Recently RISKflo attended a “regtech” roundtable event hosted by the Australian Securities and Investments Commission and we will publish our views and opinions in the upcoming weeks.
In the meantime, the following article was written by James Eyers of the Australian Financial Review (8 February 2017) which is worth a read.
By engaging with “regtech” start-ups, banks could slice tens of millions of dollars off their annual legal bills, create new revenue streams and turn compliance into a proactive risk management tool.
They were some of the messages delivered to a “Regtech Roundtable” hosted by the Australian Securities and Investments Commission on Wednesday.
Read the full article: Banks challenged on regtech intertia