Learn how financial compliance, risk, and crime professionals can efficiently track and monitor the growing number of enforcement actions and current trends in Compliance.ai’s latest eBook.
- Financial institutions are struggling to manage compliance risk and regulatory change, particularly the variations between states and across different federal agencies
- In a recent survey, 40% of respondents, including regulators, compliance, and risk teams, stated that when enforcement action information is reviewed and analyzed, it is not disseminated or reported to top management or the board of directors, with less than 30% communicating this information through quarterly reports
- Modern Regtech often provides a competitive advantage to early adopters, who are now able to automate and customize their enforcement action monitoring and reporting processes
- Regtech is the most efficient way for financial institutions to automatically monitor, analyze, take action, and report financial regulatory content.
- PDF, Size 4.07 mb