Really looking forward to today's Roundtable on RegTech Governance (#FCASprint, #FCACallforInput), co-hosted by Grant Thornton and Hitachi Vantara.
The prize for getting this right for Regulatory Reporting is huge but there are big hurdles still, none bigger than finding the right model and balance for governance. Collaboration has been key up to now, and this is unlikely to change.
GT is also hosting other Roundtables in Edinburgh (22/3) and in Bristol - with Burges Salmon (3/5). Also looking forward to the Lombard Risk event on 16/4 and the UCC/CBoI Roundtable in Dublin that was postponed due to Storm Emma.
Work to do...
This could benefit both firms and regulators. For example, the accuracy of data submissions could be improved and their costs reduced, changes to regulatory requirements could be implemented more quickly, and a reduction in compliance costs could lower barriers to entry and promote competition.