Day: October 5, 2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today launches a Call for Evidence (CfE) on the shortening of the settlement cycle. Stakeholders are invited to provide their input by 15 December 2023. The Call for Evidence will help ESMA to assess the costs and benefits of a possible …

ESMA consults on the potential impact of shortening the standard settlement cycle Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a second consultation package under the Markets in Crypto-Assets Regulation (MiCA). Stakeholders are encouraged to provide their feedback to this consultation by 14 December 2023. In the documents published today, ESMA is seeking input on five sets of proposed …

ESMA publishes second consultation on crypto market rules Read More »

Following an ASIC review, Shine Justice Limited (Shine) has significantly improved disclosure of the accounting for unbilled disbursements and disbursement funding interest in its 30 June 2023 financial report to provide clarity and transparency over these matters. Previously, Shine did not disclose either the interest expense on its disbursement funding facility or the interest it …

Shine Justice improves disclosure of unbilled disbursements and disbursements funding interest following ASIC review Read More »

ASIC has banned former insurance adviser John Durant, of Gosford, NSW from providing financial services, controlling an entity that carries on a financial services business, or performing as an officer any function involved in the carrying on of a financial services business for three years, after finding that he is not a fit and proper …

ASIC bans former insurance adviser for three years Read More »