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How Regulatory Requirements Impact Software Development in 2023


We’ll explore the current state of the regtech industry and take a closer look at the way regulatory requirements are impacting software development in 2023

In addition, the growing demand for professionals who understand the complex regulatory landscape naturally leads to a competitive job market, thus exacerbating the issue. It expanded the CCPA to give residents even more power, such as the right to restrict personal information use, correct it, inquire about automated decision making and opt out of it. By introducing reporting requirements, it aimed to simplify and improve the regulation of over-the-counter(OTC) derivatives and central counterparties(CCPs) in the E.U.

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