$2B reasons for surveillance RegTech

Published: Oct. 5, 2022, 7:57 p.m.

On 27 September, US regulators served 16 Wall Steet firms nearly $2 billion in fines for doing business over personal applications like WhatsApp. The CFTC proclaimed the era of evasive communications practices to be over. However, as the FCA\u2019s MarketWatch 69 illustrates, firms have struggled to implement surveillance policies which are fit for purpose. 2 decades after \u2018Minority Report\u2019 the technology exists to provide compliance with more support, but policy owners wrestle with the fragmented market, privacy and AI rules which push back on adopting holistic approaches which cover the globe.  In the run-up to JWG\u2019s November conference, we ask experts what should be on the RegTech agenda for 2023. Join us here: https://regtechconference.co.uk/contact-us/