OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
ASIC Research Highlights Need for Improved Consumer Complaints…
ASIC has released research exploring the consumer complaints experience of internal dispute resolution (IDR) procedures across the financial services sector. The research sought to better understand the experience of people thinking about or making a…
ASIC Cancels Retail OTC Derivative Issuer Berndale Capital…
ASIC has cancelled Melbourne based retail OTC derivative issuer, Berndale Capital Securities Pty Ltd’s (Berndale) Australian Financial Services (AFS) licence. ASIC has also banned Stavro D’Amore, of Middle Park, Victoria, a former director of Berndale,…
ASIC to cancel Austplan’s AFS Licence
ASIC will cancel the (Australian financial services) AFS licence of Austplan Pty Ltd (Austplan) effective from 25 November 2018 by agreement with the licensee. ASIC was concerned about Austplan’s ability to do all things necessary…
ASIC approves Australian Financial Complaints Authority Rules
The Australian Securities and Investments Commission (ASIC) has approved the Australian Financial Complaints Authority (AFCA) Complaint Resolution Scheme Rules and the Terms of Reference of the AFCA Independent Assessor (IA). ASIC is required to approve…
ASIC releases guidance for its oversight of the…
Ahead of the commencement of the Australian Financial Complaints Authority (AFCA) on 1 November 2018, ASIC has released new Regulatory Guide 267 Oversight of the Australian Financial Complaints Authority (RG 267). ASIC is releasing new guidance in…
ASIC Issues Draft Guidelines of Dispute Resolution Authority…
The Australian Securities and Investment Commission (ASIC) has initiated the process to create a new regulatory body to be called as Australian Financial Complaints Authority (AFCA) after the bill was passed in Australia's parliament in February 14th,…
ASIC welcomes the passage through Parliament of the…
ASIC welcomes the passage through Parliament of the Bill to establish the Australian Financial Complaints Authority (AFCA). AFCA will be the culmination of more than 20 months of public consultation and inquiry, commencing with the…