AFCA’s John Price wins Lifetime Achievement Award

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John Price, until recently Lead Ombudsman, Insurance, with the Australian Financial Complaints Authority (AFCA), has received a prestigious Lifetime Achievement Award for his significant contribution over many years – and

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ASIC fee relief for bushfire-affected customers

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ASIC is offering assistance for customers, including small businesses, who are affected by the current bushfires in New South Wales and Queensland by providing relief from various company-related fees that

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ASIC updates information for businesses on ICOs and crypto-assets

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ASIC has released new information to help businesses involved with initial coin offerings (ICOs) and crypto-assets to consider their legal obligations and satisfy themselves they are operating lawfully. ASIC has

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ASIC announces problem-solving regtech events for financial services industry

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ASIC has launched three regulatory technology (regtech) events in conjunction with industry and other stakeholders to promote regtech adoption among Australian financial services organisations. These events are an opportunity for

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Consultation on the proposed establishment of a Global Financial Innovation Network

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The Australian Securities and Investments Commission (ASIC) is, in collaboration with 11 international financial regulators, and related organisations, consulting on the proposed creation of the Global Financial Innovation Network (GFIN).

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ASIC reports on the 2017 annual general meeting season

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ASIC has published its overview of the annual general meeting (AGM) season for S&P/ASX 200 (ASX 200) listed companies in 2017. Report 564 Annual general meeting season 2017 (REP 564) examines the

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ASIC’s regulatory sandbox proposal to remain unchanged

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ASIC has released a review of its regulatory sandbox, introduced in December 2016. In the review ASIC proposes to retain class waivers known as the fintech licensing exemption, that allow

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Dubai and Australia seal agreement on fintech cooperation

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The Dubai Financial Services Authority (‘DFSA’) and ASIC last Friday signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. The DFSA regulates

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ASIC welcomes consultation on changes to fees-for-service

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ASIC welcomes the release by Treasury of a consultation paper proposing changes to fees-for-service. While around 90% of ASIC’s regulatory activities will be now be recovered as part of the

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ASIC overhauls funds management guidance

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ASIC has released a suite of new and updated guidance for the funds management industry for consultation. The six new and updated regulatory guides have been developed in advance of

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