The World Economic Forum white paper Regulatory Technology for the 21st Century (March 2022) explores how RegTech can make regulation more agile, transparent, and effective. It defines RegTech as applying technologies like AI, NLP, and blockchain to governance, compliance, and risk management. Case studies include Suade Labs’ open-source FIRE standard for regulatory data, GM using IBM’s OpenPages for risk oversight, Brazil’s Novo Hamburgo digitizing SME licensing, Colombia’s smart regulation ecosystem, and Xalgorithms’ “Oughtomation” for machine-readable rules. Success factors include strong engagement, user-centric design, experimentation, and collaboration. The roadmap urges regulators and firms to adopt incremental, dynamic approaches that integrate technology into existing frameworks.

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