Tag: Australian Securities and Investments Commission

First director faces court over ATO ID scheme breach

Posted on   |  by Justin Hendry
Australia’s corporate watchdog has launched first-of-its-kind legal action against an unnamed company director for allegedly failing to sign up to the federal government’s compulsory director ID program. The director,...

ASIC seeks new RegTech resources

Posted on   |  by James Riley
Ahead of next week’s budget, Australian Securities and Investments Commission (ASIC) commissioner John Price has suggested that in order for it to effectively regulate Australia’s emerging RegTech and FinTech...

Australia, China: new FinTech BFFs

Posted on   |  by James Riley
Financial services industry regulators in Australia and China have signed an information sharing agreement that aims to “promote innovation in financial services in their respective markets”. The Australian Securities...

Medcraft warns on cyber black swan

Posted on   |  by James Riley
Cyber security will likely trigger corporate Australia’s next big black swan event according to outgoing ASIC chairman, Greg Medcraft. It’s a key risk that the Australian Securities and Investment...

ASIC fires cyber warning shots

Posted on   |  by Stuart Kennedy
ASIC Commissioner John Price has read the riot act, albeit civilly, to both companies and insurers over the need for boards of the former to get their cyber resilience...

Medcraft on ethics and algorithms

Posted on   |  by James Riley
Businesses and government must be held accountable for their use of computer algorithms and big data and transparency should be the first priority, ASIC chairman Greg Medcraft said. Addressing...