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Banks, regulators increasingly turning to regtech, says law firm

Regulatory technology – or regtech – is being rapidly adopted by financial institutions and regulators struggling to keep pace with shifts in the regulatory landscape, lawyers at Baker and McKenzie said at a media roundtable in Hong Kong today. “The monetisation of data has given rise to regtech from two perspectives,” said Astrid Raetze, partner, banking and finance (Sydney) from Baker and…

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