumer Duty regulations coming into effect in two months. This presents an opportunity for financial institutions to adopt a new approach to compliance and regulation.
Innovation being catapulted forward by the pandemic and the recent evolution of artificial intelligence has meant that the future of regulation and compliance will certainly look very different to how it does now. To better understand how the role of compliance may change over the next decade, we got in touch with some industry experts.