The companies, products and regulatory developments shaping the broker industry.
A reconstruction of ASIC’s 52-firm review establishes a minimum breadth of reform across five control areas. At least 11 issuers must have changed all five, but the report does not identify them or measure resulting client benefits.
The group has a new locally licensed securities and OTC-derivatives entity in Singapore; a regulatory permission and an operational client launch remain different milestones.
The regulator’s October circular brings customer verification and group controls into firms’ preparation work while Commission adoption of the technical standards remains pending.
The revised circular sets conditions for Swiss e-ID and other digital identification methods. A one-year technical transition applies specifically to the qualified-electronic-signature process.