ASIC commits to new Action Plan delivering better outcomes for Indigenous Australians

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Consumer issues including car sales, credit and consumer leases headline some of the key priority areas in the National Indigenous Consumer Strategy (NICS) Action Plan 2017–2019. The three year plan

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ASIC remakes relief for financial counselling agencies providing advice or credit assistance

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ASIC has made two new instruments relating to financial counselling agencies to continue the relief provided by class orders that were due to expire (‘sunset’). ASIC has remade: Class Order

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ASIC facilitates crowd-sourced funding by public companies

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The Australian Securities and Investments Commission (ASIC) has released guidance for public companies and crowd-funding platform operators to support them in using the new crowd-sourced funding (CSF) regime, which commences

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ASIC’s 2017-20 data strategy launched

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The Australian Securities and Investments Commission has launched its data strategy for 2017-20. The strategy, which outlines how ASIC will capture, share and use data, will transition ASIC into a more

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Response to feedback on REP 523 ASIC’s Innovation Hub and our approach to regulatory technology

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ASIC last week released its response to industry feedback on ASIC’s Innovation Hub and its approach to regulatory technology. In May ASIC released for consultation Report 523 ASIC’s Innovation Hub and our

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Applications for crowd-funding licences open 29 September 2017

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From 29 September 2017, the new crowd-sourced funding (CSF) regime will come into effect and ASIC will begin accepting licence applications from CSF intermediaries. Under the CSF regime, eligible public

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ASIC releases market integrity report

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ASIC has released its latest report on market integrity for the period 1 January to 30 June 2017. The report covers ASIC’s work to help ensure Australia’s financial markets operate

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ASIC’s MoneySmart tips for home buyers

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ASIC has launched a series of videos to help consumers make MoneySmart decisions when buying a home. TV personality Shelley Craft hosts five videos featuring essential tips on the key decisions

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ASIC extends time for expressions of interest for membership of Financial Services and Credit Panel

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The Australian Securities and Investments Commission has extended, to 14 September 2017, the time for expressions of interest from financial services and consumer credit industry participants who are interested in

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ASIC reports on how investors decide to invest in IPOs

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Based on recent research, ASIC reports that prospectuses are important for investors in considering an investment in an IPO  but there is scope for improvement in the usability and credibility

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