M&A and the advancement of the RegTech industry

The rapid advancement of technology has moved at an unprecedented pace, offering the ability to automate “trust” and “quality” of the products and services being provided on a daily basis. Nevertheless, after the financial crisis in 2008, billions of fines and penalties were imposed on companies that failed to carry out regulatory standards. This exposed market inefficiencies and focused attention on solutions required to stay on top of compliance matters. To avoid repeating history, regulators and governmental authorities have reformed the regulations by repealing traditional rules and replacing them with new and efficient ones. These intricate and new regulations can be seen as a hindrance to upcoming technologies. Modern technologies such as blockchain, machine learning, big data or smart contracts have caused an uproar with the regulators as they require rigorous rules on data privacy to be enforced. These compliance requirements have…

Read more detail on Recent Corporate Law Department posts –

This entry was posted in Corporate Law and tagged , , , . Bookmark the permalink.

Leave a Reply