All posts tagged "ASIC"
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295Australia & NZASIC Issues Report on Debt Capital Raising Conflicts of Interest
ASIC's report, in alignment with a report from IOSCO, offers better practices to manage conflicts of interest and conduct risks in debt capital market transactions.
September 24, 2020 -
226Australia & NZAPRA Offers Guidance on Handling of Deferred Loans
Banks should immediately inform APRA and ASIC if they experience issues collecting on loans with repayment deferrals.
September 24, 2020 -
437Australia & NZ
ASIC Directs Fund Managers to Correct Product Mislabelling
ASIC has identified 14 funds using the term 'cash' in their names in a confusing and inappropriate way, and 3 others with a significant liquidity mismatch.
September 23, 2020 -
348Australia & NZ
ASIC Power to Obtain Documents Upheld in Federal Court
Two separate rulings against Maxi EFX and IOOF-owned RI Advice clarify obligations for those who receive ASIC notices requiring them to produce documents.
September 14, 2020 -
497Australia & NZFederal Court Imposes A$57.5m Penalty Against NAB Units
NULIS Nominees and MLC Nominees admitted to misleading or deceptive conduct, false or misleading representations, and breaches of the ASIC Act and Corporations Act.
September 14, 2020 -
912Australia & NZ
ASIC Defers New Fee Disclosure Obligations Two Years to 2022
Superannuation funds and managed investment scheme issuers will now have until September 2022 to comply with fee and cost disclosure requirements.
September 10, 2020 -
1.3KAustralia & NZAustralia Senate Committee on Fintech, Regtech Publishes Interim Report
The committee has categorised the material presented under: Covid-19 issues, tax, regulation, access to capital, skills and talent, and culture.
September 4, 2020 -
1.2KAustralia & NZ
ASIC Four-year Plan Targets Misconduct, Innovation
In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.
September 2, 2020 -
525Australia & NZ
Brokers Push Back Against ASIC Proposal to Limit CFD Leverage
Foreign exchange brokers expressed concerns that the proposals are overly stringent, infringe on investor freedoms, and may result in regulatory arbitrage.
August 31, 2020 -
1.0KAustralia & NZASIC Grants Regulatory Relief for Companies Planning IPOs
ASIC is granting relief for voluntary escrow arrangements and pre-prospectus communications to security holders and employees to reduce IPO red tape.
August 28, 2020
