AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Australia Commissions Capabilities Review of ASIC

By Editors | 11/09/2015

Australia’s government has commissioned a capabilities review to to examine, and make recommendations on how efficiently and effectively ASIC operates.

ASIC’s Biggest Concern – Culture and Conduct

By Editors | 02/09/2015

The Australian Securities and Investment Commission has published its latest three-year corporate plan, highlighting gatekeeper conduct and poor financial advice as some of its biggest concerns.

Industry Funding Model Proposed for Australian Regulator

By Editors | 28/08/2015

ASIC releases consultation paper proposing an industry funding model where regulatory costs will be recovered directly from banks, listed companies and the financial services sector.

ASIC Issues Third Report on Corporate Finance Regulation

By Editors | 24/08/2015

The Australia Securities and Investment Commission has published its third report detailing the approach it takes to the regulation of corporate finance issues.

ASIC Cracks Down on Interest-Only Mortgages

By Editors | 23/08/2015

The Australian Securities and Investment Commission has asked lenders to lift their standards for interest-only mortgages, after a probe found that lending criteria do not meet their responsible lending obligations.

ASIC Proposes Warrants and ETFs on Chi-X

By Editors | 20/08/2015

The Australian Securities and Investments Commission has proposed changes to its market integrity rules which would allow stock market operator Chi-X Australia to start quoting and trading warrants and exchange traded funds.

Big Aussie Banks Refuse to Contribute to Compensation Fund

By Editors | 17/08/2015

The big bank lobby is refusing to fund a “last resort” compensation fund for victims of financial planners that go bust, arguing that smaller companies should fund it themselves.

Australia Clamps Down on Excessive Private Equity Fees

By Editors | 06/08/2015

The Australian Securities and Investments Commission is being urged to crack down on the disclosure of fees by private equity firms amid fears local super funds and investors are being overcharged.

Changes to Securitisation Structures May Hit Smaller Aussie Lenders Harder

By Editors | 01/08/2015

The Australian Prudential Regulation Authority may end up shutting smaller lenders out of their main funding source with its toughened stance on securitised loans.