Posted: 20 Aug 2024 Resource Type: Research Report Download Back Good regulation is vital to a stable and sound financial services sector. It must serve the interests of both consumers and investors alike. Good regulation is an enabler of the wider financial system, providing trust and confidence for everyone’s benefit. In today’s world, regulatory measures are deeply integrated into the life cycle of all financial institutions, be it in insurance, banking, or asset management. The UK has long been recognised as a global thought leader in financial regulation, so it is no surprise that both the Financial Conduct Authority and the Bank of England have been proactive in their approach to technological innovation. In this report, we showcase the benefits of RegTech by presenting successful examples of RegTech implementation which have helped UK firms to cut compliance costs, be more efficient, and save time and resources. This report is intended to foster collaboration, build sustainable growth in the RegTech industry, and in particular, motivate UK organisations to use, invest, and embrace the value that RegTech can bring. We believe that RegTech's adoption can enhance the competitiveness of the UK financial services sector and make it a safer and stronger place to do business. "A financial services sector that is robustly compliant can only be good for the economic development of the UK.” Dr Sian Lewin With thanks to members of the RegTech Platform Strategy Group who provided commentary on the UK RegTech landscape in 2024. Read now at Finextra Policy Chairman Chris Hayward writes for Finextra on how London remains the heart of global RegTech Policy Chairman Chris Hayward writes for Finextra on how London remains the heart of global RegTech Download the report RegTech test | Identifying the policy impact on compliance technology RegTech test | Identifying the policy impact on compliance technology Download the report 2021: A critical year for RegTech 2021: A critical year for RegTech Discover Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report The City of London Corporation’s US Office Apr 2026 - The City of London Corporation’s US Office works to strengthen engagement between the UK and the United States across financial and professional services. The City of London Corporation’s US Office Research Report Seizing the UK’s carbon credit opportunity Apr 2026 - High‑integrity carbon credit markets are critical to closing the global net zero financing gap while supporting environmental and social outcomes. Seizing the UK’s carbon credit opportunity Research Report The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Apr 2026 - Explore the progress we’ve made in championing the UK’s financial and professional services industry in 2025/2026. The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Research Report Transition Finance Council: Year-end progress report Mar 2026 - This report offers a snapshot of the Council’s first year: progress made, lessons learned, and the path ahead. Transition Finance Council: Year-end progress report