Tag: ASIC

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Digital

ASIC suspends FTX financial services licence

Beleaguered cryptocurrency exchange FTX has had the financial services licence of its Australian subsidiary suspended by the corporate watchdog after the company filed for bankruptcy. While the suspension runs...

ASIC needs to boost its tech investment: review

Posted on   |  by Brandon How
The Australian Securities and Investment Commission “requires a substantial uplift in its data and technology capability” alongside a “material cultural change” to access the full benefit of any upgrade,...

‘Regulation is coming’: ASIC chair tells crypto ecosystem

Posted on   |  by Brandon How
The Australian Securities and Investments Commission must become a “digital savvy regulator” to tackle growing regulatory challenges including crypto assets and investment scams according to its chair Joseph Longo....

Accenture to oversee ASX blockchain system review

Posted on   |  by Brandon How
The Australian Stock Exchange’s blockchain replacement for clearing system CHESS has been delayed again – for the fifth time – as the multinational tech consultants Accenture is brought in...

Enhanced ASIC sandbox readied for launch

Posted on   |  by Denham Sadler
A greatly expanded regulatory sandbox for FinTech companies is set to be launched in September, nearly three years after it was first announced by the federal government. Legislation widening...

No-one’s playing in the sandbox

Posted on   |  by Denham Sadler
The federal government will look to pass legislation improving the regulatory sandbox as a “matter of priority” when Parliament resumes next month after it was revealed that only seven...

Labor’s ASIC FinTech WA pledge

Posted on   |  by James Riley
Labor will fund new ASIC innovation resources to support FinTechs in Western Australia if it wins the upcoming federal election in order to stem the flow of companies relocating...

ASIC puts $6m to new innovation

Posted on   |  by James Riley
The Australian Securities and Investment Commission has revealed that it has set aside $6 million over two years to develop financial regulation technology (RegTech), including collaboration with industry on...