Innovation Hub

Innovation Hub Asic Website Header Image 2

ASIC’s Innovation Hub exists to foster innovation that could benefit consumers by helping Australian fintech startups navigate our regulatory system. Within these pages we provide tailored information and access to informal assistance intended to streamline the licensing process as much as possible for innovative fintech startups.

Welcome to ASIC’s Innovation Hub

The Innovation Hub assists fintech startups developing innovative financial products or services to navigate our regulatory system.

Through the hub, eligible businesses can request to receive informal guidance from ASIC on the licensing process and key regulatory issues that should be considered as you set up your business. This information is designed to help you understand your options and, if relevant, prepare your applications for licences or waivers from the law.

We are currently seeing innovative financial business models in areas including marketplace lending, crowd-funding, robo-advice, payments and blockchain technology, and we urge all eligible businesses to connect with us.

ASIC, through the Innovation Hub:

  • engages with the fintech community by hosting and attending industry events at fintech hubs and co-working spaces for startup businesses
  • streamlines how we facilitate business for innovative business models
  • provides eligible businesses with a designated contact to help understand the regulatory framework, prepare licensing applications and provide ongoing support
  • provides key information through the Innovation Hub website, which is a one-stop shop to access information and services
  • addresses innovation issues with a coordinated approach through our Innovation Hub Taskforces, comprising senior people across ASIC
  • consults with experts drawn from a cross-section of the fintech community through our Digital Finance Advisory Committee (DFAC), to help inform how we focus our efforts in this area
  • meets regularly with international equivalents to discuss innovation developments and policy proposals.

Regulating innovative startups

It can be challenging to work out how some innovative businesses fit into the regulatory framework. We also understand that your business may be limited both in experience in dealing with ASIC and resources available in terms of time, money and access to professional advice.

The services available within the Innovation Hub can help you learn about ASIC’s regulation and compliance and design a solution that integrates with your business model.

There are significant opportunities to save money and time when compliance is considered early on in your business planning, and also to explore whether there are waivers and relief that may be applicable to your business.

Your input will also help ASIC stay on top of laws that have become impractical or inappropriate as the sector moves forward.

ASIC is committed to helping fintechs navigate the regulatory system and will streamline the licensing process where possible to facilitate innovation. We are equally committed to maintaining and not compromising on the key principles of that regulatory system, including the provision of important protections for consumers and investors.

Related links

Subscribe for updates

Innovation Hub Asic Website Rhn Icons Sunscribe PurpleTo subscribe for updates email


Innovation Hub Asic Website Rhn Icons Latest News Purple

ASIC broadens fintech cooperation with Canadian regulators

12 December 2017

ASIC has announced a Cooperation Agreement with Canadian regulators on fintech cooperation. This agreement expands the existing framework for information sharing and also allows the referral of innovative fintech businesses to and from Canada.

Read the media release

ASIC’s regulatory sandbox proposal to remain unchanged

12 December 2017

ASIC has today released a review of its regulatory sandbox, introduced in December 2016.

Read the consultation paper

ASIC closure over the festive season

6 December 2017

ASIC offices will be closed from 5.00pm on Friday 22 December 2017 to 8.00am on Tuesday 2 January 2018. During this time requests for informal assistance will not be processed. You can also expect that early in January responding to requests for assistance will take a little longer than usual.

We encourage businesses to have any informal assistance requests or notifications related to the fintech licensing exemption to be sent to the Innovation Hub by Tuesday 12 December 2017 in order to be considered before the shutdown period.

Dubai and Australia seal agreement on fintech cooperation

23 November 2017

The Dubai Financial Services Authority and ASIC have signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction.

Read the release

More news


Innovation Hub Asic Website Rhn 
Icons Events Purple

Stay informed

For information on what is coming up, sign up at

Videos of our recent RegTech showcase now available

Session 1, Session 2.



Innovation Hub Asic Website Rhn Icons Podcast Purple

Crowd-sourced funding

ASIC Commissioner John Price joins the podcast to discuss recent law reform around crowd-sourced funding and ASIC's role in administering the new legislation.

Listen now or download for later

Last updated: 07/11/2016 09:03