Regulatory technology (RegTech) can assist fund managers in complying with legal requirements by, among other things, automating processes and digitizing records. Although RegTech can reduce costs and increase efficiency, it does not come without challenges. For example, properly training systems with appropriate data can be difficult. FINRA recently analyzed these and other issues in a conference focused on RegTech, which featured regulators, financial services firms and subject matter experts. This two-part series covers the second half of that conference. This second article examines the benefits and challenges of artificial intelligence; approaches to the adoption of RegTech; and associated compliance challenges. The first article discussed the portions of the conference that focused on digital identification, suspicious activity reporting and machine learning. For more on RegTech, see “Cordium and Aite Group Survey Benchmarks Use of ‘RegTech’ by Asset Management Firms” (Feb. 8, 2018).