asic regulation

Policy & Regulation

Licence changes to two financial services firms

The Australian financial services licence of one financial services providers has been cancelled while another has been revoked. ...

Policy & Regulation

ASIC to review market maker funds

The Australian Investments and Securities Commission has asked market operators to exclude any new managed funds that fail to disclose their daily portfolio holdings and ...

Policy & Regulation

ASIC cancels licence of Sydney financial services provider

The Australian Securities and Investments Commission has cancelled the licence of Sydney-based Australian Mutual Holdings after the banning of its joint executive directo...

Policy & Regulation

ASIC targets licensees over lack of AFCA membership

Over 50 financial services and credit licensees have been formally suspended or cancelled by the Australian Securities and Investments Commission after failing to obtain ...

Policy & Regulation

ASIC targets payday lenders with new powers

The Australian Securities and Investments Commission has proposed the first use for its product intervention powers will be addressing significant consumer detriment in t...

Policy & Regulation

ANZ complies with ASIC enforcement

The Australian Securities and Investments Commission has announced ANZ has complied with the court enforceable undertaking regarding its fees for no service conduct for i...

Policy & Regulation

ASIC to look into MiFID II impacts

ASIC has engaged UNSW to survey Australian fund managers that may be impacted by the European Union’s MiFID II rules, noting that the regulations may become an unofficial...