Emerging technologies applied to regulatory reporting 

Tech to the rescue: how ‘traditional’ and emerging technologies could ease the burden of regulatory reporting for SMEs

Published on: 31/01/2023
Last update: 10/03/2023

This new case study focuses on the existing and upcoming applications of emerging technologies and of other innovative approaches in the regulatory reporting process. The report highlights the ways in which emerging, as well as more traditional, technologies, can streamline the reporting process and thus reduce the administrative burden of SMEs at both the national and European levels.

It is now available on the Publications Office website – Check it out! 

In the study, regulatory reporting is understood as the provision of periodical structured or unstructured data (qualitative or quantitative) from concerned private and public organisations, to competent authorities (at EU or national level) as required by the requirements set in specific EU legislations. 

Through its case-study approach, the report reflects the knowledge and experiences of public and private sector organisations , including the main challenges and needs associated with the regulatory reporting process. Based on this information, the report provides a set of recommendations that policy, legal and IT experts working in the field of regulatory reporting in public administrations can follow to successfully integrate technologies into their regulatory reporting process so as to further streamline and simplify it.  

In addition, the report describes two examples of new technologies used in regulatory reporting, namely eID schemes and standardised reporting, which could put an end to long, less efficient, less reliable and less transparent reporting processes in the Member States. 

This study is a must-read for anyone looking to stay ahead of the curve and leverage the full potential of technologies in regulatory reporting. 

This study was commissioned by the European Commission under the ISA² programme. 

Special thanks to all the study contributors for their valuable input! 

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