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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Regulation
ASIC Slaps Commonwealth Bank of Australia With $20 Million Fine
2018-07-11T11:08:00.000+02:00
The CBA has to pay $15 million to the community, and $5 million to the Australian regulator.
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Regulation
ASIC Proposes Changes to Securities and Futures Markets Regulation
2018-07-04T10:54:26.000+02:00
If the proposals are put into law, firms' risk management systems will have to change significantly
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Regulation
ASIC Orders National Australia Bank to Change Its Spot FX Policy
2018-06-28T16:27:43.000+02:00
An independent expert found that NAB’s response to an initial court order had significant deficiencies in multiple areas.
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Celeste Skinner
Brokers
ASIC Imposes Sanctions on Vantage Global Prime Following Court Ruling
2018-06-25T12:57:54.000+02:00
The court ruled an employee made $95,000 by using confidential trading information from clients of Vantage.
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News
Fork the Fork: Bitcoin Gold Set to Make Yet Another Hard Fork
2018-06-06T16:21:34.000+02:00
Bitcoin Gold endured a 51 percent attack last month with cost the community $18 million worth of BTG tokens.
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Arnab Shome
Brokers
Exclusive: Brokers Open Doors for EU Clients to Australian Subsidiaries
2018-05-18T12:57:48.000+02:00
Several companies who are holding an EU and an Australian license are moving clients to their ASIC subsidiaries
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Victor Golovtchenko
News
Australia’s Financial Market Watchdog Set to Bust Decisive ICOs
2018-05-01T11:49:20.000+02:00
The agency has already sent notices to a few ICOs with questionable objectives.
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Brokers
Direct FX License Suspended Six Months After Ownership Change
2018-04-26T17:53:53.000+02:00
At the time the firm got some counterpart issues which prompted some shareholders to leave
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Victor Golovtchenko
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Regulation
Australian Day Trader Jailed for Market Manipulation of Shares
2018-04-10T10:07:36.000+02:00
The trader used CFDs to manipulate the prices of an ASX-traded stock
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Victor Golovtchenko
News
FCA and ASIC Sign Enhanced Cooperation Agreement for Fintech Innovation
2018-03-23T08:45:23.000+02:00
The agreement is an extension of a deal inked in 2016, as regulators aim to increase cooperation
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News
Outrage as Bitmain Introduces ASIC to Mine Monero
2018-03-19T14:43:42.000+02:00
The ASIC won't be able to mine Monero after the coin's upcoming hard fork.
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Regulation
ASIC Publishes Market Integrity Report for H2 2017
2018-03-15T11:53:55.000+02:00
The report outlines the steps taken by the Australian regulatory body to ensure a safe and efficient financial environment.
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Regulation
ASIC Seeks Public Consultation on Guidance of Dispute Resolution Authority
2018-03-05T09:52:05.000+02:00
ASIC has issued a draft updated Regulatory Guide 139 to promote a smooth transition to AFCA oversight.
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Brokers
Vantage FX Launches New Affiliate Program
2018-02-28T10:59:45.000+02:00
The program is highlighted by a CPA affiliate plan, which provides up to $800 commission per referred account.
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Finance Magnates Staff
Analysis
Litecoin Forks, Australian Brokers Have New Worries: Best of the Week
2018-02-25T21:17:29.000+02:00
Catch up on last week's top stories.
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Simon Golstein
Brokers
Exclusive: Australian FX Brokers Raise Alarm about New Regulations
2018-02-22T08:38:01.000+02:00
Potential abuse from clients through the new complaints system could cost brokers dearly.
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Victor Golovtchenko
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Regulation
Australian Parliament Approves Creation of Financial Complaints Authority
2018-02-14T11:07:14.000+02:00
ASIC will oversee the new organization, which will manage complaints and dispute resolutions for the Australian financial sector.
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Regulation
Australian Authorities Crack Down on a Clone and Two Unregulated Brokers
2018-02-13T10:33:55.000+02:00
The local regulator has frozen the assets of a clone of AGM Markets together with OT Markets and Ozifin
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Victor Golovtchenko
Regulation
ASIC Bans Operators of Binary Options' Managed Accounts Scam
2018-02-09T18:26:53.000+02:00
The two set up managed accounts services using fake information.
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Aziz Abdel-Qader
News
Samsung Enters Bitcoin Mining Industry with New Mining Hardware
2018-01-31T13:54:29.000+02:00
Samsung is targeting the lucrative Chinese market with its ASIC chips.
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Arnab Shome
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Regulation
ASIC Further Clarifies its Reporting Rules for OTC Derivatives Issuers
2018-01-18T14:24:52.000+02:00
ASIC sent a questionnaire to licensees requesting additional information .
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Sophie Gerber
News
Australia Reminds Cryptocurrency Providers of Impending Legal Obligations
2018-01-16T12:03:32.000+02:00
Cryptocurrency firms must register and report illicit client activity.
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Simon Golstein
Brokers
Client’s Manipulative Orders Cost Interactive Brokers $250,000
2017-12-14T09:54:48.000+02:00
A client of Interactive Brokers placed misleading orders on the market, aimed to prop up the shares of a mining firm.
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Victor Golovtchenko
Regulation
ANZ Reaches $50m Settlement with ASIC Following Breach in Trading Conduct
2017-11-10T11:05:39.000+02:00
A small group of ANZ traders engaged in misconduct on the BBSW market between 2010-12.
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Jeff Patterson
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Innovation
Bitcoin Mining Giant Bitmain Launches Deep Learning AI Hardware
2017-10-25T15:47:05.000+02:00
“Bitmain saw trends in the AI business that were similar to the early days of Bitcoin."
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Avi Mizrahi
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