Regtech and regulations: what is the impact of technology?

RegTech allows companies to better manage regulatory compliance, but it is also a valuable tool to create added value and innovatively grow the business. But for this to be possible, companies need to implement specific technologies, which are the basic conditions for developing a good RegTech system, such as blockchain, AI, and RPA. When building a business and imagining strategies and ways to grow, one cannot help but take into account the regulations and operational and procedural requirements established by the legislature for a given industry, including when it comes to RegTech and regulations. Often, regulation is considered as an element that hinders or slows down the development of the business. In other words, one often perceives the conflict, the opposition between regulation and the development and growth of an entrepreneurial project.