The UK government’s Regulatory Innovation Office (RIO) has announced a new partnership with the Digital Regulation Cooperation Forum (DRCF) to streamline regulatory processes and support fintech innovation, a move aligned with the government’s broader Plan for Change to fuel economic growth through technology.
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Technology Secretary Peter Kyle unveiled plans on July 1 at CityWeek’s AI and Digital Innovation Day to develop smarter, user-friendly tools that help fintech firms and other digital innovators navigate the complex regulatory landscape more efficiently. This initiative aims to establish a unified digital library providing a single access point to regulatory guidance, making compliance easier—particularly for startups and SMEs that often lack large compliance teams.
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