Regulatory Alerts2021-09-27
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Regtech Adoption Practice Guide: Governance, Risk and Compliance
The Hong Kong Monetary Authority issued the third issue of the Regtech Adoption Practice Guide to address Governance, Risk and Compliance solutions. The document outlines a modular approach for building GRC Regtech platforms, highlighting key implementation components such as maturity analysis, project governance, and process change management. It emphasizes that successful adoption requires firm-wide support for digital transformation to balance regulatory costs and effectiveness.
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