The RegTech Symposium was held in Melbourne on May 7, and saw more than 60 RegTechs and reporting entities in attendance.

Co-hosted by AUSTRAC and the RegTech Association, attendees heard from experts on a range of topics including the importance of transaction monitoring programs and quality reporting, and how they contribute to financial intelligence outcomes.

“This was a great opportunity to learn how regulatory technologies can help companies comply with their anti-money laundering and counter-terrorism financing (AML/CTF) obligations,” said Leeann King, AUSTRAC’s Director of Industry Education and Outreach.

Katie Miller, AUSTRAC’s Deputy CEO Capability & Strategy, delivered the keynote address and was followed by speakers from AUSTRAC, the RegTech Association and other organisations. 

Attendees were provided with valuable insights into AUSTRAC’s expectations and how RegTechs and their technology solutions can support reporting entities to comply with their AML/CTF obligations. 

“The symposium is a great opportunity to learn about how AUSTRAC supports businesses to build resilience in our financial system, and how important accurate reporting is to detect and disrupt financial crimes,” added Ms King. 

Keep an eye on AUSTRAC’s RegTech page for updates.

For more information email regtech@austrac.gov.au.