At the end of June, the EBA published its findings on the state of RegTech in the European Union’s financial sector. RegTech has been pinpointed as one of the topics of strategic priority for 2020/2021 as a key pillar of driving innovation. The EBA report findings are an effect of a number of surveys, workshops and interviews with both sides of the market coin: RegTech providers and financial institutions. The result is a report that not only delivers on the perspective of those who design and sell solutions, but also those who seek them, and the findings set the ground for a ping-pong discussion among providers and financial entities.
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