Fostering the RegTech ecosystem in the financial sector in Singapore.
Promoting the invention and adoption of technologies to achieve better regulatory outcomes.
1. TALENT DEVELOPMENT
a) Work with tertiary institutions in Singapore to promote the concept of RegTech.
b) Facilitate the adoption of international expertise in Singapore through the exchange of knowledge (and attracting capabilities and talent).
ENGAGEMENT WITH REGULATORS
2. ENGAGEMENT WITH REGULATORS
a) Represent the RegTech community in Singapore in constructively engaging with regulators.
b) Be the bridge between the ecosystem and the regulators.
ENGAGEMENT WITH INDUSTRY
3. ENGAGEMENT WITH INDUSTRY
a) Organise events to promote the benefits and adoption of RegTech.
b) Foster the understanding of needs in the financial industry and the capabilities of RegTech.
c) Be the bridge between the financial industry, the RegTech ecosystem and regulators.
NURTURE THE DEVELOPMENT OF REGTECH COMPANIES
4. NURTURE THE DEVELOPMENT OF REGTECH COMPANIES
a) Work with other associations in Singapore and elsewhere to broaden the application of RegTech.
b) Facilitate the financing of RegTech ventures.
Reg Tech Sub-Committee 2019
Chionh Chye Kit
CEO & Co-Founder, Cypnosis Solutions Pte Ltd, Traceto.io Pte Ltd
Co-Founder and Head of Regulatory & Risk Services, Ingenia Consultants
Head of APAC Financial Crime Compliance Initiatives, SWIFT
Partner, Ignite Consulting & Services LLP