At the Thomson Reuters RegTech 3.0 event today, our genial host Carsten Rosenkranz showed us a poem titled "Gate" that was composed by an artificial intelligence machine built by Thomson Reuters technologists in their Center for AI and Cognitive Computing. Read it here.
Subsequently, financial crime specialists Molly McQueen, Richard Carrick, David James and I had an enjoyable and spirited dialogue at the Future of RegTech panel. David steered the discussion most ably, so that the latest regulatory hot topics such as cybersecurity, data privacy and crypto schemes were covered. We all agreed that DLT technologies are here to stay and will continue to impact the world in yet unimagined ways. The regulation of money flows by governments should be undertaken with an eye to eradicate crimes against humanity such as drug and human trafficking and not merely to address market/ economic harms. The latest technological advances in DLT, AI, predictive analytics and such will help us to do things better and better. They may even help us to do things right. However doing the right thing in a difficult situation is predicated on people resolving to do so, and then acting accordingly. Big thanks to TR's Robin Lee who invited us! - Aaron