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Regtech risks to rise in 2017, says law firm

Financial institutions including private banks face a number of risks when they ‘plug and play’ regtech solutions, cautions law firm Simmons & Simmons.  “Despite the benefits that regtech solutions provide, we see a potential clash or conflict between the use of these technologies and stringent data privacy laws,” says Tom Fyfe, partner and Asia head of dispute resolution, who explains that…

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