With FinTech taking the region by storm, can RegTech save the financial industry from complicated and expensive regulatory compliance issues?
The World Arena Group, a leading conference organizer with offices in the UAE, UK, and USA, announced that it will host RegTech MENA; the first regulatory technology conference in Bahrain on 21st and 22nd November 2017. As an expanding segment of the broader FinTech universe, regulatory technology, or RegTech, intersects regulation with innovation and is set to revolutionize the financial services industry in 2017.
Bahrain is on track to become the fintech capital of the Middle East and all the right elements are placed to achieve this goal, according to HE Khalid Al Rumaihi, Chief Executive, Bahrain Economic Development Board (EDB).
With renowned speakers from the Bahrain Economic Development Board, Al Baraka Banking Group B.S.C. – Bahrain,Thomson Reuters, RFS Financial Crime, PWC, SAS Middle East and more will bring together the key industry leaders in regulatory, compliance, technology and risk management to discuss the future of RegTech and digital compliance in the region.
Ben Morgan, CEO of The World Arana Group said, “We are pleased to bring the first RegTech conference in Bahrain as the concept is spreading to the rest of the world and is increasingly being embraced by regulators and financial institutions as a way to manage compliance challenges and improve data management while reducing costs.”
“RegTech Bahrain will explore the latest digital innovations in the regulatory technology and risk management landscape and provides a comprehensive understanding of the drivers behind the rapid rise of RegTech, what RegTech means for financial institutions in the GCC, and how the sector is likely to develop,” Mr. Morgan added.
Register for RegTech Mena Bahrain here: http://bit.ly/2hqzwXq