AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

AML / KYC

Australia to Launch Banker Remuneration Review

By Samuel Riding | 19/10/2016

APRA says FIs need to ‘better understand and manage their risk cultures’.

Australia Clamps Down on Late Financial Reports

By Samuel Riding | 07/10/2016

ASIC has cancelled Australian Financial Services licenses of three firms this year and suspended two.

Market Infrastructure

Australia Tightens Key Benchmark Rules

By Samuel Riding | 05/10/2016

New regulations require registration of benchmark-setting bodies.

Market Infrastructure

ASIC Extends Relief for FFSPs

By Samuel Riding | 04/10/2016

Passporting exemptions extended for two years; regulator also consults on licensing relief.

DTCC Cuts GTR Rates for MAS-, ASIC-regulated Transactions

By Samuel Riding | 22/09/2016

New York/London/Hong Kong/Singapore (21 September) – DTCC (the Depository Trust & Clearing Corporation) will from 1 October reduce fees for […]

Ex-Credit Suisse Broker Denies Procuring Insider Trading

By Samuel Riding | 21/09/2016

ASIC brings prosecution on 11 charges related to trades in 7 companies.

AML / KYC

ASIC Releases Remediation Guidelines for Financial Advisers

By Samuel Riding | 16/09/2016

Measures aim to prevent systemic risk arising from advisers’ conduct.

ANZ to Refund $22mn in Fees, Interest

By Samuel Riding | 06/09/2016

Bank charged fees on payments between accounts held by the same customer.

Market Infrastructure

ASIC Publishes ‘Robo-advice’ Guidelines

By Samuel Riding | 31/08/2016

Guidance covers licensing through to actual advice provision.