TECHNOLOGIE REGULACYJNE SZANSĄ NA OBNIŻENIE KOSZTÓW COMPLIANCE
REGULATORY TECHNOLOGIES AS A CHANCE OF REDUCING THE COST OF MANAGING NON-COMPLIANCE
Author(s): Artur PiętaSubject(s): Business Economy / Management, Financial Markets
Published by: Uniwersytet Adama Mickiewicza
Keywords: regulatory technologies; chance of reducing the cost of managing non-compliance;
Summary/Abstract: The aim of the article is to present regulatory technology (RegTech) solutions and its possible application in the context of compliance costs optimisation. The author outlined the main trends (in global and domestic terms) that influence the rise in legal inflation and increase the compliance risk in financial institutions. The data that have been presented confirm the problematic overregulation of the market and reduction in the efficiency of doing business in highly developed markets. Further considerations describe the most important technologies affecting the development of the RegTech sector. An attempt was made to define regulatory technology and describe its possible impact on particular elements of compliance management.
Journal: Ruch Prawniczy, Ekonomiczny i Socjologiczny
- Issue Year: 80/2018
- Issue No: 2
- Page Range: 241-255
- Page Count: 15
- Language: Polish