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:

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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News

Ihnews

ASIC embarks on regtech innovation initiative into poor market disclosure

23 January 2022

ASIC will be working with five regulatory technology (regtech) entities for the Business Research and Innovation Initiative (BRII) Regulatory Technology (Regtech) Round, dealing with the challenges of corporate disclosure.

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Events

Ihnews

17th ASIC Regtech Liaison Forum - watch recording

19 October 2022

The ASIC Regtech Liaison Forum facilitates discussions surrounding developments and opportunities arising from the application of regulatory technology across Australia. More information.

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IhnewsFinancial Innovation: Regulator Meet-up - watch recording

28 July 2022

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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Archive

Last updated: 30/03/2021 09:23