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ASIC and Regtechs Collaborate on an Initiative to Address Market Disclosure Challenges

ASIC and Regtechs Collaborate on an Initiative to Address Market Disclosure Challenges

by Starling Insights

Starling Insights Editorial Board

Feb 07, 2022


The Australian Securities and Investments Commission (ASIC) will work with five regtech startups on technology that can recognize poor market disclosure by listed companies. These startups will receive up to $100,000 in government funding. 

This funding is to be put towards a three-month feasibility study. From this, "two of these regtechs may receive further grants of up to $1 million each to develop and test a proof of concept over a further 15 months," ASIC said in a statement.

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