As we round this year out, we are pleased to announce our RTA Industry Perspectives Report for 2022.  This report is delivered in partnership with our member, EY.

The report shows progress is positive but also that there's more work to be done. The foreword highlights this. Some of the most powerful insights include:

• Increased staffing levels despite the pandemic
• Most RegTechs are experiencing strong growth in revenue
• Reduction in the time to Signed POC/Trial across all customers
• Increase in at least 1 female founder in the business
• The continued shift from bootstrapped self funding to sophisticated venture capital
• The continued resilience throughout the pandemic
• Most buyers expecting their organisations or clients to have an increased appetite for RegTech solutions that address new risk areas

The RTA and EY will facilitate a webinar in the new year to unpack the findings - stay tuned.  For now, enjoy reading HERE.

Nick Boudrie, Co-founder and CEO of LAB Group shares their journey on becoming an international RegTech provider.

Listen to the full podcast here.

Applications are currently open for the National Agriculture Traceability Regulatory Technology (RegTech) Research and Insights grant round.

Murray Watt, Minister for Agriculture, Fisheries and Forestry said the new $6 million RegTech Research and Insights grant round would contribute to enhancing agricultural traceability and supporting the growth of the agricultural sector.

• $6 million of funding is available in total.
• Grants of between $50,000 to $500,000 are available.
• Applications close on 14 December 2022.
• Grant activities will run for up to 2 years (2023 – 2025).
• The grant round aligns with the objectives of the draft
• National Agricultural Traceability Strategy 2023-2033.
• For more information, click here.

The RegTech Association joins The Fintech Open Source Foundation (FINOS) as members. FINOS is an independent  non-profit organization whose purpose is to accelerate collaboration and innovation in financial services through the adoption of open source software, standards and best practices.

Read more here.

This article by Deborah Young, CEO of The RegTech Association discusses:

• Global RegTech spend by 2026 will be $204 billion USD
• Approximately 25% of this will be spent in the US
• US and UK/Europe most attractive markets for RegTech
• Pandemic driven evolution of the industry
• Increased investment

Deborah Young, CEO of The RegTech Association joined Ben Hobby, Global VP of RegTech at Objective Corporation to discuss RegTech growth, trends and collaboration across a global ecosystem - with a focus on government.

View the key points and full interview here.

Rachael Greaves, Co-founder and CEO of Castlepoint Systems speaks on the importance of female representation after winning the RegTech Female Entrepreneur of the Year Award last week.

Read more in the Australian Fintech Article here.

Arctic Intelligence has releases their 2022 AML Industry Benchmarking Report.

The report contains insights into hundreds of enterprise-wide money laundering and terrorism financing risk assessments alongside insights gathered from a public survey they conducted on financial crime risk assessments.

Get the report here.

Deborah Young, CEO of The RegTech Association joined Jo Ann Barefoot, CEO and Co-founder at the AIR - Alliance for Innovative Regulation to discuss the future of compliance.

The podcast gave a brief introduction of RegTech and discussed what solutions are available and how organizations overcome hesitance around tech and change.

Listen to the full podcast here.

The RegTech Association member Artius Global have recently completed their pre-Series A funding round led by Allectus Capital, the technology investment arm of ICM Limited.

Artius Global is a Regtech provider based in Singapore, who simplify regulatory reporting globally. Their flagship Artius Global Shareholding Disclosure solution covers multiple disclosure regimes including Substantial Shareholding, Takeover, Short Selling, Sensitive Industries and others in over 100 capital markets.

Read more here.