FinTech Policy Updates
A fortnightly wrap-up of regulatory and policy updates relevant to the Australian FinTech sector
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Policy Update - August #1
Government signs into law long-awaited ‘Version 5’ CDR Rules, new ACCC CDR developer portal, revised ACCC guidance for CDR data holders
Policy Update - July #2
APRA finalises new prudential standard on operational risk, ACCC invites views on data brokers, new National Anti-Scame Centre launches first ‘fusion cell’ to disrupt investment scams
Policy Update - July #1
Government responds to CFR de-banking recommendations, Government releases new consultation on clime-related financial disclosures, Government passes new Startup Year scheme
Policy Update - June #2
Government responds to Quality of Advice review, two new tax incentives legislated boosting SME digital and tech capacity, Government flags upcoming consultation on an ‘unfair trading’ prohibition
Policy Update - June #1
Treasury major payments system reform announcement and finalisation of the Strategic Plan, Government responds to Statutory Review of CDR, Governments new consultation on Safe and Responsible AI
Policy Update - May #2
Insights on Federal Budget 2023 and Senator Bragg’s Digital Asset bill referred for inquiry to the Senate Economics Legislation Committee
Policy Update - May #1
House Economics Committee hearing for inquiry into promoting economic dynamism, competition and business formation and Attorney-General’s Department launch public consultation on proposed Modernising Australia's anti-money laundering and counter-terrorism financing regime
Policy Update - April #2
FinTech Australia participates in Senate hearing on CDR Bill, APRA update on new operational risk standard, National Reconstruction Fund legislation passes
Policy Update - April #1
FinTech Australia presents to Treasury on stakeholder engagement on fintech priorities, Senator Bragg introduces revised crypto regulation bill, consultation on proposed amendments to AFCA Rules and Operational Guidelines
Policy Update - March #2
Consultation on the 2023-2030 Australian Cyber Security Strategy and Research & Development Tax Incentive
Policy Update - March #1
Department of Home Affairs launch discussion papyer on new cyber security strategy, roundtables with Treasury on crypto token mapping consultation paper, RBA announces successful CBDC use case proposal
Policy Update - February #1
Department of Industry, Science and Resources expresses interest in Advance Findings Pilot, Government released Privacy Act Review Report, Government releases final report on Quality of Advice Review