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BITNUX

Name: BITNUX Address: 4 Deer Park Avenue, Livingston, Scotland, UNITED KINGDOM, EH54 8AF Email: [email protected] Website: https://bitnux.org/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the...

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MiFIR review: ESMA consults on three new technical standards

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching today a public consultation on non-equity trade transparency, reasonable commercial basis (RCB) and reference data under the Markets in Financial Instruments Regulation (MiFIR) review. ESMA’s proposals aim at enhancing the information available to stakeholders by improving, simplifying and further...

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Castle and Crystal Credit Union enters administration

Castle and Crystal Credit Union Limited was placed into administration on 21 May 2024 and has now stopped trading. James Sleight and Peter Hart of PKF Littlejohn Advisory have been appointed as Joint Administrators. Castle and Crystal Credit Union is a financial co-operative owned by its members. It is regulated by the Prudential Regulation Authority...

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MiFIR review: ESMA consults on three new technical standards

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching today a public consultation on non-equity trade transparency, reasonable commercial basis (RCB) and reference data under the Markets in Financial Instruments Regulation (MiFIR) review. ESMA’s proposals aim at enhancing the information available to stakeholders by improving, simplifying and further...

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LPI Australia restates 2022 accounts following concerns raised by ASIC

LPI (Australia) Holdings Pty Limited (LPI Australia) has lodged its financial report for the year ended 31 December 2023 with restated FY22 comparative figures. This follows a review by ASIC as part of its proactive surveillance program to improve financial reporting quality. LPI Australia is a large proprietary company, which is required to prepare and...

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ASIC cancels Everest Asset Management’s AFS licence

ASIC has cancelled the Australian financial services (AFS) licence of Everest Asset Management Pty Ltd (Everest). Everest’s licence was cancelled because Everest failed to prepare and lodge the required financial statements and auditor opinions with ASIC. ASIC also found that Everest is likely to contravene its obligations as an AFS licensee in the future. Under...

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Select Committee on Adopting Artificial Intelligence, 21 May 2024

I am pleased to appear before the Committee today and to provide this short opening statement. My name is Joseph Longo and I am the Chair of ASIC. I am joined by Executive Director of Markets, Calissa Aldridge and our Digital and Legal Transformation Lead, Graham Jefferson. ASIC is supportive of the safe and responsible...

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Aiming for calm seas in our market reforms

Highlights We are committed to making sure that regulation supports the UK’s position in global wholesale markets as well as facilitating the UK’s economic growth and international competitiveness. Our outcomes based approach will continue to support innovation, helping our markets remain efficient. We welcome views and engagement on our reform agenda and the way we...

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ASIC disqualifies QLD director for maximum five years

ASIC has disqualified Laurence Christopher Pereira of Mount Tamborine, Queensland, from managing corporations for the maximum period of five years due a serious level of misconduct that demonstrated behaviours well below the standard expected of Australian company directors. Between May 2001 and May 2023 Mr Pereira was the director or officer of four companies that...

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ASIC report: Australians need better hardship support from their lenders

Some home loan lenders have made accessing financial assistance so difficult that more than one in three (35%) Australians dropped out of the application process at least once, according to a new ASIC report. The report, Hardship, hard to get help: Lenders fall short in financial hardship support (REP 783) outlines findings from ASIC’s review...