Follow TopicFollow Contributor Share Feedback
Regulatory Change Driving Regtech Adoption

Regulatory Change Driving Regtech Adoption

by Starling Insights

Starling Insights Editorial Board

Feb 23, 2023

Observations

Global regulators have intensified their scrutiny of banking practices and conduct since the 2008 financial crisis. Given this increased pressure, financial institutions have turned to regulatory technology (regtech) to maintain the accuracy of disclosures and ease compliance burdens.

Over time, the realization that the regulatory environment is constantly evolving has significantly increased regtech adoption. KPMG has stated that it expects regtech "to remain hot" given current macroeconomic headwinds and upcoming regulatory changes. Others agree, with some estimates showing that the regtech market may grow to $28.3 billion by 2027.

This content is available to paid Members of Starling Insights.

If you are a Member of Starling Insights, you can sign in below to access this item. 

 

If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform.  Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.

Join The Discussion

See something that doesn't look quite right?

We strive to provide high quality and accurate content at all times. With that said, we realize that sometimes links break, new information becomes available, or there is something that you feel we may have missed.

If you see something that you think we should be aware of, we would love to hear from you. Feel free to drop us a note below and leave your name and contact info if you'd like to hear back from us.

Thank you for being a key part of the Starling Insights community!