The RegTech Association CEO Deborah Young joins the recently expanded Global Council for the Alliance for Innovative Regulation (AIR).

This will serve as a great opportunity to continue the global discussion of #RegTech and will serve as a vital platform for contributions, conversations and outcomes.

Read more here.

Congratulations to RegTech Association member FrankieOne, for winning this year's #AccelerateR Award 2022.

Each year, The RegTech Association awards a Founder-Led RegTech firm with best pitch by awarding our #AccelerateR award. In 2021 we saw the momentum building around Environmental, Social and Governance (ESG) impacts for companies and institutions across multiple sectors and the growing level of importance of ESG to investors. This year's PitchFest focus is based on this momentum with applicants asked to show how their solutions aligned with ESG and how it demonstrates deep connection and potential impact to ESG goals and objectives.

FrankieOne were the judges choice due to being the best at articulating the problem they solve, the solution and market appetite, the business model and scalability, relevance to ESG and most of all, the best pitch delivery on the day. 

Rather than awarding a trophy, the Association has made a donation to the First Nation’s Foundation – an Australian Indigenous Financial Literacy Foundation – thus supporting greater financial inclusion.

Read this interview with Jesse Arundell from CBA and Deborah Young from The RegTech Association on the RegTech imperative

https://www.commbank.com.au/articles/business/foresight/regtech-transforming-compliance.html

Innovation Aus introduces the appointments of The RegTech Association's new Chair Jasper Poos and new Deputy Chair Leica Ison. Read more

The RegTech Association (RTA) is announcing a new Chair for the Association, Jasper Poos, General Manager Performance and Risk Transformation at the Commonwealth Bank and Deputy Chair, Leica Ison, CEO and Founder of Skyjed, a RegTech company. Read the media release here.

The Australian Government announced today that they will be investing over $33 million in RegTech to save SMEs and farmers millions of dollars and to increase efficiencies.

“RegTech is a game changer in solving compliance and regulatory issues, but this innovative technology will also deliver results for the environment, the economy, farmers and business owners,” says Minister Morton.

Read more here.

The Australian Federal Government has announced that they will be committing $2.8 million over the next 18 months to improving the digital approach and practical processes to legal documentation.

"We want to make it simpler for individuals and businesses to complete legal documents," the Attorney-General said.

Fore more information, click here.

The RegTech Association member CheckboxAI has raised $6.3 million in a pre-Series A funding round led by Tidal Ventures and Sequoia India’s Surge program.

CheckboxAI provides a unique single, no-code platform which automates your processes and service delivery in hours, not months. Read more here.

On Friday 21 January 2022, ASIC announced the RegTech winners of the Business Research and Innovation Initiative (BRII). Congratulations to The RegTech Association member DigitalX Limited, Bedrock AI, Eastern Analytica Pty Ltd, Listcorp. and Pyxta.

Grants of up to $100,000 will be provided to each of the successful SMEs to conduct a feasibility study on the corporate disclosure challenge.

The challenge focuses on developing a technology solution that can aid ASIC in analysing corporate disclosures and other data to identify and assess compliance by listed companies. The requirements include:

• Continuous disclosure (price sensitive disclosure) and other disclosure obligations to the market.
• Financial reporting obligations.
• Prohibition of misleading or deceptive disclosure.
• Prohibition of practices that manipulate the pricing of securities.

Click here to read more.

VoxSmart has formed a Product Advisory Council to strengthen product development across their growing suite of surveillance solutions. Their Capture and Surveillance technology manages an organisations global risk and compliance requirements.

For more information, click here.