By Mike On Wednesday,
ASIC rejection Retail Forex broker applications.
The securities commission and exchange of Australia has a reputation as one of the strongest financial regulator. ASIC confirmed that they rejected the three applications for new licenses in the distribution of received in the first six months of the year monetary sector.
Australia’s financial regulator ASIC published an updated report on license applications during the first half of 2015, and contained more bad news for the sector of retail forex. ASIC The securities commission and exchange of Australia confirmed it had rejected the three new license applications in the retail sector of the currency received during the first six months of the year.
That ASIC releases about Licensing liaison meetings :
ASIC is also organising meetings in Sydney on Monday 26 October 2015 and Melbourne on Tuesday, 27 October 2015. Licensing will also become a topic for discussion at ASIC’s regional liaison meetings in Adelaide, Brisbane, Hobart and Perth. We will be publishing an agenda for these meetings on our website and invitations will be sent out to our targeted audience of advisers and service providers shortly. About ASIC rejection Retail Forex broker applications Mr Kell said, ‘We encourage people to attend as the meetings will provide insights into ASIC’s regulatory approach to its licensing and professional registration responsibilities. They will cover current topics relevant to the application for a licence and professional registration process.