Enhanced regulatory sandbox regulations

The Australian Government has introduced the enhanced regulatory sandbox (ERS) that superseded ASIC’s previous regulatory sandbox as of 1 September 2020. It was introduced by legislative amendments made in February 2020, and subsequent regulations made on 28 May 2020. The relevant licensing exemptions are provided under the Corporations (FinTech Sandbox Australian Financial Services Licence Exemption) Regulations 2020 and/or the National Consumer Credit Protection (FinTech Sandbox Australian Credit Licence Exemption) Regulations 2020 (collectively, the ERS Regulations).

More information on the ERS regulations is available here:

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ASIC joins the Business Research and Innovation Initiative - Regulatory Technology Round

15 April 2021

ASIC’s BRII challenge seeks to establish an innovative technology solution to analyse market announcements (and other corporate disclosures) by listed companies and entities to help identify and assess poor market disclosure. More information can be found in the challenge fact sheet.

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ASIC publishes REP 685 ASIC's Regtech Initiatives 2019-20

20 January 2021

ASIC’s Regtech Initiatives 2019-20 report covers observations and findings from the regtech initiatives we conducted throughout the year.  The report outlines that regtech is particularly useful for identifying and, in some cases, assessing indicators of concerning conduct or activities by financial businesses.

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Events

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12th ASIC regtech liaison forum

30 April 2021

The forum provides a regular chance for industry representatives and regulators to discuss the developments and opportunities within the regulatory technology (regtech) space. More information.

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Financial Innovation: Regulator meet-up, recording now available

1 December 2020

ASIC's regulator meet-ups bring together representatives from national bodies to outline their latest initiatives and news with financial innovation and technology. More information.

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Last updated: 30/03/2021 09:23