ASIC Holiday Closure
12 December 2018
ASIC offices will be closed from 5.00pm on Monday 24 December 2018 to 8.00am on Wednesday 2 January 2019. During this time requests for informal assistance will not be processed. You can also expect that early in January responding to requests for assistance will take a little longer than usual.
We encourage businesses who have any informal assistance requests or notifications related to the fintech licensing exemption to be sent to the Innovation Hub by Monday 17 December 2018 in order to be considered before the shutdown period.
Financial regulation in a digital world
12 November 2018
A speech by John Price, ASIC Commissioner, at the Monash Centre For Commercial Law and Regulatory Studies Symposium, (Melbourne, Australia) 12 November 2018.
CFTC and ASIC sign FinTech Cooperation Arrangement
5 October 2018
The US Commodity Futures Trading Commission and the ASIC have signed an arrangement to cooperate and support innovation through each other’s financial technology initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub.
Luxembourg and Australia enter agreement on fintech and regtech
4 October 2018
The Luxembourg Commission de Surveillance du Secteur Financier and the Australian Securities and Investments Commission have signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction.
Consultation on the proposed establishment of a Global Financial Innovation Network
8 August 2018
ASIC is, in collaboration with 11 international financial regulators, and related organisations, consulting on the proposed creation of the Global Financial Innovation Network (GFIN).
#Accelerate Regtech 2018: The role of the regulator
3 May 2018
Keynote address by John Price, Commissioner, Australian Securities and Investments Commission, Accelerate Regtech 2018 (Sydney, Australia), 3 May 2018.
ASIC takes action on misleading or deceptive conduct in ICOs
1 May 2018
ASIC is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). These offers can involve significant risks for investors that are often not disclosed or well understood.
ASIC update: Initial coin offerings and cryptocurrency
26 April 2018
A speech by John Price, Commissioner, Australian Securities and Investments Commission, Tyro FinTech Hub – Events Space, (Sydney, Australia).
British and Australian regulators strengthen cooperation on fintech through Enhanced Cooperation Agreement
23 March 2018
The United Kingdom's Financial Conduct Authority ('FCA') and ASIC have signed an Enhanced Cooperation Agreement between their Innovation Hubs to extend their existing agreement of cooperation and coordination on fintech innovation. This agreement forms part of the broader Fintech Bridge signed by the UK Chancellor of the Exchequer and the Australian Treasurer.
Mark Adams, ASIC Senior Executive Leader, Strategic Intelligence signing the agreement with Christopher Woolard, FCA’s Executive Director of Strategy and Competition
ASIC releases tender for Natural Language Processing Trials
23 February 2018
ASIC has released a tender for Natural Language Processing Trials via AusTender - ATM ID ASIC CPX65.
The tender is for provision of pilots of Natural Language Processing technologies, including approaches to common supervisory scenarios encountered by ASIC with a view to providing natural language processing technologies solutions.
For more details, please go to AusTender and download the tender documents. You can search the tender by either the ATM ID or Keyword.
The tender will be closed at 9:00 am, 19 March 2018.
If you have any questions in relation to this Tender, please email Tenders@asic.gov.au.
ASIC licenses first crowd-sourced funding intermediaries
11 January 2018
ASIC has licensed the first crowd-sourced funding (CSF) intermediaries under the new CSF regime.
Seven companies have been issued with Australian Financial Services (AFS) licence authorisations to act as intermediaries able to provide a crowd-sourced funding service. With the grant of these new authorisations eligible public companies will now be able to use the CSF regime to raise capital by making offers of ordinary shares to investors via the on-line platform of one of these intermediaries.
For older news, visit the Innovation Hub news archive.