/** * Template Name: Q&A WITH MARK BEESTON */
We interviewed Mark Beeston ahead of his session at the RegTech Summit (London, September 2016). Take a look at his view on RegTech and Regulatory Planning. Download the Agenda for the full programme.What practical steps does the industry need to take, to ensure the RegTech sector continues to grow?
With the Increasing new level of regulations ranging from MiFID II and FATCA and the greater focus on data and reporting, RegTech is seen as one of the most important area for innovation for regulated companies such as banks and investment firms. Deloitte wrote in their January 2016 report: “Is RegTech the new FinTech?”, highlighting the recent importance of this sector. Regulated companies have adopted different ways to find, validate and adopt innovative RegTech solution but surfacing the Regulatory challenges market participants face and welcoming early stage businesses into RFP’s and POC’s are the key ingredients to growth in the sector.