FCA: UK Regtech Hype Has Cooled
The UK financial regulator is seeing fewer entrants into the industry as start-ups struggle to break into the market.
The UK regtech industry is struggling to realize its promised potential, said Nick Cook, the director of innovation at the Financial Conduct Authority (FCA), who was speaking at this year’s Sibos conference.
“I think in the UK market, regtech as an offering is somewhat struggling and plateaued at the moment. We see a reduction in the number of new entrants into the regtech ecosystem,” he said.
In the US, the situation is different, he added, with a lot of interest still evident among
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Waters Wavelength
Waters Wavelength Podcast: Episode 254 (Heads in the cloud)
This week, Tony and Shen talk about how firms approach cloud migration projects.
Subscribe to Weekly Wrap emails
Most read
- UK divergence on trading venue perimeter threatens more costs and a complex compliance landscape
- Gold standard: Are golden copies losing their luster?
- Tortoise and the hare: Nasdaq gears up for 1st migration in a long journey to AWS
- Continuous evolution: Researchers work to specialize NLP for finance
- Waters Rankings 2022 Winner's Interview: Bloomberg