Regulatory Technology - Eight Policy Recommendations
6 Pages Posted: 30 Jul 2019
Date Written: July 22, 2019
Recent advance in computer science make it possible to develop technology to facilitate the delivery of regulatory requirements. This is referred to as ‘regulatory technology’ or ‘RegTech’. Financial regulation is an area where the use of RegTech is currently actively investigated by both regulated entities and regulators. This contribution will identify eight policy recommendations that should underpin the development of RegTech.
Keywords: regulatory technology, RegTech, distributed ledger technology, blockchain, artificial intelligence, AI, regulation
JEL Classification: K23
Suggested Citation: Suggested Citation