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Expanding Investment in Fintech between Australia and the Gulf Region

  • Sector: Education / Sustainability
  • Country location: Australia, Qatar, United Arab Emirates
  • Grantee: Macquarie University


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Photo credit: Getty images

Project description

As Australian and Gulf region Fintech entities seek to utilise new technologies to develop innovative financial services and offer them on international markets, they commonly struggle with understanding the complex labyrinth of laws that govern transactions. Products and services offered by Fintech entities are not governed by any single area of law. Rather they are governed by a nexus of banking, contract, tort and international law, resulting in a lack of understanding of applicable laws and impeding Fintech investment. Guided by advice from the Qatar Fintech Hub, Hatch Quarter and the Australian Macquarie Incubator, the project team will: (a) present Seminars on 'Fintech Investment and Regulation in Australia and the Gulf Region' at Dubai Expo 2020; (b) develop digital resources to guide Fintech innovators, investors and clients; and (c) enhance cultural relations between Australia and the Arab world, specifically in the context of Fintech in the Islamic finance space.

Key dates

  • 24 February 2022 - Exhibition at Dubai Expo 2020, Australian Pavilion - legal framework governing Fintech investment.
  • May 2022 - Release of Guide to Fintech Governance in Australia and the Gulf Region
  • June 2022 - Launch of Guide to Fintech Governance in Australia and the Gulf Region, Australian Embassy in Doha, Qatar
  • June 2022 - Guide to be made available to public online.

Social media

Website: Macquarie University - Niloufer Selvadurai

  • Total project value: $73,884
  • Council for Australian-Arab Relations grant offer: $36,154
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