Tag: ASIC

ASIC to create RegTech advisory

Posted on   |  by James Riley
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...

Complex cyber insurance plans

Posted on   |  by James Riley
The data breach at the consumer credit reporting agency Equifax a week ago was shocking not just for its scale – 143 million personal records were snatched – but...

Medcraft on ethics and algorithms

Posted on   |  by James Riley
Businesses and government must be held accountable for their use of computer algorithms and big data and transparency should be the first priority, ASIC chairman Greg Medcraft said. Addressing...

ASIC set to move on ICOs

Posted on   |  by James Riley
Australian regulators are grappling to control the “Wild West” world of ICOs, a new blockchain-based funding method that is changing the way new tech companies raise money. ASIC is...

Govt to regulate digital currencies

Posted on   |  by Denham Sadler
Australia has taken a “big step forward” in recognising digital currencies as legitimate and trusted with the government moving to regulate the likes of bitcoin for the first time....

Other side of the FinTech coin

Posted on   |  by James Riley
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...

ASIC’s Indonesia FinTech play

Posted on   |  by Denham Sadler
Australia’s corporate regulator has inked a FinTech partnership with its counterpart in Indonesia in a “terrific validation” for the work of the local sector. The Australian Securities and Investment...

ASIC weighs in on FinTech boom

Posted on   |  by Michael Sainsbury
With the world’s fourth largest accumulation of superannuation savings and a stock market dominated by the financial services sector in the shape of banks, investment funds and insurers, it’s...

ASIC plays in RegTech sandbox

Posted on   |  by James Riley
The Australian and Securities and Investment Commission has turned its attention to the burgeoning regulatory technology sector, raising the possibility that its innovation hub and regulatory sandbox could be...