Regulatory Reporting Webinar in collaboration with RegPac Revolution Singapore

Financial institutions across the world are facing increasing scrutiny from regulators with regulatory reporting requirements growing ever more granular. To field compliance queries, financial institutions are managing a vast volume and variety of transaction data. In March 2018, the Monetary Authority of Singapore (MAS) announced changes to regulatory reporting within Singapore, introducing new data collection requirements for banks, known as the revised MAS 610 requirements. As a result of the revision, banks are now required to file their core set of data to MAS at a far more granular level. To overcome this burden, banks in Singapore, and across the world, are evermore looking towards technology to streamline this process.

To engage with the industry and contribute to the understanding of regulatory technology, Vizor partnered with RegPac Revolution* and organised an expert panel discussion ‘’Revolutionising Regulatory Reporting’’. During the event, we discussed the industry landscape with regards to compliance and regulatory reporting, outlined the specific challenges that financial institutions are facing, including revised MAS610 requirements, and how regulatory technology can help overcome complex regulatory reporting challenges by reducing the cost and impact of future regulatory changes.

The event was moderated by Mona Zoet, CEO and Founder of RegPac Revolution with more than 20-years working in the Financial Services industry for some of the world's biggest banks. Industry experts Joanne Horgan (Chief Innovation Officer at Vizor), Antonio DeLorenzo (Initiative Lead - Trade Tech Lab at ING), Yu Sarn Chiew (Founder and co-managing partner of Yusarn Audrey) and Harn Prins (Co-founder DEX Data Explorers) represented expert panellists.

You can see the recording here.

* leading Singapore RegTech company that is focused on developing the RegTech ecosystem and promoting technologies that are helping to improve the compliance and risk management sectors.