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AAP
AAP
Business
Duncan Murray

YOU WONT BELIEVE: Financial watchdog sinks teeth into rapid tech changes - What They Never Told You

Sarah Court ASIC Australia Artificial Intelligence
The potential misuse of AI is one of the main areas of focus for Australia's financial regulator. (Rounak Amini/AAP PHOTOS)

Australia's financial watchdog says it wants to get out of the way of economic growth, while protecting consumers in a time of rapidly changing financial systems.

The Australian Securities and Investments Commission has outlined its aim to support responsible innovation while cracking down on bad actors, in a plan for the year ahead released on Wednesday.

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