ASIC and fintech

If you’re an eligible fintech startup and need an Australian financial services licence, an Australian credit licence, or help with an existing licence, the Innovation Hub can help you by providing:

  • Twelve months of informal guidance on licensing and regulation
  • Use of the regulatory sandbox (a 12-month licensing exemption).

Fintech licensing and regulation

The Innovation Hub can offer you 12 months of informal guidance on licensing and regulation, and potential exemptions.

If your application is successful, you’ll be assigned a designated ASIC contact person who can help prepare your licensing applications and provide ongoing support that integrates with your business model. They can also help determine whether there are waivers and relief applicable to your startup or scaleup.

How your input helps ASIC

ASIC seeks to collaborate with innovative startups and scaleups across marketplace lending, crowd-funding, robo-advice, payments and blockchain. Your input will help ASIC understand the challenges that startups face with legal compliance, which may become impractical as the global tech industry continues to leap forward.

ASIC is committed to helping fintech companies navigate the regulatory system and will streamline the licensing process where possible to enable fintech innovation. But we are equally committed to maintaining the principles of that regulatory system by providing strong and fair protections for Australian consumers and investors.

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Innovation Hub - latest news

ASIC shares  regtech event datasets for financial services industries

8 July 2019

ASIC has shared datasets for demonstrators participating in its first two regulatory technology (regtech) events: Monitoring Financial Promotions (2 August 2019) and Financial Advice Files (22 August 2019).

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GFIN: One Year On report now available

25 June 2019

ASIC is pleased to announce the publication of the Global Financial Innovation Network’s (“GFIN”) “One Year On” report. It is a reflection of the GFiN’s achievements and challenges since inception, and ambitions for the future.

More information



Innovation Hub - events

ASIC's 7th Regtech Liaison Forum

26 July 2019

This Forum is intended to facilitate discussions surrounding developments and opportunities that arise from the application of regtechs.

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Financial Advice Promotions Symposium

2 August 2019

This event will demonstrate how regtech can help improve compliance and quality of financial promotions and advertising, both printed and online.

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Financial Advice Files Symposium
22 August 2019

This event will demonstrate how regtech can be used to improve compliance in Australia’s financial industry and advice outcomes for consumers.

Find out more


Last updated: 01/05/2019 04:51