ASIC

ASIC_regulator

ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses

19/05/2017(0)
ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned ... Read More
ASIC_regulator

ASIC consults on ‘sunsetting’ class orders about licensing relief for financial counselling agencies and rural financial counselling service providers

17/05/2017(0)
ASIC today released a consultation paper proposing to remake three ASIC instruments relating to financial counsellors, which are due to expire between 1 October 2017 and April 2026. ASIC ... Read More
ASIC_regulator

Former director jailed in misappropriate investor funds case

15/05/2017(0)
Mr Gavin Keith Hyland has been convicted in the Brisbane District Court on two counts of dishonestly using his position to misappropriate investor funds. In relation to the first ... Read More
ASIC_regulator

Federal Court makes order to limit operation of Melbourne-based financial services business

09/05/2017(0)
ASIC has obtained an order which requires financial services business “Yes FS” to change how it deals with its clients until the trial of proceedings for alleged breaches of ... Read More
ASIC_regulator

AAT affirms ASIC’s disqualification and banning of the former MD of Provident Capital Ltd

04/05/2017(0)
On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC’s decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from ... Read More
ASIC_regulator

ASIC takes action against Courtenay House Capital Trading Group to protect investors

02/05/2017(2)
Following an application by ASIC, the Supreme Court of NSW has made interim orders by consent against Courtenay House Capital Trading Group Pty Ltd (Courtenay House Trading Group), Courtenay ... Read More
ASIC_regulator

Former Perth managing director sentenced to 18 months’ jail for insider trading

28/04/2017(0)
Former Managing Director Steven Robert Noske has been sentenced today to 18 months’ imprisonment and fined $20,000 after being found guilty of insider trading by a West Australian Supreme Court ... Read More
ASIC_regulator

ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services

21/04/2017(0)
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The ... Read More
ASIC_regulator

ASIC bans former director of AFS Capital

20/04/2017(0)
ASIC has banned Dr Bingxing Hu (Dr Hu), of Melbourne, Victoria, from providing financial services for five years. Dr Hu was a director of AFS Capital Securities Limited ACN ... Read More
ASIC_regulator

ASIC extends the relief provided for foreign collective investment schemes for two years

03/04/2017(0)
ASIC has extended Class Order Foreign collective investment schemes () for two years. This class order was due to expire (sunset) on 1 April 2017. [CO ... Read More
Broker Cyprus TopFX