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…
Halifax Investment Services Licence Suspended
ASIC has suspended the Australian financial services (AFS) licence held by Halifax Investment Services Pty Ltd (Halifax) until 10 January 2020. Halifax was a financial services licensee headquartered in Sydney with a partially-owned subsidiary in…
Beware Banking Scam Impersonating ASIC
ASIC is warning the public to be wary of scammers claiming to be from ASIC in connection with Luxembourg Offshore Banking, also known as LUXOSB Limited. The activities of Luxembourg Offshore Banking and LUXOSB Limited…
ASIC Cancels AFS Licence of Evermore Money Management
ASIC has cancelled the Australian financial services (AFS) licence of Evermore Money Management Pty Ltd (Evermore) for failing to comply with several key obligations as an AFS licensee. The cancellation is effective from 4 December…
ASIC Advice to AFS Licensees About Upcoming Changes…
From 1 January 2019, new professional standards requirements for financial advisers will progressively replace training standards in Regulatory Guide 146 Licensing: Training of financial product advisers(RG 146). The professional standards reforms were introduced in March 2017…
ASIC Consults on Proposed Changes to the Capital…
ASIC has released a consultation paper proposing changes to the capital requirements for market participants, which prescribe the minimum amount of capital a participant must hold. The proposed changes will better protect investors and market…
ASIC suspends AFS licence of Direct FX Trading…
ASIC has suspended the Australian financial services (AFS) licence of Direct FX Trading Pty Ltd (AFS licence 305539) (Direct FX) for a minimum of ten weeks and up to six months, depending on whether key…
Corpac Partners’ AFS licence suspended for failing to…
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services (AFS) licence of NSW-based Corpac Partners Pty Limited (Corpac Partners) from 28 February 2018 for failing to lodge financial statements and auditor's…