Tag: regulatory mapping
Harnessing RegTech for efficient regulatory mapping in FinTech
The evolving financial landscape calls for a more efficient approach towards regulatory compliance. Amid increasing regulatory burdens and the dynamic nature of regulations, the focus on compliance has heightened, thus fuelling the growth of the regulatory compliance industry. Despite this, the lack of standardised terminology around common concepts, such as "regulatory mapping", remains a key concern.
What is regulatory mapping and why is it important
As the regulatory landscape continues to grow and get more complex, firms need to ensure they are on top of everything. One of the best ways to do this is through regulatory mapping, but what exactly is this?