Last week, the Productivity Commission released its draft report into Data Availability and Use. The research examines the costs and benefits of unlocking data held by the public and private sector, and of providing consumers with more transparency and control over Data. This in turn empowers consumers to make more informed decisions, and creates a more efficient, competitive business landscape. Read more
Australia’s growing FinTech sector is reliant on an efficient and quick implementation of the new Anti-Money Laundering and Counter-Terrorism financing Act, Rules and Regulations (“AML/CTF Regime”) which should make provisions for new technologies such as digital currencies, digital currency exchanges and digital wallets. Read more
Today The Australian published an excerpt of an Opinion Piece I wrote on the topic of Open Access. You can see the analysis that Richard Gluyas wrote on it here: Read more
The below opinion piece is in response to a recent submission by the Financial Planners Association in response to ASIC’s Robo Advice Consultation Paper 254. Read more
FinTech Australia is calling out to the Australian FinTech community to contribute their thoughts and experiences to ASIC’s Regulatory Sandbox Consultation Paper 260. Read more
This piece originally appeared in The Australian on June 14, 2016. View the original here.
When peer-to-peer lender MoneyPlace built its founding team no one anticipated that it would take 18 months to gain regulatory approval. That’s a long time in limbo for any business but for a start-up a delay of this length can be crippling. Read more
Today ASIC released its consultation paper on the regulatory sandbox to our Fintech
It provides details of the plan that allows early stage fintech startups to test their products on
customers. Read more
FinTech Australia has been invited to represent the Fintech industry as a member of the Personal Property Securities Register (PPSR) Stakeholder and Operations Forum. With a Government response to a review of the Personal Property Securities Act under development, now is the ideal time for FinTech Australia to bring the voice of the Fintech sector to the discussion. Read more
Fintech Australia Incorporated (Fintech Australia) provides this submission to support the policy development work of the Australian government following the release of the above noted policy discussion paper. Read more
The following document has been prepared in consultation with Fintech Australia, the national financial services technology industry body, for the purposes of providing the Department of Treasury with clear recommendations for financial reform that would improve the operating environments for Fintech companies, in turn boosting the Australian economy.