Australia well-placed to unlock opportunities from innovation in the financial system

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New research released ysterday by ASIC shows that Australia is well-placed to harness an ongoing surge of financial innovation. The Innovation in Financial Technology and RegTech research, conducted by the Digital

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ASIC continues to ease regulatory burden

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ASIC has taken further steps towards clearer regulation, expanding digital services capability, streamlining its website, and simplifying regulatory guidance. ASIC Chair Joe Longo said the outcomes highlighted in Report 830 Regulatory

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New ASIC Chair

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ASIC Chair Joe Longo has welcomed the appointment of Sarah Court as the agency’s incoming Chair. Mr Longo said Ms Court would bring deep regulatory expertise to the role from

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ASIC’s annual report reveals strong growth in enforcement action and investigations and keen focus on strengthening markets

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ASIC has ramped up enforcement activity and commenced a significant body of work to address regulatory complexity and strengthen Australia’s markets, its latest annual report has shown. ASIC Chair Joe

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ASIC slashes red tape and calls for further regulatory simplification proposals

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A new report from ASIC reveals the agency has culled more than 9,240 pages of regulation since the beginning of the year as it calls for further ideas for regulatory

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ASIC plan underscores response to financial ecosystem threats

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New statistics detail a boost to ASIC’s investigation and enforcement activity as the agency outlines its focuses in the year ahead. ASIC Chair Joe Longo said the agency’s transformation with

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ASIC to review superannuation investment requirements

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ASIC has commenced a targeted review that may help boost investment in property by Australia’s superannuation funds. The review will focus on requirements to disclose stamp duty payments in Regulatory

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Enhancing competition and innovation in Australia’s evolving capital markets

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ASIC is taking significant steps to foster competition and innovation, creating more opportunities for companies and investors, and attracting more foreign capital to Australia. ASIC is in the final stages

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ASIC sues Fortnum Private Wealth for allegedly failing to adequately manage cybersecurity risks

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ASIC is suing financial advice business Fortnum Private Wealth Limited alleging it failed to properly manage and mitigate cybersecurity risks. In proceedings filed in the NSW Supreme Court, ASIC alleges

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ASIC appoints expert panel for ASX Inquiry

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ASIC has announced it has appointed three panel members to conduct its Inquiry into Australian Securities Exchange (ASX) group. This follows ASIC’s recent announcement of an Inquiry into ASX, focusing

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