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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: