Tag: ASIC

The Australian Securities and Investments Commission (ASIC) has disclosed its intensified efforts against greenwashing.

Key Australian FinTech investment stats in Q1 2024: • Australian FinTech deal activity reached eight funding rounds in Q1 2024, a 73% decline from Q1...

Key Australian FinTech investment stats in 2023: • Australian FinTech deal activity reached 93 transactions in 2023, a 17% reduction from 2022 • Australian FinTech companies...

Australian regulator ASIC has issued a stark warning to organisations to ramp up their cyber security measures.

Firms facing transaction reporting obligations often find themselves navigating multiple regulatory regimes such as MiFID II, EMIR, Dodd Frank, and ASIC. Despite awareness of their duties, many aren't doing enough to meet the stringent regulatory standards.

Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.

The Australian Securities & Investments Commission (ASIC) has initiated a court action against the superannuation fund, Active Super.

The ASIC has begun court action against Vanguard Investments Australia, accusing it of making misleading claims about its ESG funds.

eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.

China and Australia's regulators have agreed a partnership to share information on FinTech developments and RegTech insights.