ASIC Commissioner Simone Constant addressed investor relations professionals at the 2024 AIRA Annual Conference regarding compliance with regulatory changes affecting listed entities bit.ly/4dXktzD

ASIC and Human Technology Institute hosted the ASIC x UTS AI Regulators Symposium last week, bringing together experts from academia, business, industry, and government for a critical conversation on how #AI is changing #regulation and the way regulators go about their work.

ASIC is launching a new streamlined Professional Registers Search (PRS). Releasing in late June 2024, the PRS allows users to review and search all of the professional registers databases with just one search bit.ly/44XLRcS

Daniel Ali, former director of unlicensed foreign exchange business DanFX Trade, has been sentenced to seven years and three months imprisonment for fraud following an ASIC investigation bit.ly/3R1YRsh

The Federal Court has found Cigno Australia and BSF Solutions engaged in unlicensed #credit activity and charged prohibited fees, with directors Mark Swanepoel and Brenton Harrison also involved in the unlicensed activity and other Credit Act breaches bit.ly/3VgUqwg

Commissioner Alan Kirkland addressed the Australian Finance Industry Association Risk Summit this week, outlining how we are working to support better outcomes for consumers amidst threats and harms arising from global trends in our #regulatory environment bit.ly/3VmjDFD

Save the date: We invite representatives from #credit , #banking , #insurance and #superannuation to join our virtual workshop exploring experiences and best practices for servicing #FirstNations communities with a focus on culture, community and engagement bit.ly/44VdeV1

We have made interim stop orders preventing Trademax Australia from opening trading accounts or dealing in contracts for difference ( #CFDs ) or margin foreign exchange contracts to retail investors bit.ly/3UKL4Hu

ASIC has released an information sheet for financial advisers and Australian financial services licensees about the experienced provider pathway bit.ly/4dSRr4k

The National Anti-Scam Centre and @ASICMedia co-led a fusion cell targeting investment scams. Watch Catriona Lowe – Deputy Chair of the ACCC, explain how fusion cells work and the positive outcomes from the Investment Scam Fusion Cell.

Co-leading the first NASC NASC Scamwatch fusion cell with the ACCC, we delivered a process to take down scam advertisements, divert calls to confirmed scam numbers, and took down over 5,000 scam websites. Read the full report asic.gov.au/about-asic/new…

ASIC Chair Joe Longo and senior leaders appeared before the Senate Select Committee on artificial intelligence on 21 May, outlining ASIC's approach to #AI and our engagement with industry, other agencies and international peers bit.ly/3QU2255

ASIC Chair Joe Longo joined Sky News Australia this morning to discuss today’s report into major lenders’ responses to customers in financial #hardship . Watch the full clip skynews.com.au/australia-news…

Released today, our review of 10 major home loan lenders found some ignored #hardship notices, effectively abandoning customers who needed their support asic.gov.au/about-asic/new…

John Biggaton has pleaded guilty to providing unlicensed financial advice while promoting BitConnect, a financial services business and #crypto platform asic.gov.au/about-asic/new…

ASIC has outlined an expanded program of work to enhance the integrity and quality of #financialreporting and #auditing in Australia in achieving the broader goal of confident and informed investors bit.ly/3wEAZDZ

ASIC welcomes Ministerial determination to progress competition in clearing and settlement reforms bit.ly/3UGDoGb

We have published a new information sheet outlining how financial services laws apply to unlicensed entities referring consumers to a third party for the provision of financial advice bit.ly/3K2Vnlh

ASIC Commissioner Alan Kirkland addressed Law Council’s Consumer Rights Forum, outlining ASIC’s approach to misconduct relating to used car financing bit.ly/3UzH508

Metal Alpha director Brett Paul Trevillian has pleaded guilty to forging portfolio performance verification reports when he was the investment manager of AlphaThorn, falsely verifying or claiming a history of investment returns bit.ly/4dBSlBS