U-Reg’s Post

🌟  I am excited to share that U-Reg has been awarded the Monetary Authority of Singapore (MAS) Financial Sector Technology and Innovation (FSTI) Innovation Acceleration (IA) grant! 🌟  This grant supports the experimentation, development, and dissemination of cutting-edge technologies in the financial services sector. 🚀 The objective of this initiative is to develop and disseminate an AI-driven ESG reporting equivalence engine, in collaboration with BNP Paribas as the Project Partner of this initiative, to tackle the fragmentation, the standardisation challenges and the lack of harmonization in ESG reporting. This innovative solution will help financial institutions and their clients navigate ESG taxonomies across global standards, regulatory bodies, industries, and exchanges. I want to extend my gratitude to BNP Paribas, and especially Antonina Redko and Shilpa Gulrajani, for their willingness to participate in this project and for their unwavering support. We look forward to working with the BNP Paribas teams involved as we embark on this journey to redefine how institutions interact with their ESG regulatory data.   I would like to also thank Joris Dierckx, CEO and Head of Southeast Asia at BNP Paribas, for his support. Joris stated: “We are happy to grant our support and work with U-Reg on enhancements to the platform. ESG reporting is progressively becoming a must for many companies. Having a tool that uses modern technology to standardise and simplify the reporting process would be a great achievement, and an important step forward for various stakeholders.” By connecting data across standards and driving operational efficiencies, we uphold the 'input once, report to many” principle at the core of the U-Reg platform. This project will also help anchor Equivalence as a Service in the regulatory space, paving the way for more streamlined and efficient regulatory compliance across processes. #Innovation #ESG #Fintech #RegTech #Sustainability #Compliance