RegTech & its Challenges

The Global financial crisis of 2008 was not only the turning point in the evolution of Fintech as we have seen in the last decade but a game changer for the resulting financial regulations as well. Financial markets have always been regulated on the basis of Efficient market hypothesis – the idea behind this is that there is sufficient information available to market participants to determine the price of the asset at any given point. This hypothesis, however, is based on a number of assumptions about markets. Perfect information available No transaction costs involved Perfect Competition Rational market participants All…...