The Chief Executive
All Authorized Institutions
Dear Sir/Madam,
I am writing to share with the industry the ninth issue of the Regtech Adoption
Practice Guide.
This issue focuses on Regtech solutions for customer data and privacy. These
Regtech solutions can help banks improve the effectiveness of their privacy
compliance activities and boost customer trust amid the growing volume of
customer data collected and processed.
This practice guide provides implementation guidance to help banks plan the
adoption of Regtech solutions for customer data and privacy. It offers advice on
how banks can use these solutions to address the challenges across the customer
data lifecycle, from data inventory to consent management, data processing,
impact assessment, and incident response.
If your institution has any questions regarding Regtech or any feedback on this
Regtech Adoption Practice Guide series, please feel free to contact Mr Nitish
Koladoo on 2597-0934 or Mr Anson Chan on 2878-1835
Yours faithfully,
Raymond Chan
Executive Director (Banking Supervision)
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