Conduct Regulation – Definition & Detailed Explanation – RegTech Glossary

What is Conduct Regulation? Conduct regulation refers to the rules and standards set by regulatory bodies to govern the behavior and actions of individuals and organizations within a specific industry. The main objective of conduct regulation is to ensure that market participants act in a fair, transparent, and ethical manner, thereby protecting the interests of … Read more

Compliance Officer – Definition & Detailed Explanation – RegTech Glossary

What is a Compliance Officer? A Compliance Officer is an individual within an organization who is responsible for ensuring that the company complies with all relevant laws, regulations, and internal policies. Compliance Officers play a crucial role in maintaining the integrity and reputation of the organization by identifying and mitigating risks related to legal and … Read more

Compliance Risk Assessment – Definition & Detailed Explanation – RegTech Glossary

What is Compliance Risk Assessment? Compliance Risk Assessment is the process of evaluating an organization’s adherence to laws, regulations, policies, and procedures that are relevant to its operations. It involves identifying potential risks and vulnerabilities that could lead to non-compliance and assessing the likelihood and impact of those risks. Compliance Risk Assessment helps organizations understand … Read more

Compliance Dashboard – Definition & Detailed Explanation – RegTech Glossary

What is a Compliance Dashboard? A Compliance Dashboard is a tool used by organizations to monitor and manage their compliance with regulatory requirements, industry standards, and internal policies. It provides a visual representation of key compliance metrics and performance indicators, allowing stakeholders to quickly assess the organization’s compliance status at a glance. How does a … Read more

Prudential Regulation – Definition & Detailed Explanation – RegTech Glossary

What is Prudential Regulation? Prudential regulation refers to the set of rules and guidelines that financial institutions must adhere to in order to ensure their stability and protect the interests of their customers. The main goal of prudential regulation is to prevent financial crises by imposing requirements on institutions such as banks, insurance companies, and … Read more

Stress Testing – Definition & Detailed Explanation – RegTech Glossary

I. What is Stress Testing? Stress testing is a risk management technique used by financial institutions to evaluate their resilience to adverse market conditions. It involves subjecting a financial institution’s portfolio to extreme scenarios to assess the potential impact on its financial health. By simulating these extreme scenarios, stress testing helps identify vulnerabilities and weaknesses … Read more

Regulatory Analytics – Definition & Detailed Explanation – RegTech Glossary

What is Regulatory Analytics? Regulatory Analytics refers to the use of data analysis and technology to monitor, analyze, and interpret regulatory information and requirements. It involves the use of advanced analytics tools and techniques to help organizations stay compliant with regulations and manage regulatory risks effectively. Regulatory Analytics is a key component of Regulatory Technology … Read more

Financial Action Task Force (FATF) – Definition & Detailed Explanation – RegTech Glossary

What is the Financial Action Task Force (FATF)? The Financial Action Task Force (FATF) is an intergovernmental organization established in 1989 with the primary aim of combating money laundering, terrorist financing, and other threats to the integrity of the international financial system. The FATF is considered the global standard-setter for anti-money laundering (AML) and counter-terrorist … Read more

Regulatory Technology (RegTech) – Definition & Detailed Explanation – RegTech Glossary

What is Regulatory Technology (RegTech)? Regulatory Technology, or RegTech, refers to the use of technology to help companies comply with regulations more efficiently and effectively. RegTech solutions leverage advanced technologies such as artificial intelligence, machine learning, big data analytics, and blockchain to streamline regulatory processes, reduce compliance costs, and minimize risks associated with non-compliance. RegTech … Read more