Reviewing the regulatory landscape and the role of RegTech post COVID-19

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The regulatory function aims to be prepared—but the scale and scope of the COVID-19 pandemic is overwhelming existing regulatory assumptions.

The pandemic shines a light on regulators’ need to revise existing regulatory expectations, particularly around emphasis and timing.

Current short-term fixes, such as postponing timelines and freeing up resources, should likely yield to more—not less—regulatory oversight, with heightened focus on commercial banking conduct, stress testing scope and operational resilience.