RegCast

With DORA’s deadline fast approaching, financial services and their tech partners are in a countdown to meet Europe’s most rigorous resilience standards.   In “Deadline DORA,” we explore how global technology suppliers are preparing to shoulder DORA’s compliance load, redefining the supply chain into a resilient partnership model that meets strict oversight and transparency demands. Monica Sasso, Global Financial Services Digital Transformation Lead at Red Hat and Anne Leslie, Cloud Risk and Controls Leader for EMEA at IBM Cloud join us to break down the immediate challenges and long-term shifts in these partnerships, we’ll tackle the critical questions: How will tech suppliers adapt to support financial institutions’ evolving resilience goals? And can they maintain innovation while meeting stringent DORA requirements? Tune in to hear industry experts share insights on navigating this high-stakes regulatory landscape just weeks before go-live.  Discover how DORA differentiates itself from other directives and what it means for regulators, firms and suppliers alike in JWG’s research: DeFi RegTech Opportunities: 2025 hereScaling OpRes Mountain: The New Risk Frontier: hereNavigating OpRes storms in 2025 here‘EU vs. UK OpRes: Ready, Set, Resilient’ here‘Winning the OpRes Marathon’ here ‘Taming the DORA dragon’ here for backgroundRegTech Newsletter: hereRegCast Season 5: Winning the OpRes Marathon here

RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. Failing to address your organization’s digital resilience before the deadline could result in serious regulatory fines, reputational risk, supplier conflicts and even criminal liability. But regulatory regimes, norms and enforcement varies and CEOs may rightfully ask about the potential consequences and the seriousness of the regulators’ intent. In this episode, Gavin Stewart, a former UK regulator, Alex Dorfman, technology risk expert and PJ Di Giammarino, CEO and founder of JWG, discuss the drivers behind DORA, PS21/2, enforcement trends, and proactive compliance strategies for this new, digital regulation. Discover how DORA differentiates itself from other directives and what it means for regulators, firms and suppliers alike in JWG’s research: Navigating OpRes storms in 2025 here     ‘EU vs. UK OpRes: Ready, Set, Resilient’ here‘Winning the OpRes Marathon’ here ‘Taming the DORA dragon’ here for background       RegTech Newsletter: hereRegCast Season 5: here Thank you for liking our research so that others can enjoy it as well.

In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. Failing to address your organization’s digital resilience before the deadline could result in serious regulatory fines, reputational risk, supplier conflicts and even criminal liability. But OpRes is a serious ask that cost billions and it means better ‘ships’, better direction, and better deployment of RegTech to overcome 40 years of legacy attitudes towards technology. In this episode Chris Owers, Global Head of Regulatory Compliance, First Derivative and Sajjad Khan, an AI and Technology Infrastructure expert join PJ Di Giammarino, CEO and founder of JWG, to discuss the implications of the EU’s Digital Operational Resilience Act (DORA) for technology infrastructures, the boards that oversee them and the technology providers that supply them. You can find all the research on https://jwg-it.eu/.

In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. In this episode, Sam Tyfield, a financial services lawyer, and PJ Di Giammarino, CEO and founder of JWG, discuss the implications of the EU’s Digital Operational Resilience Act (DORA) for financial entities with Laura, Clatworthy, Partner, Dispute Resolution at Memery Crystal - Rosenblatt. Join us as we unpack the big opportunities DORA presents for kitemarking DeFi infrastructures and cutting costs of TradFi compliance.  See JWG’s research:    ‘Winning the OpRes Marathon’ here ‘Taming the DORA dragon’ here for background RegTech Newsletter . The OpRes Marathon: winning with RegTech here

In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. This season is a must-listen for financial industry professionals who need to understand the shifting dynamics of 'business as usual' under new compliance pressures.  Join us as we unpack the expectations regulators have for managing technological risks that threaten systemic stability. Our conversations with industry leaders provide actionable insights to help you navigate these pivotal changes. Kicking off the season, Sam Tyfield, a financial services lawyer, and PJ Di Giammarino, CEO and founder of JWG, discuss the implications of the EU’s Digital Operational Resilience Act (DORA) for financial entities. Discover how DORA differentiates itself from other directives and what it means for regulators and suppliers alike. See JWG’s articles on ‘Winning the OpRes Marathon’ here and ‘Taming the DORA dragon’ here for background. Stay ahead of the curve—tune in to RegCast to ensure your organization is prepared for these transformative regulatory demands.

As financial institutions face increasing pressure from regulators and customers to ensure transparency and ethical behavior, the importance of surveillance RegTech has grown exponentially. But what drives the adoption of better technology? Is it fear of regulatory fines, greed for profit, or a genuine focus on customer safety? Episode 6 of RegCast Season 4 explores the 2024 surveillance forces in the lead-up to JWG’s highly anticipated conference in London on February 7th. Firms and regulators register FREE and find materials here.

Regulators are doubling down on data quality and post trade reporting as 8 countries are switching to new derivatives reports this year. Firms are mutualising efforts and leveraging the open source Common Domain Model to de-risk the implementation and leverage “common glue” to better understand their risks. This is a big step up for firms amongst a large amount of change. Will firms adapt their technology platforms to unlock the power of data, AI to get more insight from their business flows? Join JWG and Pierre Kovacs, a trade reporting guru from Endava as they talk through the key issues from the latest RegRadar for data, AI and regulatory reporting in advance of JWG’s annual conference on 7 February in London – firms and regulators register FREE and find materials here.

AI is in the policy makers’ sights and European regulators took a big step towards implementing tough new Digital Operational Resilience standards this month. It's not just one technology risk that regulators are keeping an eye on, there are dozens of new rules that apply to tens of thousands financial institutions and their suppliers. Everything from Cloud to Cyber and Quantum is on the RegRadar in this RegCast. The panel decodes the impact of the rules that will  shake the culture, operating model and accountability for technology to its core. Listen in as we set the scene for our annual RegTech conference on 7 February in London! Please find our latest research and join us here: https://regtechconference.co.uk/contact-us/

Rethinking ESG regulatory reporting  becomes a critical board-level challenge. Regulatory standard setters have been actively shaping the landscape and defining what “good green data looks like”. Implementation of new XBRL templates kicks off in 2024 and has pushed ESG data plumbing to the top of the open source standards list as financial institutions search for a way to create an auditable path between their data sources and the regulatory reports for the EU's  Corporate Sustainability Reporting Directive (CSRD). Experts from Solidatus, Thomson Reuters Regulatory Intelligence and XBRL join JWG to discuss the key issues which will shape our 2024 priorities in advance of our annual conference on 7 February in London – find research on this topic and register here.

ESG and climate standard setters have been busy. Boards face an alphabet soup of voluntary, industry, regulatory bodies which are defining how ‘green’ they are. New capabilities are required in 2024 to manage the deltas between the languages being used to describe ‘what green looks like’ to an auditable standard.   Large firms caught by EU regimes are facing very tight reporting Implementation deadlines that require looking at operations, risk and information management in fundamentally different ways. Kevin Bourne, former trader and ESG data guru, primes us for what lies ahead and teases out the ‘so what’ for regulated firms in advance of our annual conference on 7 February in London – register here.

It has been 3 years since we embarked on the RegCast journey and 48 episodes later we take stock of the progress we have made against our podcast goals. PJ Di Giammarino, CEO and founder of the global think-tank, JWG and Corrina Stokes, JWG COO discuss what we’ve learnt on the journey so far, what’s important in 2024 and how that will shape our 2024 RegCast priorities in advance of our annual conference on 7 February in London – register here.

In this RegCast, we discuss the findings from our JWG report "Embedded Compliance Unlocked" which we have published with support from Apiax and EY. This authoritative white paper shines a light on how financial institutions have embraced AI and other technologies as part of their digital transformation journey, using rule repositories and model-based controls to overcome fears of non-compliance and increase profits while ensuring safety throughout the process.  AI-enabled Embedded Compliance has the potential to have a big impact this decade and those that have established rule repositories are at a distinct advantage and moving now. What does it take to do it right? Join us for a dynamic discussion on the future of compliance technology with Ralf Huber, Co-Founder of Apiax, and Darko Stefanoski, Partner, Law Leader Financial Services, EY Switzerland. Download the paper free here: https://jwg-it.eu/article/uec/

Financial services RegRadars have been hot this summer with regulators dumping new demands for everything from AI to Quantum before hitting the beaches. In this RegCast, we discuss the findings from our upcoming JWG report "Unlocking Embedded Compliance" which we have authored with support from Apiax and EY. This analysis sheds light on how numerous financial institutions have integrated embedded compliance into their digital transformation journey. With more leaders embracing RegTech, the industry can be more agile and efficient. Common models and open source become the reference point for ‘what good looks like’ to the customer and regulator'. Or can they? Join us for a dynamic discussion on the future of compliance, its implications for financial institutions, and why now is the time to take action. JWG is joined by Ralf Huber, Co-Founder of Apiax, and David Silverman, author of "Stop Harming Customers: A Compliance Manifesto".

In this episode of RegCast, we delve into the $2 billion recordkeeping fines that have impacted firms' communications infrastructure. We discuss the root causes and how regulators are targeting compliance officers and business owners who act outside the boundaries. Sam Tyfield, Shoosmiths and Chad Billing, NICE discuss the shifts in regulatory expectations and the reality of technology and compliance. We also explore how AI-powered analytics can provide context to surveillance data and reveal its true meaning. However, with senior management regimes and EU AI Act looming, we emphasize the importance of designing systems with sufficient controls in place to meet regulatory, employee, and customer requirements. Our guests share insights on how breaking silos and utilizing open-source collaboration tools like the CDM can help deliver a holistic view of integrated risk in a better, faster, cheaper, and safer way. Don't miss this informative and engaging episode and for more JWG analysis on breaking surveillance silos see JWG’s latest research here.

Generative AI has had a profound impact on the 2023 RegTech agenda. It can help but needs safety rails that keep the business in control and gives compliance visibility over the digital banking platforms. The fact is that there are many processes, like regulatory reporting, that are out of control today. Common code will help cut through the fog of thick policies, controls, and risk spreadsheets. However, it can’t be another corporate GRC tax, it needs to be aligned to the systems that run the business that already have regulations that forbid black box AI. This panel brings these challenges to life and sets the scene for JWG’s 29 June Reporting RegTech and SupTech Seminar. Register here: https://reporting.jwgevents.org/   22 March Panel: Priorities wrap-up 29 June Panel: Priorities

As the Silicon Valley Bank shock waves echo through the system, the market is asking: shouldn’t we have seen this coming? Integrated risk management has always made sense but it is a dream that requires joined up data, systems, benchmarks, standards and frameworks. Firms, driven to operational efficiency, and regulators, keen to protect the consumers have aligned interests.  Yet we have been talking about the need for this shift since 2017. The 2023 challenge is to find a way to agree the risk framework that is based on code, not mountains of paper. Will SVB be a wakeup call that spurs regulator and regulated to align on what good risk management looks like? In advance of JWG’s 22 March Trading Compliance Seminar we explore what matters in 2023. Register here: https://tc.jwgevents.org/contact-us/

Description: Just when policy makers had pens poised to update rulebooks FTX spooked policy makers. In the famous words of Warren Buffet, many guiding lights were found to be swimming naked when the tide went out. However, RegRadars have lit up as intrepid regulatory agencies have pushed forward with a patchwork of international guidance that has set the scene for the rulebook updates. In this context, the UK’s 2 Q123 consultations has forged a critical path forwards. In this episode we explore how the digital asset international framework is written and articulate the keys to success which we will elaborate at JWG’s 22 March virtual seminar https://tc.jwgevents.org/contact-us/

Europe’s dream of transparency has turned into a market data nightmare plagued by extortionate costs and dubious quality. In Brussels, Paris and London the political focus has now shifted from unread best execution reports to finding clarity with truly transparent feedback loops between the consumer and the market participants. Trading RegRadars are hot as regulators on both sides of the channel are now mandating consolidated tapes and looking at commercial obligations. In advance of JWG’s 22 March Trading Compliance Seminar we explore what firms should be doing now to get ready for big changes which will be introduced later this year. Register here: https://tc.jwgevents.org/contact-us/

Public and private sectors are finding a path through the jungle of compliance to safe, compliant code. Firms have critical infrastructure decisions to make and the public/private structures in place today will require new mandates, new ways of working and new compliance tools. Financial Services regulatory experts Gavin Stuart, Director, Grant Thornton with 27 years of UK regulatory experience and PJ Di Giammarino, CEO and founder of the global think-tank, JWG give their perspectives on their RegTech radars and the top themes for industry collaboration this year.

By 2025, overlapping requirements to mitigate operational resilience,  control third-party services and improve technology governance will require unprecedented transparency and assurance from third-party technology providers. These new regulations will fundamentally change the landscape for the biggest tech companies and their customers. What will this mean to firm risk silos and how will a complicated supply chain help meet these fast-moving regulatory controls? In the run-up to JWG’s 9-10 November conference, we ask banking, compliance and technology experts what should be on the agenda for 2023. Please join us here: https://regtechconference.co.uk/contact-us/