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Though HSBC is one of the premier banking and financial services providers and it has a brand legacy as compared to its rivals. On the other hand, the corporation is going through difficulties concerning the regulation of non-economic challenges so that's why HSBC Charge billions of Dollars as fines mainly because of the non-economical challenges. Also, the company have a traditional regulatory procedure but Mark Cook the Global head of operational possibility is undecided with regard to the functionality of the normal system so, he had to pick one selection i-e traditional and REGTECH. On account of efficiency and sustainability difficulties, Prepare dinner prefers REGTECH Solution to operate a pilot test which have excellent sustainability and efficiency in addition to lower Charge compared to read what he said the traditional technique.

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