ASIC Archives - FortuneZ

Busted: ASIC Freezes Websites & Bank Accounts of 2 ‘Ponzi Schemes’

October 26, 2020

The Australian Securities and Investments Commission (ASIC) has announced that the Australian Federal Court made orders restraining Matthew Alan Beresford from continuing to operate a financial services busin...

ASIC Bans Former Forex CT Employee Steven Marsh for 3 Years

June 29, 2020

The Australian Securities and Investments Commission (ASIC) announced this Monday that it has banned Steven Marsh, a former employee of Forex Capital Trading Pty Ltd (Forex CT), from providing financial servi...

ASIC Reports 20% Uptick in Investment Scams During COVID-19

June 24, 2020

The Australian Securities and Investments Commission (ASIC) announced this Wednesday that it has seen an uptick in the number of investment scam reports from consumers and investors within Australia during the ...

Pepperstone Brings in Ex-ASIC Lawyer to Head Compliance Team

September 14, 2018

Australian retail broker Pepperstone has nabbed an ex-regulator to head up its compliance division. Peta Stead, formerly a Senior Lawyer and Regulatory Compliance Expert at the Australian Securities and Inves...

ASIC to Keep Watchful Eye on Cryptocurrencies and ICOs

September 7, 2018

The Australian Securities and Investments Commission (ASIC) has published its corporate plan for 2018 up until 2022 today. In the report, the regulator has highlighted cryptocurrencies as a potential threat t...

More Than 1,200 Crypto-Related Scams Reported in Australia in 2017

February 28, 2018

Cryptocurrency-related scams are increasing at an alarming rate all over the world. In 2017 alone, the Australian Competition and Consumer Commission’s (ACCC) Scamwatch service has received 1289 Bitcoin-relat...

Australia Reminds Cryptocurrency Providers of Impending Legal Obligations

January 16, 2018

f The Australian Transaction Reports and Analysis Centre (AUSTRAC) has released an announcement entitled “Are you a digital currency exchange provider?” The message in the document is that the Anti-Money Laun...

Australia Reminds Cryptocurrency Providers of Impending Legal Obligations

January 16, 2018

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has released an announcement entitled “Are you a digital currency exchange provider?” The message in the document is that the Anti-Money Laund...

Australian Regulators Recognise the Positive Potential of ICOs

September 28, 2017

The Australian Securities and Investment Commission’s (ASIC) today released a guidance paper to help issuers of initial coin offerings (ICOs) consider their legal obligations in the country. While warning inv...

New Zealand FMA Joins ASIC in Warning against Banc De Binary

January 20, 2016

Several months after the Australian Securities and Investments Commission (ASIC) announced that Banc de Binary is an unauthorized service provider and that it recommends retail traders in Australia to avoid i...