Thu. Dec 3rd, 2020

Planet Compliance

Innovation & Regulation in Finance

Legal and Regulatory Analysis

Legal and Regulatory Analysis deals with the identification and interpretation of laws and regulations applicable in the financial services industry. Solutions could also identify gaps in existing systems and controls, assessing and highlighting risks for an institution. It includes Laws, regulations or guidelines oblige firms to maintain internal controls and governance systems as well as established policies and procedures that define and describe these. An example would be a Personal Account (PA) dealing policy in combination with the recent Market Abuse Regulation (MAR) of the European Union: financial firms are required to establish a PA dealing policy and with the introduction of MAR significant aspects have changed. A RegTech solution, for instance, not only analyses the new regulation and alerts the user to required changes to a policy but also advises on impact in respect of staff training.


RegTechs for Legal and Regulatory Analysis:

PlanetCompliance © 2020. All rights reserved. | Newsphere by AF themes.