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Regtech can relieve administrative burden facing PBs, says expert

The adoption of regulation-focused technology – or regtech – has the potential to “empower” frontliners at private banks in the region, who are increasingly complaining of being snowed under with administrative work, says Henri Arslanian, PwC’s fintech and regtech expert for China and Hong Kong. Arslanian says that while it is unlikely that regtech solutions such as artificial intelligence (AI)…

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