As new regulations and emerging technologies rapidly shape the UK’s finance sector, RegTech is emerging as a crucial solution for firms grappling with these changes. The global RegTech industry is projected to grow at an annual rate of about 24%, reaching a valuation of $28 billion by 2028. In the UK, regulatory shifts introduced by the Financial Conduct Authority (FCA) and other bodies are steering the finance industry in new directions. These changes aim to enhance consumer protection and streamline processes to foster growth. RegTech is playing an essential role in helping firms navigate these complex regulatory landscapes and avoid costly penalties.

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