Trends and Challenges In Regtech: Australia and China Compared

Andrew Godwin

Melbourne Law School, The University Of Melbourne, Melbourne, Australia

The term “Regtech” is a contraction of the terms ‘regulatory’ and ‘technology’ and has emerged to describe the use of technology to help companies comply with regulation and help regulators perform their regulatory and supervisory functions. Regulators in Australia and China have made significant efforts to embrace and facilitate Regtech developments.  This paper compares the various ways in which key Australian and Chinese regulators have embraced and facilitated Regtech and highlights the trends and challenges in each jurisdiction. The paper also outlines the nature and extent of the information-sharing that has occurred between Australian and Chinese regulators in the area of Regtech and the potential for further co-operation and co-ordination. The comparative analysis of the policies and practices of these regulators identifies areas of convergence and divergence between the two jurisdictions by reference to the specific challenges that each jurisdiction faces. The paper also provides useful case studies for the development of Regtech in other jurisdictions.


Biography: To come

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The Asian Studies Association of Australia (ASAA) is the peak body of university experts and educators on Asia in Australia. Established in 1976, we promote and support the study of Asia in Australian universities and knowledge of Asia among the broader community. Our membership is drawn mainly from academics and students, but also includes industry and government Asia experts. We take a strong interest in promoting knowledge about Asia in schools and in contributing to state and Commonwealth government policies related to Asia. We provide informed comment on Asia to a broad public through our bulletin, Asian Currents, and specialist research articles in our journal, Asian Studies Review. Four book series published under our auspices cover Southeast Asia, South Asia, East Asia and Women in Asia.

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