After years of lobbying from the startup sector, retail – or mum and dad – investors now have access to equity crowdfunding opportunities through the seven intermediaries this week granted licenses by ASIC.
ASIC has announced a deal with the China Securities Regulatory Commission to promote innovation in financial services in their respective markets.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
ASIC has announced it will be opening applications for CSF licences, allowing eligible public companies to sell shares through a licensed intermediary.
ASIC has signed an agreement with the United Arab Emirates’ ADGM FSRA, which outlines how both nations will collaborate to support fintech startups.
The agreement will allow the SFC and ASIC to refer fintechs to each other for advice and support via ASIC’s Innovation Hub and the SFC’s Fintech Contact Point.
The UK DIT is partnering with the ACC to send five Aussie fintech startups to the UK to participate in the inaugural British Australian Fintech Forum.
First announced by Scott Morrison in May, ASIC has launched its ‘regulatory sandbox’ for fintechs looking to test new financial products and services.
This week ASX and ASIC have launched a new cyber health check for Australia’s top 100 listed companies. The voluntary survey, an initiative promised in the government’s $230 million cyber security strategy, aims to improve the cyber security defences of Australia’s largest companies.
ASIC has signed an agreement with the Ontario Securities Commission in Canada that will allow fintech companies greater support when looking to enter and operate in the other’s market.
EY Sweeney and FinTech Australia have today revealed the results of its 2016 Census report on the Australian fintech landscape. The report is the most detailed and comprehensive analysis of Australia’s fintech ecosystem to date and reveals important recommendations to be considered by startups, community and government on how to take advantage of Australia’s unique global position to further grow the sector.
The Australian Securities and Investment Commission (ASIC) has released its corporate plan for 2016-17 through to 2019-20, highlighting the role of innovation in both helping it achieve its various objectives and the challenges technology may pose.
H2 Ventures has announced Australia’s first listed fintech investment company, H2Ocean to expose investors to diverse portfolios and increase funding for early stage fintech startups. H2Ocean is seeking to raise a minimum of $27 million and a maximum of $55 million to provide a permanent and stable pool of capital for long-term investment opportunities.
ASIC has released a consultation paper on proposed regulatory sandbox licensing exemption to further facilitate fintech innovation. The proposal follows on from ASIC’s announcement last month to provide additional steps to assist early stage fintech startup companies navigate through regulatory framework.
The Australian Securities and Investments Commission (ASIC) has announced it is set to release a public consultation paper on a proposed regulatory sandbox licensing exemption next month.