Australia

agreement

Tyro recruits PayPal exec

23/01/2017(0)
In a statement released today, Tyro, which describes itself as “Australia’s fast growing nextgen bank”, announced that Mr Al-Bassam will head up the company’s product development operations, while current ... Read More
ASIC_regulator

ASIC releases world-first licensing exemption for fintech businesses

16/12/2016(0)
ASIC has today released class waivers to allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC Commissioner ... Read More
legal-automation

New legal software ‘even better’ than humans

15/12/2016(0)
One law firm is already using a cutting-edge automation software that is set to hit the wider Australian legal market early next year. The automation platform Cael Verify is set ... Read More
ASIC_regulator

Court fines Sino Australia Oil and Gas Limited and disqualifies former chairman, Tianpeng Shao

09/12/2016(0)
The Federal Court of Australia has ordered that Sino Australia Oil and Gas Limited (in liquidation) (Sino) pay a pecuniary penalty of $800,000 and its former chairman, Mr Tianpeng ... Read More
digital-currencies

ADCCA launched the first Australian Digital Currency Industry Code of Conduct

07/12/2016(0)
Industry joins forces to create a digital currency code of conduct to protect consumers and boost growth The Australian Digital Currency & Commerce Association (ADCCA) today launched the first ... Read More
forex

Asia Stocks Higher, Australia Bucks Negative Growth Report

07/12/2016(0)
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei ... Read More
ASIC_regulator

ASIC action sees BMW Australia Finance to repay $77 million to customers

06/12/2016(0)
ASIC has accepted an Enforceable Undertaking (EU) from car financier, BMW Australia Finance Limited (BMW Finance), which will see BMW Finance implement Australia’s largest consumer credit remediation program to ... Read More
ASIC_regulator

ASIC launches new digital toolkit to help Australians navigate financial advice

28/11/2016(0)
A new online toolkit developed by ASIC’s MoneySmart will enable Australians to better understand and navigate the financial advice process. ASIC’s MoneySmart Financial Advice Toolkit is a free educational ... Read More
Norton Rose Fulbright

Global law firm opens office in Papua New Guinea

25/11/2016(0)
Global law firm Norton Rose Fulbright announced today the appointment of Karo Lelai, who has joined as the principal of its new office in Port Moresby. Mrs Lelai joins ... Read More
ASIC_regulator

ASIC bans former AMP Financial Planning representative from providing financial services for eight years

18/11/2016(0)
ASIC has banned Mr James Edward McCarthy, a financial adviser from South Australia, from providing financial services until 14 November 2024. Mr McCarthy is the sole director of McCarthy ... Read More
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