ASICRSS

The rise of regtech down under

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Could Australia give the UK a run for its money? Wayne Johnson, co-founder and CEO of Encompass Corporation, explores.

Abu Dhabi and Australia ally for fintech innovation

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The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) and the Australian Securities and Investments Commission (ASIC) have signed a co-operation agreement for financial innovation. This agreement, which follows on from recent deals with Hong Kong and Japan, expands ASIC’s network to the Middle East and North Africa (MENA) – which are “currently […]

Japan and Australia regulators to co-operate on fintech

To Apple Pay or not to Apple Pay, that is the question

The Financial Services Agency of Japan (JFSA) and Australian Securities and Investments Commission (ASIC) will work together to promote innovation in financial services in Japan and Australia. Both have completed a framework and they will share information and support the entry of fintech firms into each other’s markets. ASIC says this framework will “help open […]

Australia and Hong Kong get it on for fintech innovation

Hong Kong

The Hong Kong Securities and Futures Commission (SFC) and Australian Securities and Investments Commission (ASIC) have signed a co-operation agreement for financial innovation. Both parties play up their “already close ties” and the Australia-Hong Kong trade and investment relationship “more broadly”. ASIC says Hong Kong is Australia’s seventh most important destination for services exports, valued […]

ASIC boosts Australia’s regtech innovation scene

To Apple Pay or not to Apple Pay, that is the question

It’s smiles all around as two fintech groups are welcoming the Australian Securities and Investments Commission’s (ASIC) initiative for more regtech innovation. The RegTech Association and FinTech Australia joined forces to welcome the release of the report, “ASIC’s Innovation Hub and our approach to regulatory technology”. This latest bout of happiness follows nicely on from […]

Australia offers world-first licensing exemption for fintech

To Apple Pay or not to Apple Pay, that is the question

Innovation Down Under gets jazzed up. The Australian Securities and Investments Commission (ASIC) has released class waivers to allow eligible fintech firms to test certain specified services without holding an Australian financial services (AFS) or credit licence. ASIC commissioner John Price says its fintech licensing exemption is “unique” and “no other major jurisdiction has implemented […]

New rules for dark trading and HFT in Australia

Australia's ASIC has introduced new tougher rules for HFT and dark pools

Australia’s Securities and Investments Commission has set out a series of final rules on dark liquidity and high-frequency trading, which it says will promise a more stable market.

Australia reins in HFT and ‘dark’ trading

Australia has introduced new controls on HFT and dark trading

Australia’s ASIC has set out sweeping reforms to the way capital markets operate in the country, including new rules designed to limit dark trading liquidity and high-frequency trading.

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