Regtech Supplier Performance Report: Ignorance is no longer happiness, it is now a criminal offense

The second edition of Performance report for Regtech suppliers, with around 50 regtech providers, published by Market Fintech Limited and supported by Banking technology, says that with over 50,000 regulatory documents published in the G20 since 2009 and an average of 45 new documents per week, we must assume that the future of banking will be determined by technological developments.

MiFID II alone generated 30,000 pages of regulatory texts. The complexity of the task …

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