Tagged: asic

June 23, 2017 @ 8:10 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Agency (JFSA) have announced a framework for co-operation to promote Fintech innovation in Japan and Australia. A formal “Exchange of Letters” ceremony between Australian Ambassador to Japan, the Hon Richard Court AC and State Minister… Read More

June 21, 2017 @ 10:25 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) is out with two consultation papers that are guides for crowd-sourced funding (or investment crowdfunding). The first, “Crowd-sourced funding: Guide for public companies,” is consultation seeking feedback for proposed guidance on public companies raising capital online. The second, “Crowd-sourced funding:… Read More

June 20, 2017 @ 10:25 pm By JD Alois  |  

VentureCrowd is a multi-asset crowdfunding platform providing early stage, property and “crowd credit” funding in Australia. Currently, VentureCrowd only caters to sophisticated or high net worth individuals.  Each early stage investment listed on its platform has already secured a professional lead investor thus allowing a smaller… Read More

April 24, 2017 @ 12:28 pm By Cole Lyons  |  

In an attempt to promote innovation in their financial service markets, the Australian Securities and Investment Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered into a Fintech Cooperation Agreement. Stated in a release Friday the 21st in Melbourne, the agreement creates a framework for collaboration… Read More

December 15, 2016 @ 2:19 pm By Samantha Hurst  |  

On Thursday, the Australian Securities and Investment Commission (ASIC) announced a licensing exemption that will allow eligible financial technology (also known as fintech) businesses to test certain specified services without holding an Australian financial services or credit license. According to the ASIC, the fintech licensing… Read More

November 3, 2016 @ 10:29 am By Erin Hobey  |  

Under a new agreement, fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market. Signed in Toronto this week, the Australian Securities and Investments Commission… Read More

June 29, 2016 @ 10:55 pm By JD Alois  |  

During a wide-ranging speech this week at the DBS Institutional Investor Symposium, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore (MAS), made the statement; “As a progressive and innovative financial centre, Singapore has much to offer to global investors in opening the door… Read More

March 23, 2016 @ 10:55 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) have inked an agreement to support innovative businesses seeking to gain entrance into each others markets.  The unique arrangement will see financial regulators looking to reduce bureaucratic red tape to help… Read More

March 25, 2013 @ 8:30 am By JD Alois  |  

Attached is the speech, in it’s entirety, as delivered by SEC Chairman Elisse Walter, presented to the Australian Securities and Investment Commission (ASIC) which was done by video conference yesterday for the event occurring in Sydney Australia.  While no mention of crowdfunding was directly included… Read More

March 24, 2013 @ 10:07 am By JD Alois  |  

Current SEC Chairman Elisse Walter will be delivering a speech to the Australian Securities & Investments Commission (ASIC) via video this week where she will address issues of  international co-operation amongst security regulators.  According to The Australian, she was originally to attend the conference but due… Read More