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Regulatory Hurdles at the Forefront of Iran RegTech

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Although all speakers at Iran RegTech listed unending impediments in making regulatory processes efficient, all of them remained upbeat that young talented Iranians will ultimately overcome all hurdles
Regulatory Hurdles at the Forefront of Iran RegTechRegulatory Hurdles at the Forefront of Iran RegTech

Legal experts, former bankers and CEOs of Iranian startups converged at Khatam University in Tehran on Wednesday to help devise solutions to overcome regulatory hurdles facing local tech firms.
The event was dubbed Iran RegTech, short for regulatory technology, a new field that utilizes information technology to ease regulatory processes.
Among the speakers were Mohammad Jafar Nanakar, Iran IT Organization’s deputy, Valiollah Fatemi, former banker and director of Kuknos that minted Iran’s gold-backed cryptocurrency, Mohammad Farjood, the head of Tehran Municipality’s ICT Organization and Jhubin Alaghband, CEO of Iran e-commerce giant Snapp.
Shahab Javanmardi, CEO of FANAP—an ICT company affiliated to Bank Pasargad, Nima Namdari, deputy manager at e-commerce firm e-Farda, and Amir Hamooni, CEO of Iran Fara Bourse, outlined what RegTech is and how it can enhance regulatory processes.

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