UPDATE ON DIGITAL REGULATORY REPORTING

March 13, 2019

Phase 1 completed.

Beginning Pilot Phase II (February 2019 – present)

This phase of work will focus on addressing some of the gaps identified in phase I, in particular understanding the economic viability of DRR and exploring how it could apply to different product groups.

Priority Objectives of the pilot will be;

  • Assess economic viability of DRR from a participant organisation, industry and economy-wide perspective
  • Explore possible third party solutions for the generation of machine executable regulation and the definition of data and how they may fit into DRR vision
  • Further develop and test processes for definition of data and creation of machine executable regulation developed in phase 1

https://www.fca.org.uk/digital-regulatory-reporting