The corporate regulator has said the local operator of the exchange will be prosecuted over a margin trading product, where consumers lost $13 million.
This edition of the Update covers: Recent legal and regulatory developments, including guidance to APRA-regulated entities following the cyber attacks on Medibank and.
ASIC, the corporate regulator, has commenced proceedings in the Federal Court against a crypto fintech company, Block Earner, for allegedly offering…
<p><span>ASIC has commenced civil penalty proceedings in the Federal Court against fintech company Block Earner alleging it provided unlicensed financial services in relation to its crypto-asset based products and that it operated an unregistered managed investment scheme.</span></p>