AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

AML / KYC

HSBC Accepts ASIC Undertaking on Structured Product Sales

By Samuel Riding | 18/05/2016

Bank required to remediate clients who may have received ‘deficient advice’.

AML / KYC

ASIC to Use Windfall to Boost Surveillance, Enforcement

By Samuel Riding | 21/04/2016

Australian securities regulator also welcomes shift to industry funding model.

Market Infrastructure

Australian Bitcoin Exchanges Face Calls for Greater Scrutiny

By Samuel Riding | 14/04/2016

Calls for tighter rules amid rumoured collapse of Igot bitcoin exchange.

Market Infrastructure

Australia, Singapore Aim to Lower Fintech Barriers

By Samuel Riding | 12/04/2016

National regulators to discuss agreement to support cross-border operation of fintech start-ups.

Market Infrastructure

IOSCO Issues Cyber Risk Study

By Samuel Riding | 07/04/2016

Report explores approach to cyber risks of Singapore and Australian regulators.

Securities / Derivatives

ASIC Starts Civil Case Against Westpac for BBSW Manipulation

By Samuel Riding | 06/04/2016

Securities regulator instigates case for ‘unconscionable conduct and market manipulation’.

Market Infrastructure

Australia Set to Bring Bitcoin Under AML/CTF Law

By Samuel Riding | 22/03/2016

Government’s recommends virtual currency be recognised as money under tax legislation.

Market Infrastructure

ASIC Issues Robo-advice Consultation

By Samuel Riding | 22/03/2016

Consultation paper and draft regulatory guide cover licensing and advice to retail clients.

Securities / Derivatives

ASIC Begins Legal Proceedings against ANZ in Rate-rigging Case

By Samuel Riding | 04/03/2016

Regulator alleges bank sought to benefit from movements in bill swap reference rate.