The super structure: using AI and smart technology to meet regulatory demands for a robust regulatory change framework

Audit teams, both large and small, often cite talent shortage as the primary deterrent when filling open positions. Every candidate has a unique set of skills, and unfortunately, we may have pass up a person with a great resume if we are trying to hire to fill a specific need in our department.

On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act.

The tremendous volume, scope and ever-changing nature of regulatory change in financial services is a primary driver behind the growth in RegTech revolution.

Are changes in some areas of financial services regulation examples of deregulation, or adjustments in regulatory focus? In this ABA Banking Journal article, Wolters Kluwer's Tim Burniston notes concerns over regulatory obligations remains high.