AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

ASIC Warns on Unlicensed OTC

By Samuel Riding | 07/07/2016

Securities regulator has contacted 40 unlicensed operators, 21 have taken remedial measures.

AML / KYC

ASIC Flags OTC Derivatives Compliance Failures

By Samuel Riding | 21/06/2016

More than 70% of firms authorised to sell retail OTC derivatives said failing to meet requirements.

Market Infrastructure

Singapore, Australia Establish Fintech Tie-up

By Samuel Riding | 16/06/2016

Agreement aims to reduce regulatory uncertainty and time to market, MAS says.

Market Infrastructure

ASIC Confirms ASX Meets Regulatory Obligations

By Samuel Riding | 15/06/2016

Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.

AML / KYC

ASIC Starts 1st Civil Action on Best Interests Rule

By Samuel Riding | 10/06/2016

Regulator says financial adviser breached ‘best interests duty’ in selling life risk insurance.

AML / KYC

ASIC Consults on Fintech Sandbox

By Samuel Riding | 08/06/2016

Regulator proposes six-month licensing exemption, modified organisational competence requirements.

Market Infrastructure

ASIC Launches 3rd BBSW-rigging Case

By Samuel Riding | 08/06/2016

Securities regulator accuses NAB of ‘unconscionable conduct and market manipulation’.

ASIC Eases Path to New Tax Systems for Investment Trusts

By Samuel Riding | 03/06/2016

Managed trusts can change constitutions without holding members’ meetings.

Market Infrastructure

Credit Suisse Fined for Market Integrity Rule Breaches

By Samuel Riding | 20/05/2016

Australian unit fined USD50,000 for failure to have automated trading filters in place to prevent interference with market integrity.