Regulation (RegTech)

Regulation Technology, or RegTech, refers to the use of technology to help businesses comply with laws and regulations efficiently and effectively. It includes software tools and solutions that assist in monitoring compliance, managing risk, and automating reporting processes. RegTech aims to streamline regulatory processes, reduce compliance costs, and improve transparency while enhancing the ability of companies to adhere to rules set by authorities, such as financial regulations. Essentially, it helps organizations navigate complex legal environments using innovative technology, making compliance easier and more reliable.