ASIC Regtech Financial Advice Files: Demo and Symposium

ASIC Regtech Financial Advice Files: Demo and Symposium

A symposium to discuss how regtech can be used to improve compliance in Australia’s financial industry, and advice outcomes for consumers.

By ASIC Innovation Hub

Date and time

Thu, 22 Aug 2019 9:30 AM - 4:00 PM AEST

Location

YBF Sydney

155 Clarence Street L5 Sydney, NSW 2000 Australia

About this event

ASIC is seeking expressions of interest from regtechs to participate in the Financial Advice Files demonstration, starting in June 2019.

We are seeking approximately 10 demonstrators to complete the demo and present their solutions live at a regtech symposium on 22 August in Sydney.

ASIC will provide all demonstrators with a synthetic financial advice client file dataset.

Using this dataset, we invite demonstrators to develop and showcase methodologies that can help determine features and characteristics of the financial advice documents in the client file.

ABOUT THE SYMPOSIUM

On Thursday 22 August 2019, the 10 participating teams will demonstrate their solution and methodology.

In front of an industry audience, ASIC and a guest panel will discuss solutions, focusing on the opportunities and challenges of applying the technology.

Please note: ASIC intends to live-stream and record the symposium and may make the recordings available online for access by the public.

DEMO PARTICIPANTS: EXPRESS YOUR INTEREST

  • ASIC encourages anyone with innovative regtech to apply for a position in the demo.
  • This is your opportunity to showcase your solutions to representatives from government, finance, technology and media at the same time.
  • Your registration is necessary so we can provide you with the information you require to prepare submissions for selection as a demonstrator, together with additional information on our selection process and terms and conditions of participation.

OBSERVERS: EXPRESS YOUR INTEREST

  • If you’re interested in regtech and would like to attend as an observer on 22 August, please register your interest.
  • We welcome media to attend the symposium; please contact the Media Unit.

REGISTRATION PROCESS

  • Places are limited and ASIC expects the symposium to be oversubscribed. As such, ASIC may need to manage attendee numbers in an effort to maximise the diversity of the audience.
  • If selected, you will be contacted with a formal invitation to participate in the next step of the process. Your invitation will include further details including live-streaming, privacy/data collection notices and terms and conditions for your attendance.
  • Demonstrators please note: Your formal invitation to participate occurs after ASIC has received your submissions and included you in the list of selected demonstrators for the event.
  • Your acceptance of your invitation is essential to complete your registration for attendance.
  • ASIC reserves the right to change information, including our processes and terms and conditions by email or written notice on the ASIC Innovation Hub page. Please ensure you check this page regularly for updates.

REGISTER YOUR INTEREST TO FIND OUT MORE

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Organised by

ASIC’s Innovation Hub is an initiative for fintech and regtech businesses that are developing innovative financial products or services.

Through the Innovation Hub, eligible businesses can receive informal assistance to help them navigate Australia’s regulatory system.

ASIC is committed to promoting innovation without compromising the fundamental principles of financial services regulation or the licensing process as reflected in ASIC’s strategic objectives.

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