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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Australia
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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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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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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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Brokers
USG UK Confirms Group Headquarters Will Be Moved to London
2020-09-11T07:29:44.000+02:00
The headquarters will be moved following the demise of USGFX in Australia.
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Brokers
TradeMax Rebrands to TMGM as It Boosts Global Expansion
2020-09-10T14:00:34.000+02:00
The brokerage is also expanding its global team and offering services in multiple languages.
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Regulation
Regulatory Clamping Reaching Safe Havens. Should CFD Brokers Be Afraid?
2020-09-08T13:27:14.000+02:00
Changes in regulatory requirements reach off-shore destinations
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Brokers
Court Orders USGFX Enter Liquidation, BRI Ferrier Remains as Liquidators
2020-09-07T11:32:13.000+02:00
USGFX applied to the Federal Court of Australia to have an alternate liquidator appointed to the broker.
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News
Revolut Brings Crypto Trading to Australian Customers
2020-09-03T08:47:04.000+02:00
The firm is stressing the simplicity of buying crypto on Revolut compared to other exchanges.
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Payments
iSignthis Increases Damage Claims against ASX, Adds $200.7m
2020-09-01T06:41:02.000+02:00
The damage claims relate to ASX suspending trading in ISX’s shares.
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News
Binance Joins Industry Bodies in UK, Australia
2020-08-27T11:56:55.000+02:00
The company is joining other notable industry leaders in these groups.
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Payments
Online Banking Payments Fintech Trustly Launches in Australia & Canada
2020-08-26T13:03:15.000+02:00
The launch in Australia marks the company’s first move into the Asia Pacific region.
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News
Ripple Faces Australian Lawsuit over ‘PayID’ Trademark
2020-08-26T11:29:39.000+02:00
The blockchain company is offering PayID services to its OPC customers.
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Brokers
Social Trading Platform NAGA Plans Entering Australia, South Africa
2020-08-25T11:03:58.000+02:00
The broker has already applied for respective licenses under local entities.
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Regulation
ASIC Bans Former ANZ Financial Advisor for Five Years
2020-08-25T08:23:58.000+02:00
Francesco Antonio (Tony) Romano of Adelaide has been banned from providing financial services.
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Exchanges
iSignthis Is Now Seeking $264 Million in Damages From ASX
2020-08-21T06:17:33.000+02:00
ISX has filed an amended statement of claim against the ASX in the Federal Court of Australia.
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Retail FX
Aussie Active Retail Investors Surpass 1 Million in H1: Investment Trends
2020-08-20T08:57:40.000+02:00
An Investment Trends survey showed there was a record inflow of 265,000 first-time investors.
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News
Revolut Rolls Out Full Services in Australia
2020-08-12T14:39:55.000+02:00
30,000 Australians already added on the waitlist during beta.
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