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First, some context.

I still remember the moment I realised that compliance professionals deserved a better solution. It was not too long ago, while I was still serving as an in-house compliance professional. I had concluded a call with another potential vendor who was looking to sell us a due-diligence solution. The solution seemed pretty impressive and we definitely had a need for it, but I was still skeptical, probably because of Janine (not her real name obviously). Janine was one of my team members who was also on that call. Amongst her other responsibilities, she was responsible for managing…

When it comes to compliance risk, several things are not in dispute:

  1. The fact that it is an existential risk.
  2. The fact that people should and do take it seriously.
  3. The fact that businesses everywhere are investing a lot to manage this risk.

Why then is it still so difficult to get a clear response to the following question: How compliant is your business?

Now, if you happen to be a compliance professional reading this, you must have just asked yourself that same question, followed by this one: why don’t we know?

Granted, this is a difficult question to answer…

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The Securities Commission of Malaysia has introduced and passed the Guidelines on Submission of Corporate and Market Product Proposals (‘Guidelines’) which detail an enhanced IPO framework. Effective from January 1, 2021, the new mechanism is an attempt to reform the process of submission of an IPO and Reverse Takeover (‘RTO’) application for listing on the Main and ACE (‘Access, Certainty, Efficiency’ formerly known as ‘MESDAQ’) Market. Replacing the Guidelines on Due Diligence Conduct for Corporate Proposals, 2008, the regulations being introduced provide a more liberal regime with healthy oversight and greater shared responsibility among all entities involved.

The new regulatory…

Photo by Etienne Martin on Unsplash

Over a year in the making, Hong Kong’s Limited Partnership Fund Bill (‘LPF Bill’) provides a new structure for private equity funds in the city. The passage of the LPF Bill is a move by the Hong Kong government to encourage fund managers to domicile their funds in Hong Kong, and establish itself as the new home of private equity funds in Asia. Despite over 500 venture capital and private equity firms based in Hong Kong, managing over US$ 150 billion, almost no fund used a Hong Kong fund vehicle. …

Managing regulatory risk can be a nightmare. Don’t compliance officers deserve better?

Reputational damage. Absurd fines. Unwanted scrutiny. Suspended licenses.

These are just some of the consequences that await firms in financial services who fail to comply with their regulatory obligations well. So when it comes to managing their regulatory risk, their business LITERALLY depends on it. Naturally, with such high stakes, you would assume that there would be ample investments made to simplify the process. The truth is however, in most cases, managing regulatory risk is a nightmare for compliance teams. Here’s why.

Monster Reason #1: They are already swamped with work

Across most firms, compliance officers are typically expected to…

In order to manage regulatory risk well!

When it comes to regulatory change management, the default tools in the arsenal of every regulatory compliance professional include emails and excel spreadsheets. It’s easy to see why: these are incredibly easy-to-use and flexible tools that we already use every day for different purposes. While that flexibility can become addictive, it does have its limitations; and when it comes to regulatory change management, those limitations can be costly. Here are 3 reasons why regulatory compliance teams need to move beyond emails and spreadsheets in order to manage regulatory risk well.

  1. SURPRISE, SURPRISE! Emails and Excel Spreadsheets were not designed for…

We know compliance teams love spreadsheets and they use spreadsheets for (almost) everything related to regulatory change management. However, managing multiple spreadsheets can get chaotic and disorganized very quickly.

This is why we built Schemas, our new smart spreadsheets feature designed just for regulations. With Schemas, you now only need 1 solution for all your needs.

Check out our video to learn more!

Originally published at

There has been an explosion in recent years of technology solutions designed to enable regulatory compliance. With the accelerating growth of RegTech solutions in the market — what does the future hold? Well, here’s our (radical) take on the future of regulatory compliance.

There has been an explosion in recent years of technology solutions designed to enable regulatory compliance. Generally referred to as the Regulatory Technology (RegTech) industry, also known as the younger sibling of Fintech, the rate of expected growth is phenomenal, to say the least with the industry expected to hit USD50 billion in value by 2025.

This is great news for compliance professionals everywhere who are largely still struggling with the inefficiencies of managing their compliance frameworks manually. Why? Because the more solutions there are out there in the market, the better the likelihood that they will be better tested…

“RegTech”! Everyone seems to be talking about it and as a compliance professional, you must probably be wondering what all the hype is about. Read about our dating advice for all the RegTech newbies out there.

“RegTech”! Everyone seems to be talking about it and as a compliance professional, you must probably be wondering what all the hype is about. Well it’s no wonder because, in recent years, RegTech has become more prevalent as technology vendors rush in to seize opportunities to develop solutions that help improve productivity and risk management while driving the cost of compliance down. This includes offerings in compliance reporting, regulatory change management, cybersecurity, anti-money laundering or general compliance management. In fact, things are going so well that some estimate that the RegTech market size will be worth up to $55.28 …

Regulatory compliance is a major pain for compliance professionals. Read about our thoughts on why compliance teams across almost every vertical in the financial services space struggle with the same pain.

Regulatory compliance is a major pain for compliance professionals. I would know because in my time as a compliance professional, I experienced this pain firsthand. Allow me to explain: on any given day, a compliance officer is already working on a bunch of things which can include, delivering training, resolving policy-related questions from employees (that sometimes veers into examining the philosophical underpinnings of what is considered ethical) or performing risk assessments of new business products or initiatives. It’s a busy day on most days of the week. Now imagine learning by word of mouth that there is a major regulatory…


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