ASIC

ASIC Updates Guidance for Funds Management Industry

ASIC has released a suite of seven new and updated regulatory guides to provide comprehensive guidance to the funds management industry. The guidance has been updated for changes arising from the Asia Region Funds Passport and…

ASIC revises licensing regime for domestic and overseas…

ASIC has modernised and updated its regulatory guidance on the licensing regime for financial markets. Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172) introduces a two-tiered market licence regime, applying a risk-based…

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…