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Red Marker partners with Allens to drive adoption
At Red marker, we are putting ourselves at the centre of the conversation regarding the future of compliance and regulation in Australia.
Super fund pays penalty for ‘independent’ claim
ASIC has handed down a $12,600 fine to a leading Australian Superannuation fund for claims that it was offering independent financial advice to its members.
Australian Regulators to embrace AI for compliance
Australian regulatory agencies are turning to AI to bolster industry-wide compliance, responding to claims that they could have done more to prevent the onset of bad banking practices.
ASIC gets tough on RegTech for the big banks
ASIC is doubling down on their push to increase the adoption of Regtech within the banking sector. Taking a direct approach, the regulator will force banks to explain why [...]
Major banks using AI for compliance
Innovation, legal, and compliance teams often find it hard to see eye-to-eye when it comes to implementing new ways of doing business. With limited room for error in regulation, [...]
ASIC to use AI to target misleading advertising
ASIC is turning to AI in an attempt to streamline their effectiveness and reach when it comes to overseeing internet advertising.
RegTech software a pathway for Post-Hayne compliance
Traditional banking compliance processes are overburdened, under resourced, and labour intensive, so it shouldn’t be surprising that we aren’t the only ones who see this as an opportunity for [...]
How Software Can Help Cut Regulatory Risks
Since the Global Financial Crisis in 2007, governments the world over have responded in force with a stream of much needed reforms and regulations.
Algorithms tame ambiguities in use of legal data
Natural language processing is an evolving technology that is becoming capable of streamlining complex, qualitative tasks such as trend analysis and document classification.