The Australian government has apparently been working with ASIC on the development of a ‘regulatory sandbox’ for Australian FinTech.
Read moreASIC Commissioner Cathie Armour said, "This is an important next step in Australia’s meeting of the G20 OTC derivatives commitments. The proposed mandatory clearing regime will improve the integrity and stability of Australia’s OTC derivative markets, while ensuring the reforms are implemented in a measured way."
Read moreAustralia's financial markets regulatory authority has continued its conservative stance toward retail FX firms, today issuing a warning regarding unregulated YouTradeFX, and reiterating its activities toward ensuring consumer protection for all customers of FX firms in its jurisdiction
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