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Australia
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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When Data Speaks Against Market Expectations
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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News
Ripple Partners with Australian Payments Firm to Expand in Southeast Asia
2020-12-07T09:59:14.000+02:00
The blockchain company partnered with Novatti Group to enable cross-border transactions between Australia and Southeast Asia.
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Brokers
USGFX Vanuatu Faces Troubles in Refunding Aussie Clients
2020-12-04T13:06:05.000+02:00
The brokerage is now planning to issue a full refund by March.
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Exchanges
Crypto.com Receives an Australian Financial Service License
2020-12-02T12:02:18.000+02:00
The company secured an AFS license through the acquisition of the Card Group.
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Exchanges
BTC Markets Exposes Names and Emails of All Users
2020-12-02T10:19:54.000+02:00
The Australian exchange has over 270,000 users.
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Regulation
ASIC Cancels AFS License of Jels Financial Group, Selectinvest
2020-11-27T10:10:30.000+02:00
Both the companies failed to submit audited financial reports for several years.
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Innovation
Australia Plans to Test Paperless Trade with Singapore Using Blockchain
2020-11-25T16:12:57.000+02:00
ABF launched a trial with Singapore authorities to simplify cross-border trade through blockchain technology.
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Institutional FX
National Stock Exchange of Australia Completes TAS Integration
2020-11-23T13:28:18.000+02:00
The operator NSX Limited also introduced the Digital Exchange Subregister System (DESS).
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Executive Moves
Nick Molnar Appointed to Share Afterpay’s CEO and Managing Director Role
2020-11-17T17:04:08.000+02:00
Afterpay Limited has amassed almost 10 million customers and over 55,400 retail merchants.
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Tom Hazan
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News
ASIC Indicts Aussie BitConnect Promoter John Bigatton
2020-11-17T11:56:33.000+02:00
The Australian court will hear the case on February 2, 2021.
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Regulation
ASIC Issued 394 AFS Licenses in 2019-20
2020-11-11T10:39:45.000+02:00
The regulator has become strict with its licensing requirements and is asking applicants about how to deal with the pandemic.
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News
Equinix Adds Another Data Center in Australia
2020-11-09T17:23:17.000+02:00
The new IBX data center in Perth will be the 18th data center of Equinix in Australia.
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FinTech
MAP FinTech Integrates DTCC’s GTR for ASIC Reporting
2020-11-03T14:59:59.000+02:00
The regtech company is extensively enhancing its industry presence.
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News
Australian Central Bank Sets Out to Explore Central Bank Digital Currency
2020-11-02T07:43:32.000+02:00
Australia seems to have become the latest country to explore the issuance of a central bank digital currency.
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Regulation
AFS License Not Required by Foreign Brokers to Deal with Professional Clients
2020-10-30T19:56:55.000+02:00
Dealing with sophisticated clients is permitted without an AFS license.
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Brokers
eToro Partners with Rugby Australia for 2020 Tri Nations
2020-10-30T13:53:45.000+02:00
The broker is expanding its global sponsorship portfolio.
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News
Busted: ASIC Freezes Websites & Bank Accounts of 2 'Ponzi Schemes'
2020-10-26T13:42:57.000+02:00
Matthew Alan Beresford has been arrested and charged in connection with the alleged schemes.
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Rachel McIntosh
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Regulation
Court Approves AUSTRAC’s AU$1.3 Billion Fine on Westpac
2020-10-21T08:42:50.000+02:00
This is the largest civil penalty faced by anyone in Australia.
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Brokers
Australia Court Slaps over $53 Million Fine on AGM Markets, Others
2020-10-19T08:59:09.000+02:00
The companies have to initiate refund processes for the affected traders.
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Institutional FX
ANZ Faces $7.14 Million Fine over Unlawful Charges to Customers
2020-10-02T09:04:41.000+02:00
The bank already paid redemption charges to some of its affected customers.
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Regulation
ASIC Bans Former BGC Securities Broker from Providing Financial Services
2020-09-30T09:11:17.000+02:00
Former broker David Moore has been banned from providing financial services for 10 years.
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Exchanges
Binance Australia Partners with Blockchain Australia to Advance Adoption
2020-09-25T12:15:46.000+02:00
Binance Australia will assume a seat on Blockchain Australia.
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Executive Moves
Australian Fintech Afterpay CFO Luke Bortoli to Step Down
2020-09-24T08:29:14.000+02:00
Rebecca Lowde will replace Bortoli on the 6th of October 2020.
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Regulation
ASIC Extends COVID-19 Relief for Capital Raisings & Financial Advice
2020-09-23T07:16:20.000+02:00
ASIC will continue to monitor the appropriateness of the temporary relief measures.
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Brokers
Tiger Brokers Adds Access to Australian Securities Exchange
2020-09-18T09:08:21.000+02:00
The brokerage opened access to SGX last June that resulted in an influx of new clients.
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Institutional FX
Australian Court Fines NAB $41.87 Million for No Service Fees
2020-09-14T09:16:18.000+02:00
Clients were even charged for services that can otherwise be received for free.
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