RegCast

$2B reasons for surveillance RegTech


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On 27 September, US regulators served 16 Wall Steet firms nearly $2 billion in fines for doing business over personal applications like WhatsApp. The CFTC proclaimed the era of evasive communications practices to be over. However, as the FCA’s MarketWatch 69 illustrates, firms have struggled to implement surveillance policies which are fit for purpose. 2 decades after ‘Minority Report’ the technology exists to provide compliance with more support, but policy owners wrestle with the fragmented market, privacy and AI rules which push back on adopting holistic approaches which cover the globe.  In the run-up to JWG’s November conference, we ask experts what should be on the RegTech agenda for 2023. Join us here: https://regtechconference.co.uk/contact-us/

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RegCastBy JWG Group