June 22, 2018 BY Valentina Kirilova

ASIC enhances its enforcement toolkit beyond Australia’s borders

Australian regulator ASIC has announced that it has become one of the first signatories to the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU), an enhanced standard for cross-border enforcement cooperation. By signing the EMMoU, ASIC has highlighted its power to assist foreign regulators by compelling physical…

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