In a significant move towards fostering innovation in the asset management sector, the Economic Secretary to the Treasury’s Asset Management Taskforce, following its re-establishment in April 2023, has unveiled a Technology Working Group. Chaired by Michelle Scrimgeour, CEO of Legal and General Investment Management (LGIM), the group comprises industry experts collaborating closely with the Financial […]
By Pat Patel, Executive Director of Elevandi Today’s fragmented regulatory landscape inadequately serves the ambitious innovators aiming to revolutionise the finance and technology sectors. Although discussions about regulating Big Tech have been ongoing for years, little has been done to counterbalance the sector’s growing influence or to bolster emerging players that are striving to improve […]
The Reserve Bank of Australia (RBA) has highlighted the potential of tokenized assets to transform the Australian financial system in a speech by Assistant Governor (Financial System) Brad Jones. Jones noted that tokenization is the process of representing assets on a blockchain, which is a distributed ledger technology. This allows assets to be traded more […]
