Wednesday, 1 February 2017
Australia’s regulator, ASIC, is soon to receive a serious weapons upgrade that will go far beyond the old tools of product disclosure statement stop-orders and misleading or deceptive conduct remedies (although as noted above, these powers would have been more than adequate to stop the testimonial-style advertisement we described at the beginning of this article).
Wednesday, 25 January 2017
What do the US, Quebec, Turkey, Belgium, France, UK, Hong Kong, Japan, Cyprus, and now Australia, have in common? They all have existing or proposed product intervention-style powers to restrict the offering of various types of OTC derivatives to the public.
Thursday, 3 November 2016
This is the second blog in a three part series on derivative trade reporting (DTR) and will examine different ways entities can comply with the DTR Rules. The first blog in the series recapped the key concepts and dates under the DTR regime. Our final blog in the series will look at ASIC’s new enforcement powers to deal with non-compliance.