ASIC

ASIC: Block Earner Ran Unlicensed Crypto Investments
ASIC: Block Earner Ran Unlicensed Crypto Investments
November 23, 2022  |  Cryptocurrency

The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. “Block Earner offered...

READ MORE >
Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital Currencies
Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital...
June 24, 2020  |  Bitcoin

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid...

READ MORE >
Aussie Competition, Finance Regs Collab Against Late Payments
Aussie Competition, Finance Regs Collab Against Late Payments
March 04, 2020  |  B2B Payments

Financial and competition regulators in Australia have teamed up to look into the rising use of supplier payday lending schemes used by big companies, according...

READ MORE >
Australian Finance Regs Look To AI For Compliance
Australian Finance Regs Look To AI For Compliance
April 08, 2019  |  Artificial Intelligence

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve...

READ MORE >
Aussie Banks Too Slow In Breach Notifications: Regs
Aussie Banks Too Slow In Breach Notifications: Regs
September 26, 2018  |  B2B Payments

Australian regulators on Tuesday (Sept. 25) criticized top banks in the country for what authorities called inadequate reporting of breaches of financial law. Reports in...

READ MORE >
Bitcoin Daily: US Reps Want IRS To Update Crypto Tax Guidance; Bitcoin Miners Face DDoS Vulnerability
Bitcoin Daily: US Reps Want IRS To Update Crypto Tax Guidance; Bitcoin Miners Face DDoS...
September 21, 2018  |  Bitcoin

The Australian Securities & Investments Commission (ASIC) is looking to clamp down on “misleading” initial coin offerings (ICOs), Reuters reported. And, while Reuters reported that...

READ MORE >
Aussie Corporates Ill-Prepared For New Accounting Rules
Aussie Corporates Ill-Prepared For New Accounting Rules
July 06, 2018  |  B2B Payments

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Reports in the Australian Financial Review said the Australian Securities...

READ MORE >
Australia To Cut Corporate Watchdog Funding
Australia To Cut Corporate Watchdog Funding
May 11, 2018  |  B2B Payments

The Australian government is planning to cut funding for its corporate watchdog, despite the regulator warning that a lack of resources has already limited its...

READ MORE >
Regulator Says CBA Is Stable Despite Money Laundering Charges
Regulator Says CBA Is Stable Despite Money Laundering Charges
September 14, 2017  |  Security & Fraud

A key regulator in Australia’s financial services industry said this week that the charges accusing Commonwealth Bank of Australia (CBA) of engaging in money laundering...

READ MORE >