Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

I have a question on the process. In terms of obtaining an Australian financial services licence, an AFSL, or an Australian credit licence, an ACL, for something like a fintech product—and we've listed lots of examples—what is actually the most difficult aspect of the concept validation for these companies that they want exemptions to be granted for two years? What's the key reason for that?