Regulatory Technologies and Regulatory Intermediaries: Converging Regulatory Responses to RegTech
Donal Casey
What the paper says
Financial institutions are increasingly deploying artificial intelligence (AI) technologies to automate and augment compliance activities. This paper examines the financial sector’s use of AI-based regulatory technology (RegTech) and argues that both AI-based RegTech programs and developers function as regulatory intermediaries. It explores how the increasing agency and competencies of these technologies create incentives to delegate and introduces delegation problems. Through a comparative study of financial regulators in the UK, Singapore, and Hong Kong, the paper examines how regulators have converged in constructing systems of control to harness the competencies of these intermediaries and mitigate delegation problems.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.