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Regulatory Technology – the way to optimize compliance
The impact of technology on regulatory compliance and how can RegTech improve the effectiveness and efficiency of the compliance function, was among the major subjects discussed during the 7th International Compliance Forum.
The Forum that took place on the 15th of October 2021 in Hilton Nicosia
was intended as a platform to help facilitate discussions on the benefits of compliance management in business and more importantly, the return on investment of compliance.
eBOS was a proud sponsor of this year’s 7th International Compliance Forum and further participated in a panel discussion titled “Technology in Compliance”, with its Commercial Manager, Mr. Panos Kyriakides.
Mr Kyriakides talked about the ways in which the compliance function can be optimized using Regtech, and further expanded on what the future holds for RegTech.
Moving into the future, he said, we will see more changes in the financial industry than ever before. “Regulatory technology is the way forward into the new digital era for a secure future regarding our personal information and digital lives”, Mr. Kyriakides concluded.