FinTech Policy Updates
A fortnightly wrap-up of regulatory and policy updates relevant to the Australian FinTech sector
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Policy Update - March #1
Buy Now Pay Later regulatory reforms, Government launches regulatory initiatives 'grid', Changes to AFCA's Rules & Operational Guidelines
Policy Update - February #2
FinTech Australia presents on Open Banking at FinTech Hui in Auckland, AUSTRAC 2023 Compliance Reports due next month, AUSTRAC consults on draft outsourcing guidance, Insights on the Federal Court's first crypto enforcement judgment
Policy Update - February #1
FinTech at Parliament House, Pre-budget Submission & Payments Licensing Submission
Policy Update - January #2
FinTech at Parliament House, payments licensing roundtable with Treasury, interim response to AI review
Policy Update - January #1
Interim response to AI review, 'Super complaints' draft legislation consultation, new climate reporting reforms, Senate inquiry into Australia's retirement system - fintech in focus
Policy Update - December #1
New consultation on regulating Payment Service Providers, new CDR Rules take effect, final Government response to the quality of Advice Review
Policy Update - November #3
ASIC announces enforcement priorities, action initiation legislation to progress, BNPL consultation delayed
Policy Update - November #2
New consultation on Sustainable Finance, Unfair Contract Terms banned, review of continuous disclosure regime
Policy Update - November #1
FinTech Australia submission for Screen Scraping, follow-up consultation on Digital ID, AUSTRAC increasing penalties for failure to enrol
Policy Update - October #2
Consultation starts on a new regulatory framework for digital asset platforms, new legislation to regulate digital payments, new consultation paper on “payday super”
Policy Update - October #1
Government response to the Privacy Act Review, Digital Identity bill consultation, new white paper on Jobs and Opportunities
Policy Update - September #2
SME lenders' views on AFCA's new approach to small business lending complaints and Government introduces legislation to implement instant asset write-off
Policy Update - September #1
Treasury release Screen Scraping consultation, CDR rules to expand into non-bank lending sector, Government release Unfair trading practices consultation
Policy Update - August #2
Regulatory framework for MIS review, ASIC extend transitional relief for foreign financial providers, APRA release update on policy priorities schedule for ADIs