The KPMG and Innovate Finance white paper A User’s Guide to RegTech (2022) highlights RegTech as a critical but under-recognized enabler of compliance and efficiency. Regulatory fines are rising—£1.1bn from the FCA (2019–21) and $4.3bn from the SEC in 2019—driving demand for technology to cut costs, tackle complexity, and improve compliance. Global RegTech investment reached $5.6bn in H1 2022, with market growth projected to hit $87bn by 2028. Key adoption drivers include cost reduction, stronger compliance, better consumer outcomes, and corporate efficiency. Success factors include updating legacy IT, faster procurement, board-level support, common data standards, and regulator engagement. Use cases span financial crime, reporting, ESG compliance, and governance, with case studies showing

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