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The new service will feature higher monetary limits and compensation caps

  • February 14, 2018 February 14, 2018
  • 14:33

Australia’s regulatory sandbox to remain unchanged

The review aims to assess whether investors are getting useful information

Regulator cites online apps from unregistered firms that make misleading statements

The Australian regulator will establish a new regtech industry liaison network

The ASIC calls on the financial industry to heed the results of new academic research into effective whistleblowing.

The ASIC is making the move, which will consolidate obligations and prohibitions for licensed financial markets, to reduce regulatory red tape

Under the exemption, fintech firms will be allowed to experiment their new, innovative services with a limited number of retail investors

ASIC wants to ensure retail advice firms put processes in place to compensate their clients for losses suffered as result of advisor misconduct

Report sheds light on effects of a new best interests standard