As a specialised branch of Fintech, Regulatory Technology (RegTech) is gaining more and more interest for its ability to address the management of compliance procedures through innovative solutions. One of the key areas of RegTech application is the Know Your Customer (KYC) and Know Your Business (KYB) process, where financial institutions are required to identify and verify the identity of individual clients or the corporate structure of business clients to protect the overall financial industry from money laundering activities. Together, RegTech innovation and new KYC & KYB requirements are reshaping the provision of traditional financial services.

In light of this, the Italian Chamber of Commerce in Hong Kong and Macao, in collaboration with CRIF​ and Know Your Customer​, is pleased to invite you to Webinar: The Regulatory Drive for RegTech Innovation and Digital KYC in Hong Kong. CRIF, a leading banking credit information provider formed a strategic partnership with Know Your Customer, an award-winning RegTech company in August 2021.

The webinar will highlight the following topics:

• The traditional challenges related to KYC/KYB compliance in Hong Kong
• Examples of customer demands for digital and seamless onboarding experiences accelerated during the pandemic
• Overview of the current push by the HKMA for RegTech adoption in HK
• An exploration of how Know Your Customer's digital solutions address all the issues and current demands
• A detailed breakdown of the 5 pillars of KYC/KYB compliance that RegTech can help automate and streamline:
• Document collection (from the HK registry, but also across multiple jurisdictions)
• Data Extraction & Verification
• Workflow & Case Management
• On-going Monitoring
• Reporting

The webinar will also cover a short demo of the Know Your Customer solution, unravelling a multi-jurisdiction case.

Don't miss out! Attend this webinar to apprehend valuable insights on RegTech Innovation and Digital KYC in Hong Kong.

Terms and Conditions:

• The webinar link will be sent to the registration email by 5 PM the day before the webinar.
• Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
• Cancellations must be provided in writing to: icc@icc.org.hk at least 72 hours (3 days) prior to the event. No shows will be charged.
• This event is closed to the media.
• By attending this event, you agree to be photographed, recorded, and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
• The event will be cancelled if the No.8 Typhoon Signal (or above) or the Black Rain Storm Signal is hoisted.
• For further information, please email icc@icc.org.hk