Tag: RegTech

FinTechs get a new Senate focus

Posted on   |  by Denham Sadler
A senate committee has been formed to conduct a year-long inquiry into the Australian FinTech and RegTech industries as potential areas for further reform, with the expectation it will...

NSW drags digital to the centre

Posted on   |  by Vitaly
NSW Minister for Finance, Services and Property Victor Dominello has foreshadowed structural changes in government that would bring its successful citizen-facing Service NSW delivery model even closer to the...

ASIC puts $6m to new innovation

Posted on   |  by Vitaly
The Australian Securities and Investment Commission has revealed that it has set aside $6 million over two years to develop financial regulation technology (RegTech), including collaboration with industry on...

ASIC seeks new RegTech resources

Posted on   |  by Vitaly
Ahead of next week’s budget, Australian Securities and Investments Commission (ASIC) commissioner John Price has suggested that in order for it to effectively regulate Australia’s emerging RegTech and FinTech...

UK bridge: Tech ties that bind

Posted on   |  by Vitaly
The government has moved to build a “FinTech bridge” to the UK to better enable cooperation between industry and regulators and assist local companies in expanding overseas. Announced by...

Profit shifting a blockchain problem

Posted on   |  by Aimee Chanthadavong
The RMIT’s newly-minted Blockchain Innovation Hub is just a month old, but is already pressing for fresh thinking on by blockchain technology, including possible regulatory considerations that could underpin...

ASIC to create RegTech advisory

Posted on   |  by Vitaly
The Australian Securities and Investments Commission (ASIC) wants to establish a new RegTech advisory group before the end of the year to help advocate for support for the RegTech...

Banks told to open up their data

Posted on   |  by Vitaly
There’s a clash developing between traditional finance institutions and the new wave of disruptive FinTechs and RegTechs over data access that may take government intervention to rectify. FinTechs and...

Other side of the FinTech coin

Posted on   |  by Vitaly
There is an almost unlimited opportunity for the RegTech sector in Australia, but the country must move quickly at every level from RegTech startups to the regulatory environment to...