The FMA and ASIC confirm trans-Tasman collaborative approach to fintech

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The Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC) have re-affirmed their commitment to collaboration and cooperation on the expanding opportunities in fintech and innovation. The

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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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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 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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ASIC announces regtech showcase event

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ASIC has announced that it will hold a showcase event on regulatory technology (regtech) on 18 September 2017 in Sydney. With regtech at the top of the minds of both regulators and

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Japan and Australia cooperate on fintech

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The Japan Financial Services Agency (‘JFSA’) and Australian Securities and Investments Commission (‘ASIC’) last week announced the completion of a framework for co-operation to promote innovation in financial services in Japan

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ASIC commences consultation on proposed guidance on crowd-sourced funding

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ASIC yesterday released two consultation papers proposing guidance for public companies and intermediaries (i.e. crowd funding platform operators) to assist them in using the new crowd-sourced funding (CSF) regime commencing on

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ASIC proposes next steps on regtech

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ASIC will establish a new regtech industry liaison network, conduct a number of new technology trials using regtech applications and establish a ‘hackathon’ later this year to help identify roadblocks

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ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services

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The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement,

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