ASIC takes action on misleading or deceptive conduct in ICOs

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ASIC is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). These offers can involve significant risks for

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02 May 2018

ASIC releases guidance on AFS licensing exemption for tax and BAS agents

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The Australian Securities and Investments Commission (ASIC) has updated its guidance for accountants who provide services on self-managed superannuation funds (SMSFs) to cover the exemption from the Australian Financial Services

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27 Apr 2018

ASIC releases updated guidance on client money

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ASIC has released updated guidance for Australian financial services (AFS) licensees that hold client money for trading in over-the-counter (OTC) derivatives. The guidance coincides with the start of ASIC’s Client Money

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05 Apr 2018

ASIC releases market integrity report

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ASIC has released its latest report on market integrity for the period 1 July to 31 December 2017. Read Report 569 Market integrity report: July to December 2017 The report covers

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16 Mar 2018

ASIC extends the transition period for superannuation and retirement calculators

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ASIC has extended, to 1 July 2019, the time that providers of retirement and superannuation calculators have to comply with the requirement that generic financial calculators must account for inflation.

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14 Mar 2018

Working together for stronger financial capability

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ASIC has released the National Financial Literacy Strategy Annual Highlights Report 2016‑17. The Report paints a national picture of financial literacy programs and initiatives delivered by a wide range of

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09 Mar 2018

ASIC consults on updated guidance for its oversight of the Australian Financial Complaints Authority (AFCA)

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ASIC has released a draft updated Regulatory Guide 139, Oversight of AFCA (updated RG139) for public consultation. The Bill to establish AFCA passed on 14 February 2018, and Minister for Financial Services,

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08 Mar 2018

ASIC’s latest enforcement report highlights outcomes from the second half of 2017

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ASIC has released its enforcement outcomes report for the period 1 July 2017 to 31 December 2017. The enforcement outcomes over that six-month period include: The report presents a number

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02 Mar 2018

ASIC reports on corporate finance regulation – July to December 2017

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ASIC has published its latest report on the regulation of corporate finance issues in Australia for the period July to December 2017. The report provides companies and their advisers with

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28 Feb 2018

ASIC welcomes establishment of the Australian Financial Complaints Authority

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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

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16 Feb 2018