Tag: ASIC

ASIC unveils new ICO guidelines

Posted on   |  by James Riley
The corporate regulator has released its first set of guidelines for ICOs – or Initial Coin Offerings – detailing how the ‘Wild West’ of startup capital raising is to...

ASIC fires cyber warning shots

Posted on   |  by Stuart Kennedy
ASIC Commissioner John Price has read the riot act, albeit civilly, to both companies and insurers over the need for boards of the former to get their cyber resilience...

Gov’t publishes new crowd rules

Posted on   |  by Denham Sadler
The corporate regulator has released the set of guidelines outlining how the first iteration of Australia’s equity crowdfunding regime will work. Crowdsourced equity funding mechanisms for retail investors will...

ASIC to create RegTech advisory

Posted on   |  by James Riley
The Australian Securities and Investments Commission (ASIC) wants to establish a new RegTech advisory group before the end of the year to help advocate for support for the RegTech...

Complex cyber insurance plans

Posted on   |  by James Riley
The data breach at the consumer credit reporting agency Equifax a week ago was shocking not just for its scale – 143 million personal records were snatched – but...

Medcraft on ethics and algorithms

Posted on   |  by James Riley
Businesses and government must be held accountable for their use of computer algorithms and big data and transparency should be the first priority, ASIC chairman Greg Medcraft said. Addressing...

ASIC set to move on ICOs

Posted on   |  by James Riley
Australian regulators are grappling to control the “Wild West” world of ICOs, a new blockchain-based funding method that is changing the way new tech companies raise money. ASIC is...

Govt to regulate digital currencies

Posted on   |  by Denham Sadler
Australia has taken a “big step forward” in recognising digital currencies as legitimate and trusted with the government moving to regulate the likes of bitcoin for the first time....

Other side of the FinTech coin

Posted on   |  by James Riley
There is an almost unlimited opportunity for the RegTech sector in Australia, but the country must move quickly at every level from RegTech startups to the regulatory environment to...