ASIC makes new rules on suspicious activity reporting

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ASIC has made new market integrity rules for suspicious activity reporting and short sale tagging requirements which will apply for the Australian Securities Exchange (ASX) and Chi-X markets. The suspicious

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ASIC: Shorter PDS regime guidance and relief

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ASIC has issued guidance to assist issuers of superannuation products and simple managed investment schemes comply with the shorter product disclosure statement (PDS) regime. The shorter PDS regime commences fully

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Applying for an Australian financial services licence made easier

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Applying for an Australian financial services (AFS) licence will be more efficient and involve less paperwork following changes announced by ASIC. Revisions to ASIC’s regulatory guidance for AFS licence applicants

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ASIC provides update on Trio

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ASIC has provided an update on the work relating to the collapse of Trio Capital. Enforcement ASIC has taken enforcement action on Trio against a range of gatekeepers. This includes directors

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ASIC highlights concerns in money handling

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An ASIC review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference (CFDs) and margin FX derivatives. ASIC is

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ASIC releases policies on adviser training for carbon financial products

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ASIC has released its final policies on adviser training and financial requirements for entities and individuals providing financial services in relation to emissions units following a public consultation (refer Consultation Paper

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ASIC releases exchange traded funds report

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ASIC has released a report on exchange traded funds (ETFs) which outlines how this growing industry is regulated in Australia and the impact of proposed international principles to address concerns by

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ASIC improves disclosure of unlisted property scheme risks

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ASIC has introduced a new disclosure principle and six new disclosure benchmarks for unlisted property schemes to improve investors’ awareness of the risks of investing in these products. Regulatory Guide 46

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ASIC releases full report on retirement advice shadow shopping research

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ASIC today released the full findings of ‘shadow shopping’ research which examined financial advice given to people to help them plan for retirement. The purpose of Report 279 Shadow shopping

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ASIC paper (CP 176) reviewing regulatory approach to platforms

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ASIC yesterday announced it is reviewing its regulatory approach to platforms as part of broader efforts to promote investor confidence in the sector. The platforms sector attracts significant funds. In

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