In many cases, in fact,

[nurmohammadkhan]

Regulatory compliance is undoubtedly one of the most delicate aspects of any business: in fact, every company must always deal with the requests made by the Legislator and always be sure to move in full compliance with current legislation.

Often, such regulatory requirements change over time and are modified depending on the objectives pursued by the Legislator himself or the needs of a specific moment or of a particular economic sector.

For this reason, compliance can be a particularly costly challenge for all companies, which denmark whatsapp resource are often forced to spend time and resources (both human and financial) to maintain compliance with regulatory dictates.

In addition, for certain business areas – particularly those related to finance, insurance and banking – stringent compliance with specific regulatory requirements is relevant for the purposes of civil and criminal liability of companies.

companies can be called to answer directly for certain situations if it is found that they have failed to comply with regulatory requirements and, therefore, that the compliance system designed internally is inadequate, with sometimes serious consequences for the company itself and certain professional figures.

Precisely in light of this and given the need to reduce energy expenditure while simultaneously making many of the company's internal verification and control procedures simpler, faster and more agile, RegTech was born , that is, that set of " technologies that can facilitate the delivery of regulatory requirements in a more efficient and effective way than already happens ".