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ASIC considering further regulation of the Australian Forex industry

Australian Securities and Investments Commission has recently released a consultation document, where it stated it would be looking to impose strict controls on the...

ESMA regulations – and what next?

On January 3, 2018, ESMA - the European Securities and Markets Authority was granted interventions for products in connection with the entry into force...

Interactive Brokers LLC Pays $250,000 Infringement Notice Penalty

Interactive Brokers LLC ('Interactive') has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ('the...

ASIC Broadens Fintech Cooperation with Canadian Regulators

ASIC has today announced a Cooperation Agreement with Canadian regulators on fintech cooperation. This agreement expands the existing framework for information sharing and also...

ASIC Reports on Decisions to Cut Red Tape – April to September 2017

ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for...

ASIC Overview of Licensing and Professional Registration

ASIC has today reported on its approach to and assessment of licence applications and professional registrations for the period July 2016 to June 2017. Report 553 Overview...

ASIC Welcomes Consultation on Changes to Fees-for-Service

ASIC welcomes the release by Treasury of a consultation paper proposing changes to fees-for-service. While around 90% of ASIC’s regulatory activities will be now be...

ASIC Acts Against Superfunded and the Goldenbergs SMSF Scheme

ASIC has commenced proceedings in the Federal Court of Australia and obtained interim injunctions against Perth-based Superfunded Pty Ltd (ACN 617 328 588) (Superfunded)...

ASIC Takes Further Action in Allianz Metro Binary Option Trading Investigation

ASIC has sought final orders in ongoing Federal Court proceedings against a number of international and Australian companies and associated individuals that it alleges...

ASIC Announces the Initial Members of the Financial Services and Credit Panel

Following expressions of interest from leaders in the financial services and consumer credit industry to become members of the Financial Services and Credit Panel...

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