In this exclusive interview, Mona Zoet, Founder and CEO at RegPac Revolution in Singapore and Member of AGRC’s Advisory Council, sheds light on the latest developments in regulatory technology (RegTech) in Asia and beyond.

Below are some of the questions Mona tackled as part of this session.

  1. How are organizations leveraging RegTech solutions to streamline regulatory compliance processes in the Asian markets, and what key benefits or challenges have you observed in adopting these technologies?
  2. Can you highlight any emerging trends or innovations in RegTech specific to Asian markets that your organization is closely monitoring?
  3. In the context of diverse regulatory landscapes across Asian countries, how do organizations navigate cross-border regulatory challenges, and what role does RegTech play in ensuring consistency and efficiency in compliance practices?
  4. With growing concerns around data privacy, how is your organization addressing the intersection of RegTech and data protection regulations in Asian markets, and what strategies are in place to ensure secure and compliant data management?      
  5. Given the increasing sophistication of financial crimes, how do organizations utilize RegTech tools to enhance anti-money laundering (AML) and fraud prevention efforts in Asian markets, and what advancements are you anticipating in this space?       
  6. How are organizations incorporating RegTech solutions to automate regulatory reporting processes, and what efficiencies or challenges have you encountered?

Check out the full interview below!

Mona Zoet, founder and CEO of RegPac Revolution has over 20 years of experience in the  Financial Services Industry within the Legal, Risk, and Compliance areas, specializing in AML and  KYC within some of the biggest banks. Prior to setting up her own business, she worked in top-tier Financial Institutions around the globe.

During this time, she became acutely aware of the Regulatory, Operational, and Risk Management pain points faced by banks and other Financial Institutions alike. She is the RegTech Sub-Committee Member of Singapore FinTech Association Asia, which exists to ease and accelerate the evolution of the RegTech industry, by facilitating integration, collaboration, and innovation within the Financial Services sector.

Mona has contributed to a number of publications in the RegTech space: “The Legal Aspects of Blockchain,” a book published by the UNOPS, focusing on the legal implications that blockchain has, not only in humanitarian and development work but also on existing regulatory frameworks, data, and identity. Additionally, Mona also shares co-authorship for the book #RegTech Blackbook, and #RegTech Blackbook The Sequel which highlights all the latest developments of RegTech, FinTech, WealthTech from different angles. Lastly, Mona has also been mentioned as one of the RegTech top 100 influencers, a report created by Analytica One.