RG 257
Testing fintech products and services without holding an AFS or credit licence (withdrawn)
This regulatory guide was withdrawn on 25 August 2020. For information about testing innovative financial services and credit activities, see the enhanced regulatory sandbox.
In plain English
RG 257 explained how fintech firms could test products without a full licence. It is now withdrawn.
RG 257 was withdrawn on 25 August 2020. It provided guidance for testing fintech products and services. It applied to firms wanting to test without an Australian Financial Services (AFS) or credit licence. See the enhanced regulatory sandbox for current information.
Why it matters
This guide is no longer current. Businesses wanting to test innovative financial products should now use the enhanced regulatory sandbox. Check ASIC’s website for the latest requirements.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-257-testing-fintech-products-and-services-without-holding-an-afs-or-credit-licence-withdrawn/. Rules Mate indexes + summarises; always verify against the regulator's live publication.