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Accelerating change: How regulators can do better [digitizing regulation]
Monday, December 10, 2018 @ 6:30 pm - 9:00 pmFree
Join Boston RegTech Meetup on December 10, 2018 as we bring you the latest thinking on promoting regulatory innovation. Hear thought leaders Jo Ann Barefoot, CEO at Barefoot Innovation Group and Co-Founder of Hummingbird Regtech, and Matt Van Buskirk, Co-Founder and Co-CEO of Hummingbird Regtech, lead a discussion on how to challenge the regulatory status quo.
Who says regulation has to be old, slow and wasteful? Regulation is digitizing too, getting better, faster and cheaper. Today’s new regtech tools never lived on paper – they’re built from scratch with powerful data and analytics. Machines can read and even execute rules. Reporting can move to real time. Low-cost AI can catch financial crime. Improvement can be continuous.
The UK Financial Conduct Authority is pushing the envelope in all of these areas by convening cross-functional “tech sprints” to bring the best minds from industry, academia, tech, and the regulatory world together to work on common challenges. We will discuss what they have done, and what they plan to do, to promote the adoption of this novel regulatory approach around the world.