REG knowledge Blogs

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Articles

How Compliance Software Can Alleviate Regulatory Burden

In today's rapidly evolving business landscape, regulatory compliance has become a significant challenge for financial institutions and other regulated industries. The ever-changing and complex regulatory requirements place a heavy burden on organisations, leading to increased costs, resource allocation, and operational inefficiencies. However, a silver lining appears through the rise of compliance software, which serves as an innovative solution to manage the abundance of regulatory requirements...

Adverse Media Screening

The insurance industry and the regulatory requirements around counterparty risk is always evolving, and so the obligations to minimise the risk and safeguard customers is becoming much more challenging for insurance companies. In the wake of COVID-19, financial crime continues to increase and whilst not all of these can be stopped, it is crucial they are recognised.

Young People in Insurance and the Barriers they Face Entering the Market

In today's challenging job market, still in the midst of the Great Resignation, every industry is facing recruitment challenges and struggling to attract young talent. But for the insurance sector, these challenges are more acute than most, and they're nothing new. But why are the younger generations not being attracted to the insurance sector? There are a number of reasons for this...