{"product_id":"the-regtech-book-isbn-9781119362142","title":"The REGTECH Book","description":"\u003cp\u003e\u003cb\u003eThe Regulatory Technology Handbook\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe transformational potential of RegTech has been confirmed in recent years with US$1.2 billion invested in start-ups (2017) and an expected additional spending of US$100 billion by 2020. Regulatory technology will not only provide efficiency gains for compliance and reporting functions, it will radically change market structure and supervision. This book, the first of its kind, is providing a comprehensive and invaluable source of information aimed at corporates, regulators, compliance professionals, start-ups and policy makers.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe REGTECH Book\u003c\/i\u003e brings into a single volume the curated industry expertise delivered by subject matter experts. It serves as a single reference point to understand the RegTech eco-system and its impact on the industry. Readers will learn foundational notions such as:  \u003c\/p\u003e \u003cp\u003e•    The economic impact of digitization and datafication of regulation  \u003c\/p\u003e \u003cp\u003e•    How new technologies (Artificial Intelligence, Blockchain) are applied to compliance\u003c\/p\u003e \u003cp\u003e•    Business use cases of RegTech for cost-reduction and new product origination\u003c\/p\u003e \u003cp\u003e•    The future regulatory landscape affecting financial institutions, technology companies and other industries\u003c\/p\u003e \u003cp\u003eEdited by world-class academics and written by compliance professionals, regulators, entrepreneurs and business leaders, the RegTech Book represents an invaluable resource that paves the way for 21\u003csup\u003est\u003c\/sup\u003e century regulatory innovation.\u003c\/p\u003e \u003cp\u003eA FinTech and RegTech Overview: Where We Have Come From and Where We Are Going vi\u003c\/p\u003e \u003cp\u003eAbout the Editors xii\u003c\/p\u003e \u003cp\u003eAcknowledgements xiv\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. Introduction\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat a RegTech Compliance Killer System Will Look Like 6\u003c\/p\u003e \u003cp\u003eTechnology-Enabled Collaborative Compliance 10\u003c\/p\u003e \u003cp\u003eThe Age of RegTech Disruption to the Status Quo Is Here 16\u003c\/p\u003e \u003cp\u003eRegTech and Financial Crime Prevention 20\u003c\/p\u003e \u003cp\u003eRegTech: Tackling Regulation with Innovation 26\u003c\/p\u003e \u003cp\u003eIdentities, the RegTech Holy Grail 30\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. The RegTech Landscape\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIslamic RegTech 38\u003c\/p\u003e \u003cp\u003eHow RegTech Could Help Determine the Future of Financial Services 44\u003c\/p\u003e \u003cp\u003eIntroducing the RegTech Quality Compass: The Five Factors of RegTech Quality 50\u003c\/p\u003e \u003cp\u003eHow Banks Are Managing Their Risk Through Technology and Market Infrastructure 55\u003c\/p\u003e \u003cp\u003eRegTech and the Science of Regulation 58\u003c\/p\u003e \u003cp\u003eGDPR and PSD2: Self-Sovereign Identity, Privacy, and Innovation 62\u003c\/p\u003e \u003cp\u003eRise of RegTech in the German Market 66\u003c\/p\u003e \u003cp\u003eThe Power of RegTech to Drive Cultural Change and Enhance Conduct Risk Management Across Banking 70\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Regulatory Innovation and Sandboxes\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDiscover the Innovative Technology Behind RegTech Leaders 80\u003c\/p\u003e \u003cp\u003eEnabling RegTech Up Front: Unambiguous Machine-readable Regulation 85\u003c\/p\u003e \u003cp\u003eAlign Open Banking and Future-Proof RegTech for Regulators and Third-Party Providers to Deliver the Optimal Consumer Convenience and Protection 89\u003c\/p\u003e \u003cp\u003eA Seat at the Table – Bringing the Voice of FinTech to the US Regulatory Process 93\u003c\/p\u003e \u003cp\u003eSandbox Games for RegTech 99\u003c\/p\u003e \u003cp\u003eLegal Guidance for Entering the Sandbox and Taking Advantage of Cross-Border Cooperation Agreements 102\u003c\/p\u003e \u003cp\u003eRegTech and the Sandbox − Play, Innovate, and Protect! 106\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. A Call for Innovation or Disruption?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGovernance, Risk, and Compliance: Complex or Complicated? 118\u003c\/p\u003e \u003cp\u003eInnovation or Disruption: Not Always Black and White 122\u003c\/p\u003e \u003cp\u003eHow to Use Digital Marketing Data in Regulated Industries 126\u003c\/p\u003e \u003cp\u003eInvention Versus Reinvention 130\u003c\/p\u003e \u003cp\u003eMaking Regulation Machine Readable 134\u003c\/p\u003e \u003cp\u003eCan We Digitize Know Your Client? 138\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. RegTech Investment and Compliance Spending\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy a Substantial Investment in Financial Services RegTech Now Will Strategically Reduce Your Future Regulatory Compliance Costs 146\u003c\/p\u003e \u003cp\u003eOld Tech + New Tech = RegTech: Excel Spreadsheets and End User Computing in a Regulated World 150\u003c\/p\u003e \u003cp\u003eWill Financial Institutions Ever Achieve a 100% Compliance with Anti–Money Laundering and Combating the Financing of Terrorism Rules? 154\u003c\/p\u003e \u003cp\u003eMerits and Demerits of a Shared Risk Engine 158\u003c\/p\u003e \u003cp\u003eSpend on Compliance: A Necessary Evil orBusiness Enabler? 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. RegTech for Authorized Institutions\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRegTech Opportunities in a Post-4MLD\/5MLD World 172\u003c\/p\u003e \u003cp\u003ePassporting in the EU – Is an Opportunity Also a Problem? 177\u003c\/p\u003e \u003cp\u003eWhat Do PSD2 and Similar Activities Mean for Banks and FinTech Start-ups? 181\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. RegTech from a Regulatory Perspective\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Role of Anti–Money Laundering Law and Compliance in FinTech 190\u003c\/p\u003e \u003cp\u003eBanking Supervision at a Crossroads – RegTech as the Regulators’ Toolbox 195\u003c\/p\u003e \u003cp\u003eFinReg, FinTech, and RegTech – Quo Vadis, EU? 199\u003c\/p\u003e \u003cp\u003eThe RegTech Landscape from a Regulator’s Perspective 205\u003c\/p\u003e \u003cp\u003eRegTech is for Regulators Too, and its Future is in\u003c\/p\u003e \u003cp\u003eEmerging Markets 210\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Blockchain and AI in RegTech\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe ROI of RegTech 218\u003c\/p\u003e \u003cp\u003eThe Augmented Compliance Office 221\u003c\/p\u003e \u003cp\u003eDissolving Barriers: A Global Digital Trust Protocol 226\u003c\/p\u003e \u003cp\u003eCan AI Really Disrupt Monitoring for Suspicious Activity? 231\u003c\/p\u003e \u003cp\u003eForging a Responsibility and Liability Framework in the AI Era for RegTech 235\u003c\/p\u003e \u003cp\u003eCompliance with Data Protection Regulations by Applying the Blockchain Technology 246\u003c\/p\u003e \u003cp\u003eBlockchains Are Diamonds’ Best Friend: The Case for Supply Chain Transparency 250\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. RegTech Applicability Outside the Financial Services Industry\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProtecting Consumers and Enabling Innovation 260\u003c\/p\u003e \u003cp\u003eRegTech Impact on the Private Security Industry 263\u003c\/p\u003e \u003cp\u003eArtTech: How Blockchain Can Improve Provenance 266\u003c\/p\u003e \u003cp\u003eThe Potential of RegTech in Improving the Effectiveness of Environmental Regulation 270\u003c\/p\u003e \u003cp\u003eRegTech Applicability Outside the Financial Services Industry 274\u003c\/p\u003e \u003cp\u003eUsing RegTech as a Cross-Industry Digitization Tool 278\u003c\/p\u003e \u003cp\u003eRegTech Unleashed: Discovering the Pathways Beyond Finance 282\u003c\/p\u003e \u003cp\u003eRegTech Outside Finance: Four Options, One Clear Choice 287\u003c\/p\u003e \u003cp\u003eRegTech: A Safe Bet for Tackling AML and Fraud in the Gambling Sector 292\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10. Social Impact and Regulation\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe FinTech Ecosystem Between Legal Compliance and Social Dimension 300\u003c\/p\u003e \u003cp\u003eThe End Justifies the Means: Putting Social Purpose Back at the Heart of Banking and Financial Regulation 305\u003c\/p\u003e \u003cp\u003eRegTech’s Impact on Trust and Identity 310\u003c\/p\u003e \u003cp\u003eHow Technology Is Driving Financial Inclusion 314\u003c\/p\u003e \u003cp\u003eBanking the Unbanked and Underbanked: RegTech as an Enabler for Financial Inclusion 318\u003c\/p\u003e \u003cp\u003eSuperhero Way: Enhancing Regulatory Supervision with Superpowers 323\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11. The Future of RegTech\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMarket Surveillance 2020 330\u003c\/p\u003e \u003cp\u003eI Regulate, Therefore I Am? Regulating Humans’ and Machines’ Conduct and Culture 335\u003c\/p\u003e \u003cp\u003eThe Future of RegTech 340\u003c\/p\u003e \u003cp\u003eFrom RegTech to TechReg – Regulation in a Decentralized World 344\u003c\/p\u003e \u003cp\u003eEmerging Innovations in RegTech 348\u003c\/p\u003e \u003cp\u003eList of Contributors 351\u003c\/p\u003e \u003cp\u003eIndex 358\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eJANOS BARBERIS\u003c\/b\u003e is a Millennial in FinTech, recognized as a top-35 global FinTech leader. He founded FinTech HK, a thought leadership platform, and the SuperCharger – a FinTech Accelerator that strategically leverages on Hong Kong as a gateway to Asia. In parallel, he sits on the advisory board of the World Economic Forum's FinTech Committee and is a PhD Candidate at Hong Kong University Law School. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDOUGLAS W. ARNER\u003c\/b\u003e is the Kerry Holdings Professor in Law at the University of Hong Kong and one of the world's leading experts on the intersection between finance, technology and regulation. He has advised on financial sector regulatory issues in markets across Africa, Asia, Australia, Europe and North America, with governments, international organizations including the Asian Development Bank and the Alliance for Financial Inclusion, and private sector institutions. Douglas has published 15 books and over 150 articles, chapters and papers on related subjects. He led the development of the world's largest massive open online course \t   (MOOC): Introduction to FinTech, launched on edX in May 2018, now with over 35,000 learners spanning every country in the world. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eROSS P. BUCKLEY\u003c\/b\u003e is the KPMG Law – King \u0026amp; Wood Mallesons Professor of Disruptive Innovation, and a Scientia Professor, at UNSW Sydney. His research focus is on FinTech, RegTech and blockchain. He chairs the Digital Finance Advisory Panel of the Australian Securities and Investments Commission (ASIC). He consults regularly to the Asian Development Bank, and has consulted to government departments in 10 countries, including Australia and the US. He has twice been a Fulbright Scholar, at Yale and Duke.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE COMPREHENSIVE AND GROUNDBREAKING GUIDE TO REGULATORY TECHNOLOGY\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe RegTech Book\u003c\/i\u003e is a comprehensive resource that offers an essential guide to the disruption, innovation, and opportunities of technology in the regulatory and compliance sector. Regulatory technology (RegTech) provides gains in efficiency for compliance and reporting functions whilst also holding the potential to fundamentally change market structure and supervision. This groundbreaking book offers an invaluable source of information for corporate professionals, regulators, compliance officers, start-ups, and policymakers on how RegTech can be applied in financial services and beyond. \u003c\/p\u003e\u003cp\u003eWith contributions from noted experts in the field, the Handbook brings together an understanding of the RegTech eco-system and its use cases in the financial services industry. The book explores the economic impact of digitization and datafication of regulation and reveals the opportunities and challenges brought by the application of innovative technologies such as blockchain and artificial intelligence. \u003c\/p\u003e\u003cp\u003eReaders will learn about today's RegTech eco-system and the future opportunities RegTech will provide financial institutions, regulators, technology companies, and other industries.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990327967973,"sku":"NP9781119362142","price":39.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119362142.jpg?v=1761787375","url":"https:\/\/k12savings.com\/es\/products\/the-regtech-book-isbn-9781119362142","provider":"K12savings","version":"1.0","type":"link"}