RegTech and SupTech initiatives in Asia

Technology and innovation are transforming the global financial landscape, presenting opportunities and challenges for regulated institutions and authorities alike. One important area of innovation is the application of financial technology, cloud computing and data analytics for regulatory and compliance requirements and reporting by regulated institutions (“RegTech”), and applications of fintech used by authorities for regulatory, supervisory and oversight purposes (“SupTech”).

This alert explores the use of RegTech and SupTech in Asia by both the government and industries, as well as the considerations for future RegTech and SupTech strategies.