#australiansecuritiesandinvestmentscommission — Public Fediverse posts

English – The Conversation | Australia’s biggest stock exchange needs tougher competition, or we all risk paying the price by Helen Bird, Industry Fellow, Corporate Governance & Senior Lecturer, Swinburne Law School, Swinburne University of Technology

Almost every Australian has a stake in how well the Australian Securities Exchange (ASX) works. Most working adults have superannuation savings invested in companies listed on the ASX, which together are valued at more than A$3 trillion.

If you’re among the millions of members of big super funds AustralianSuper and UniSuper, those industry funds are some of the biggest investors in the publicly listed ASX itself. So you could also have a direct stake in the ASX too.

Yet after a decade of costly technology failures, outages and embarrassing mix-ups, an independent report has just found the “ASX is at serious risk of falling further behind without a fundamental reset”.

What the corporate watchdog found

The ASX’s lack of competition

Beyond new tech, investors need to demand change

Read more: https://theconversation.com/australias-biggest-stock-exchange-needs-tougher-competition-or-we-all-risk-paying-the-price-279839

#australiansecuritiesexchange #asx #australiansecuritiesandinvestmentscommission #asic #chess

Hundreds of Aussies tap legal firm over $160m in lost super from Queensland-based Australian Fiduciaries Ltd

Hundreds of Australians have tapped a legal firm to receive compensation after losing $160 million of their super…
#NewsBeep #News #Personalfinance #AFCA #APTStrategy #asic #AU #Australia #AustralianFiduciariesLtd #australiansecuritiesandinvestmentscommission #Business #CompensationSchemeofLastResort #CSLR #Finance #PersonalFinance
https://www.newsbeep.com/au/590749/

Hundreds of Aussies tap legal firm over $160m in lost super from Queensland-based Australian Fiduciaries Ltd

Hundreds of Australians have tapped a legal firm to receive compensation after losing $160 million of their super…
#NewsBeep #News #Personalfinance #AFCA #APTStrategy #asic #AU #Australia #AustralianFiduciariesLtd #australiansecuritiesandinvestmentscommission #Business #CompensationSchemeofLastResort #CSLR #Finance #PersonalFinance
https://www.newsbeep.com/au/590749/

https://www.europesays.com/ie/423998/ Hundreds of Aussies tap legal firm over $160m in lost super from Queensland-based Australian Fiduciaries Ltd #afca #APTStrategy #ASIC #AustralianFiduciariesLtd #AustralianSecuritiesAndInvestmentsCommission #Business #CompensationSchemeOfLastResort #CSLR #Éire #IE #Ireland #PersonalFinance #PersonalFinance

Treasurer asks ASIC to restrict public access to company directors’ home addresses

The Australian Securities and Investments Commission has moved to dramatically restrict public access to the residential addresses of…
#NewsBeep #News #Business #address #asic #AU #Australia #australiansecuritiesandinvestmentscommission #companydirectors #jimchalmers #privacy #restrictions #safety #Treasurer
https://www.newsbeep.com/au/455325/

Watchdog pushes financial literacy to counter AI boom

Australians need to get more financially literate or risk being exploited by an explosion of artificial intelligence scams…
#NewsBeep #News #Artificialintelligence #AI #ArtificialIntelligence #asic #AU #Australia #australiansecuritiesandinvestmentscommission #dataliteracy #existentialrisk #financialliteracy #financialproduct #financialwatchdog #joelongo #MrLongo #Technology
https://www.newsbeep.com/au/439889/

Australia's Financial Watchdog Offers Exemptions to Stablecoin Intermediaries - Australia's Securities and Investments Commission (ASIC) said it plans to exempt stableco... - https://www.coindesk.com/policy/2025/09/18/australian-s-financial-watchdog-offers-exemptions-to-stablecoin-intermediaries #australiansecuritiesandinvestmentscommission #stablecoins #regulation #australia #policy #news

ANZ faces record $240m penalty for ripping off customers and government

ANZ bank faces a record $240 million penalty for engaging in “unconscionable conduct” in some of its bond…
#NewsBeep #News #Business #ANZ #asic #AU #Australia #australiansecuritiesandinvestmentscommission #FederalCourt #hardship #penalty #savingsrates #unconscionableconduct
https://www.newsbeep.com/au/143553/

Binance Australia Derivatives Exchange Sued By ASIC - Australian Securities and Investments Commission has filed a lawsuit against Binance Aust... - https://coingape.com/binance-australia-derivatives-exchange-sued-by-asic/ #australiansecuritiesandinvestmentscommission #24/7cryptocurrencynews #binanceaustralia #binance

Australia Crypto Industry Slams ASIC Digital Asset Regulation Draft Changes - The Australian Securities and Investments Commission (ASIC) released a new consultation p... - https://coingape.com/australia-crypto-industry-slams-asic-digital-asset-regulation-draft-changes/ #australiansecuritiesandinvestmentscommission #24/7cryptocurrencynews #australiacrypto #regulationnews #australia #asic

Australia to require crypto firms to hold financial services licenses - Licensing requirements for crypto exchanges in Australia will be extende... - https://cointelegraph.com/news/australia-crypto-firms-financial-service-license #australiansecuritiesandinvestmentscommission #australianfinancialserviceslicense #cryptoexchange #afslicense #regulation #australia #bitcoin #asic #law

Australian Securities Regulator Nabbed More Than 600 Crypto Investment Scams in a Year - The cypro scams amounted to about 9% of the total fake investment platforms taken down in... - https://www.coindesk.com/policy/2024/08/19/australian-securities-regulator-nabbed-more-than-600-crypto-investment-scams-in-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #australiansecuritiesandinvestmentscommission #regulation #australia #policy #scams #fraud #news #asic

Australia-Based Crypto Lender Sentenced for False Credit License Claims - The Australian securities regulator recently revealed that the crypto lending plat... - https://news.bitcoin.com/australia-based-crypto-lender-sentenced-for-false-credit-license-claims/ #australiansecuritiesandinvestmentscommission(asic) #australiancreditlicence #cryptolender #regulation #sarahcourt #australia #license #helio

ASIC fires industry warning shot as it sues BPS Financial over crypto promo

https://cointelegraph.com/news/asic-fires-industry-warning-shot-as-it-sues-bps-financial-over-crypto-promo

#AustralianSecuritiesandInvestmentsCommission #BPSFinancialPtyLtd #FederalCourt #cryptoasset #cryptotoken #Qoiproject #ASIC #Qoin

Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup - The Australian Securities and Investments Commission (ASIC) recently prevailed in ... - https://news.bitcoin.com/australian-court-sides-with-asic-in-a-case-pitting-the-regulator-against-a-crypto-startup/ #australiansecuritiesandinvestmentscommission(asic) #investmentscheme #cryptocurrency #cryptolicence #crypto #legal #asic

Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider - Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposi... - https://news.bitcoin.com/binance-halts-deposits-and-possibly-withdrawals-for-aussie-users-after-being-cut-off-by-australian-payment-service-provider/ #australiansecuritiesandinvestmentscommission(asic) #australianpaymentsplus #paymentserviceprovider #binanceaustralia

ASIC Charges BitConnect Promoter For Offering Unlicensed Advice - On Monday, July 15, the Australian Securities and Investments Commission (ASIC) announced... - https://coingape.com/australia-asic-charges-bitconnect-promoter-for-offering-unlicensed-advice/ #australiansecuritiesandinvestmentscommission #24/7cryptocurrencynews #regulationnews #johnbigatton #bitconnect #asic

Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’ - The Australian Securities and Investments Commission (ASIC) has filed a lawsuit ag... - https://news.bitcoin.com/australian-regulator-sues-etoro-to-protect-consumers-from-high-risk-cfd-products/ #australiansecuritiesandinvestmentscommission(asic) #contractfordifference(cfd)product #consumerprotection #sarahcourt #etorocfd #legal

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only - Regulation through enforcement often yields suboptimal outcomes for all stakeholde... - https://news.bitcoin.com/block-earner-co-founder-lack-of-regulation-limits-australian-crypto-market-to-token-sales-only/ #australiansecuritiesandinvestmentscommission(asic) #cryptocurrencyaustralia #cryptoregulation #cryptocurrency #blockearner #interview

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms - The Australian Securities Regulator has launched civil proceedings against three c... - https://news.bitcoin.com/australian-regulator-initiates-civil-proceedings-against-three-cryptocurrency-investment-firms/ #australiansecuritiesandinvestmentscommission(asic) #cryptocurrencyinvestment #cryptomining #regulation

Binance Feels Strain of World’s Regulators Leaping Into Action - Australian officials directly sought out current and former employees of Binance’s operat... - https://www.coindesk.com/policy/2023/07/07/binance-feels-strain-of-worlds-regulators-leaping-into-action/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #australiansecuritiesandinvestmentscommission #commodityfuturestradingcommission #securitiesandexchangecommission #news_analysis #binance.us #regulaion #analysis

Binance Australia’s Offices Searched by Financial Regulator: Bloomberg - The company, also under investigation in the U.S. and France, ceased its Australian deriv... - https://www.coindesk.com/policy/2023/07/05/binance-australias-offices-searched-by-financial-regulator-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #australiansecuritiesandinvestmentscommission #regulations #australia #binance #policy #news

Aussie regulator flagged concerns about FTX months before collapse: Report - Australia’s financial regulator raised concerns about FTX's Austr... - https://cointelegraph.com/news/aussie-regulator-flagged-concerns-about-ftx-months-before-collapse-report #australiansecuritiesandinvestmentscommission #cryptoexchange #australia #asic #ftx

Australia-Based Crypto Lender Sentenced for False Credit License Claims - The Australian securities regulator recently revealed that the crypto lending plat... - https://news.bitcoin.com/australia-based-crypto-lender-sentenced-for-false-credit-license-claims/ #australiansecuritiesandinvestmentscommission(asic) #australiancreditlicence #cryptolender #regulation #sarahcourt #australia #license #helio

Australia-Based Crypto Lender Sentenced for False Credit License Claims - The Australian securities regulator recently revealed that the crypto lending plat... - https://news.bitcoin.com/australia-based-crypto-lender-sentenced-for-false-credit-license-claims/ #australiansecuritiesandinvestmentscommission(asic) #australiancreditlicence #cryptolender #regulation #sarahcourt #australia #license #helio

Australia-Based Crypto Lender Sentenced for False Credit License Claims - The Australian securities regulator recently revealed that the crypto lending plat... - https://news.bitcoin.com/australia-based-crypto-lender-sentenced-for-false-credit-license-claims/ #australiansecuritiesandinvestmentscommission(asic) #australiancreditlicence #cryptolender #regulation #sarahcourt #australia #license #helio

Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’ - The Australian Securities and Investments Commission (ASIC) has filed a lawsuit ag... - https://news.bitcoin.com/australian-regulator-sues-etoro-to-protect-consumers-from-high-risk-cfd-products/ #australiansecuritiesandinvestmentscommission(asic) #contractfordifference(cfd)product #consumerprotection #sarahcourt #etorocfd #legal

Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’ - The Australian Securities and Investments Commission (ASIC) has filed a lawsuit ag... - https://news.bitcoin.com/australian-regulator-sues-etoro-to-protect-consumers-from-high-risk-cfd-products/ #australiansecuritiesandinvestmentscommission(asic) #contractfordifference(cfd)product #consumerprotection #sarahcourt #etorocfd #legal

Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’ - The Australian Securities and Investments Commission (ASIC) has filed a lawsuit ag... - https://news.bitcoin.com/australian-regulator-sues-etoro-to-protect-consumers-from-high-risk-cfd-products/ #australiansecuritiesandinvestmentscommission(asic) #contractfordifference(cfd)product #consumerprotection #sarahcourt #etorocfd #legal