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Regulation
ASIC Reports Uptick in Aggressive Marketing by Retail OTC Derivatives Firms
2016-06-20T10:26:51.000+02:00
ASIC's OTC derivatives review of AFS licensees on 7 key compliance risks.
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Regulation
FMA Adds Binary Options Broker FM Trader to its Warning List
2016-06-08T10:24:43.000+02:00
FM Trader makes it onto another warning list, this time by New Zealand’s FMA for being unregistered.
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Regulation
ASIC Sues National Australia Bank over Alleged Benchmark Rate Manipulation
2016-06-07T13:29:29.000+02:00
ASIC alleges that on 50 occasions NAB intended to create an artificial price.
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Regulation
ASIC Charges Two Traders for Insider Trading
2016-06-06T08:58:46.000+02:00
In separate cases, two Australian traders have been found guilty of insider trading conspiracies.
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Regulation
ASIC Suspends Marigold Falconer's AFS License Over Missed Filing and Insurance
2016-05-20T09:05:53.000+02:00
ASIC action based on the firm's lack of indemnity insurance and filing failures.
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Technology
Australian Manager with $77b in AuM Selects Catena for OTC Reporting Needs
2016-05-18T12:58:58.000+02:00
BT Investment Management selects reporting solution from Singapore-based Catena.
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Regulation
ASIC Warns Against FM Trader and RTG Direct Trading
2016-05-17T13:10:31.000+02:00
ASIC latest update warns of FM Trader and RTG Direct Trading.
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ASIC Warns About Binary Options Affiliate Website Top Ten Binary Options
2016-05-16T08:50:17.000+02:00
The Australian watchdog has explicitly targeted an affiliate website that is offering a list of binary options brokers
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Regulation
IKON Agrees with ASIC to Separate Overseas Client Funds From its AFS license
2016-05-11T08:06:05.000+02:00
ASIC aims to help Ikon avoid co-mingling AFS-held funds with offshore clients.
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Regulation
ASIC Issues Public Warning About Binary Options Broker uBinary
2016-04-21T11:34:03.000+02:00
The Australian Securities and Investments Commission has warned against uBinary for soliciting services without a licence.
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Regulation
ASIC Gets Additional Funding to Boost Lending and Data Surveillance
2016-04-20T09:47:36.000+02:00
Extra funding will allow ASIC to build technological capacity to more effectively identify risks and misconduct.
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Regulation
Australian Regulator to Focus on Proactive Checks of Retail FX Brokers
2016-03-30T15:10:29.000+02:00
ASIC secured a total of of $149 million in compensation and remediation for investors and consumers.
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Regulation
Australia: Former Stockbroker Facing Up To 12 Years In Jail
2016-03-24T11:42:31.000+02:00
Australian stockbroker charged for using over $1.5m of client funds for his own use.
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Bloggers
ASIC Jumps Into Action with Fintech Regulation
2016-03-23T15:13:49.000+02:00
Is the Australian Government kicking the problem down the road?
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News
FCA, ASIC Ink FinTech Deal, Easing Barriers to Entry For Startups
2016-03-23T12:38:41.000+02:00
The FCA and ASIC have signed a new agreement in both UK and Australia.
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Bloggers
Peer-to-Peer Lending: ASIC Provides Some Clarity on Regulation
2016-03-22T13:40:46.000+02:00
Entities providing marketplace lending should use the information sheet to help them understand current regulatory requirements.
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Sarah Murray
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Regulation
ASIC Drafts Robo-Advisory Guidelines
2016-03-21T09:49:02.000+02:00
New ASIC regulatory guide and draft proposals on robo-advisor guidelines.
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Regulation
ASX CEO Elmer Funke Kupper Resigns Amid Investigation
2016-03-21T09:42:26.000+02:00
Amid investigations related to prior role with Tabcorp, ASX CEO resigns.
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ASIC Initiates Proceedings Against Whitebox for Spike in ASX Index
2016-03-18T17:49:31.000+02:00
This follows the spike in securities prices on ASX in October 2012.
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Brokers
Playtech Changes Subsidiary Operating Chinese Markets.com
2016-03-16T17:37:19.000+02:00
The ASIC regulated subsidiary of Markets.com STA Global Investments takes over Chinese clients.
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Regulation
ANZ to Pay $4.5 Million in Compensation After Compliance Review
2016-03-15T12:05:24.000+02:00
The Australian watchdog announces that ANZ Group has agreed to an independent review of its OnePath subsidiaries’ compliance.
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Damian Chmiel
News
Australian Bitcoin Group Cancels IPO, Returns $5.9m
2016-03-09T11:37:47.000+02:00
Bitcoin Group believes that it cannot satisfy new ASIC and ASX requests so close to the scheduled block halving in July 2016.
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Regulation
Australian Watchdog Confirms Voluntary Suspension of FXTG's Licence
2016-02-10T11:12:48.000+02:00
As first reported by Finance Magnates, the owner of FXTG requested ASIC to suspend the licence in order to focus on restructuring the brand.
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Regulation
ThinkLiquidity Partners With CME to Bolster Transaction Reporting Capabilities
2016-01-27T16:54:03.000+02:00
The registration represents a cohesive stroke by ThinkLiquidity to tap into the Australian market, which includes brokers currently licensed under ASIC.
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Jeff Patterson
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Regulation
New Zealand FMA Joins ASIC in Warning against Banc De Binary
2016-01-20T09:52:26.000+02:00
Cyprus headquartered Banc de Binary is facing resistance from regulators in Australia and New Zealand.
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