The Australian Securities & Investments Commission (ASIC) has announced a new regulation for foreign financial service providers (FFSP) in Australia.
Australian Financial Complaints Authority supports the proposal for the new Australian compensation scheme. New scheme will apply to all financial services.
New ASIC enforcement regulations toughen up as indicated in the comments made by John Price, the commissioner ASIC.
Australia CFD and FX Forum bid has led the way for better client funds safety and consumer protection by already segregating funds and instituting voluntary