The corporate regulator has resisted calls to amend the structure of its fintech sandbox pending the government’s implementation of its “enhancements” to the regime.
Increasing efforts by super funds to collect and analyse member data are opening up the sector to extortion and reputational damage, says Link Group.
After spending more than two years exploring distributed ledger technology, the ASX has confirmed it will replace CHESS with a solution developed by Digital Asset.
The current rise of managed accounts is comparable to the take-up of platforms in the late 1990s, says Hub24, but this time the banks are likely to sit on the sidelines.
Global funds transaction network Calastone has announced it will move its mutual funds network onto blockchain technology in 2019 following a successful proof-of-concept.
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