Company on the Move: RegTech Association, Launch
A group of 13 Australian financial services and technology startups has come together to form the RegTech Association, a consortium focused on encouraging collaboration between startups and other stakeholders in the regulatory technology, or “regtech” space in Asia-Pacific (APAC). The group’s members include companies from a range of regtech areas, including AML/CTF and AI–based compliance monitoring. The association will encourage government, industry bodies, private and public organizations, corporations, small businesses and startups to band together to advance the use of regtech to improve corporate risk and compliance management practices throughout the APAC region.