Financial Technology (FinTech) experts from Burges Salmon are hosting a Regulation Technology (RegTech) roundtable in conjunction with the Financial Conduct Authority (FCA).
Burges Salmon’s FinTech team has been increasingly engaged with the FCA on a number of initiatives in the RegTech arena recently. The FCA’s aim is to understand how new and existing technology could be utilised to assist regulated firms (and, indeed, the regulator) with regulatory compliance issues and how the regulations themselves could be adapted to encourage more participants to develop and use effective solutions.
As a result of Burges Salmon’s engagement with the FCA, and following its submission of a response to the FCA’s Call for Input on the development and adoption of RegTech, the firm has been invited to host, and participate in, one of the FCA’s roundtables.
Adrian Shedden, the head of Burges Salmon’s cross-departmental FinTech team, said: “We are very much looking forward to hosting this RegTech roundtable session alongside the FCA. In what is fast becoming one of the most significant new areas of both the technology and regulatory sectors, we are hoping to be able to directly influence the thinking behind any regulatory and policy changes in this new and exciting area.”
Barry West from the FCA said: “We are very much interested in hearing views on how we, the regulator, can help support the development and adoption of technology that’s going to make the interface between regulated firms and the regulator easier and more effective, and will help firms comply more effectively and efficiently with regulation in their day to day activities.”
The roundtable discussion is taking place at Burges Salmon’s London office from 2pm on Thursday 3 March 2016.