October 10, 2017 BY Valentina Kirilova
Client money reporting rules for FX brokers to take effect in Australia in April 2018
ASIC announced that it has released the finalised ASIC Client Money Reporting Rules 2017 (client money rules) which, from 4 April 2018, will impose record-keeping, reconciliation and reporting obligations on Australian financial services (AFS) licensees that hold 'derivative retail client money' within the meaning of the Corporations Act, unless the client money relates to a…
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