The FCA cheers for the RegTech but does the industry?

The FCA engaged an independent firm to conduct a research among financial services (FS) firms to understand how the FS industry perceives RegTech and, by extension, whether the FCA’s efforts were fruitful.  

RegTech market in France

In the last two years, French RegTechs experienced unprecedented development as evidenced, in particular, by the increase in the sums raised during their funding rounds. These start-ups are attracting more and more financial institutions and companies facing ever-increasing regulatory constraints.

UK vs USA: RegTech Edition

The economic differences have always been the biggest and most interesting ones. However, today we want to focus on other differences, notably what is the approach of both nations to compliance, business infrastructure and how RegTech is used and developed in the US and UK.