LAB Group helps finance sector navigate complex regulatory environment

by Austrade | Case Study

Born out of Australia’s growing hub of regtech expertise, LAB Group provides cloud-based compliance services to the financial services industry. LAB Group has created standardised workflows and configurations to help its clients to manage customer enrolments so the process complies and evolves with ongoing regulatory and technological changes. LAB Group explains how the company has navigated the regulatory environment and the challenges and opportunities in regtech.

About Austrade

The Australian Trade and Investment Commission (Austrade) is the Australian Government’s international trade promotion and investment attraction agency.

We deliver quality trade and investment services to businesses to grow Australia’s prosperity. We do this by:

  • helping Australian businesses connect to, and capitalise on, opportunities in global markets
  • attracting international investment to help Australia reach its economic potential
  • helping market-ready startups and scaleups innovate and go global.

“Australia has a familiar regulatory regime and high quality fintech talent. This makes Australia an attractive market for Revolut’s expansion outside of Europe.” Matt Baxby, Chief Executive Officer of Revolut Australia

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