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Commonwealth Bank of Australia joins Australian regtech group

NEWS

25 September, 2018 

 

SYDNEY, AUSTRALIA – The Commonwealth Bank of Australia, one of Australia’s big four banks, has appointed a senior manager on the board of the RegTech Association, a group that brings regulators, professional services and regulated entities together through the adoption of regtech.

 

The RegTech Association is a non-profit organisation aiming to promote the growth and uptake of regulatory technology in Australia. The group aims to use the new appointment to support its mission of building more efficient, compliant businesses through regtech innovation and investment.

 

Jasper Poos, CBA’s Head of Governance and Assurance, will join the group as Director bringing experience from a role that covers operational risk and compliance.

 

“The Commonwealth Bank is pleased to have joined the association and I’m very excited to provide support at a board level to help drive industry collaboration within Australia”, said Jasper.

“As a bank, we can learn a lot by working closely with RegTechs to learn how we can use technology to better respond to regulators.”

 

Image source: Commonwealth Bank of Australia 

 

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