The RegTech Crash Course consists of 6 well-curated modules on RegTech and the issues surrounding it. At the end of each module, a sample quiz will be provided. At the end of the course, an assessment will be conducted.

RegTech in the Financial Services Industry - Re-shaping the Regulatory Compliance Function

• Introduction to RegTech and its Ecosystem
• Current Frontier of RegTech
• Drivers calling for Innovation in Regulatory Compliance
• Emerging users of RegTech
• Potential of RegTech

Key Takeaways:

You should become acutely aware of the ecosystem of RegTech and the changes in the regulatory compliance landscape that is calling for innovation in technology. You should also have an understanding of what RegTech is, and its potential benefits for your organisation.

The Role of RegTech in solving today's most salient Regulatory Compliance Challenges

• Increasing complexities of KYC and onboarding requirements and evolution of Client Identification with Non-Face-to-Face onboarding and Digitalisation of Identities
• Monitoring for suspicious transactions under Fraud, Anti-Money Laundering, and Counter Terrorism Financing are becoming more complex and tedious as regulators demand for higher quality and quantity of Suspicious Transaction Reports from banks and financial institutions
• Cybersecurity, Data Protection and Privacy becoming a major emphasis as MiFID II and GDPR come into play
• Data Management and Analytics of today's increasingly digitalised world
• Inherent inadequacy of Risk Management capabilities in organisation
• Increasing number of compulsory regulatory reporting requirements with the tsunami of new regulatory requirements

Key takeaways:

You should have a detailed understanding of the prominent regulatory compliance pain points and challenges that exist within the FSI and how RegTech can help to alleviate or even solve these challenges. You should also understand the major changes within the industry that will affect your organisation.

The Underlying Technology of RegTech Solutions

• DLT and Blockchain
  • Definitions
  • Different Types of Blockchain, why each is useful
  • Concerns and Challenges
• Cloud Technology and IoT
  • Definitions
  • How Cloud technology can help your business
  • What IoT is, how it uses Cloud and how it can help your business
  • Concerns and Challenges
• AI and Machine Learning
  • Definitions
  • What machine learning is, and the different types of semantics
  • Concerns and Challenges

Key takeaways:

You should become familiarised with key technologies in the RegTech space, giving them an idea of how they work, how they can help a business and any concerns a business should be aware of.

Application of RegTech Solutions: The Benefits and Results

• Concrete examples of real business challenges in different areas of Regulatory Compliance issues
• Application of different technologies in businesses and resulting benefits of RegTech solutions

Key takeaways:

Blockers and Enablers of RegTech Innovation and Adoption

• Regulatory landscape surrounding RegTech
• Innovation of technology and standards for RegTech
• Challenges in collaborating and adoption of RegTech
• Weaving RegTech into business strategies

Key takeaways:

You will understand how the FSI is moving towards technology adoption because the ever-changing regulatory compliance landscape requires more than just manpower to overcome. The module will cover factors impeding the adoption of RegTech, how you can overcome such challenges, and how you can approach RegTech and integrate the solutions into your business strategies.

Beyond RegTech and the Financial Services Industry

• The frontier for FinTech, SupTech, LegalTech, InsurTech, and other variations of XTech
• Applying RegTech beyond the FSI
• Using RegTech to enhance Coporate and Social Responsibility
• Future for RegTech
• Summary

Key takeaways:

You will be able to get a brief introduction to the different variation of XTech and the frontier of innovation for such technologies. They will also get a glimpse into how RegTech can be applied outside of the FSI and how it can be applied to enhance CSR functions and other key business concerns.

End-of-course Examination

Time limit: 1 hour

Format: 60 Multiple choice questions

Passing criteria: 80% correct

At the end of the course, you will be required to sit for an assessment which will be one hour long. The assessment will cover all topics from the 6 modules.

A Certificate of Completion will be delivered if you achieve a result of 80% and above. If your results fall below 80%, you will receive a Certificate of Participation.