The companies, products and regulatory developments shaping the broker industry.
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 firm’s 5 November launch and the regulator’s public register show the difference between a digital-asset advisory permission and unrestricted banking or exchange services.
The ADGM approval belongs to a specified fund-management subsidiary and must not be confused with a licence for all Animoca group crypto or brokerage activities.
The consultation would extend existing relief to 1 October 2027 and accommodate some Australian staff supporting offshore institutional services. Responses close at 5pm AEDT on 4 December.
The Reserve Bank registered Revolut Bank New Zealand on 3 November, extending a local presence that began in 2023. Registration is separate from the timing of new product launches.
The regulator says existing Australian financial-services obligations still apply where licensees facilitate access; the statement itself is not a blanket new prohibition.
The company names IUX Mena Financial Consultation L.L.C. as the licence holder. Its release does not specify the authorised activities or establish group-wide retail dealing permission.
The FSA has confirmed the application withdrawal and the earlier end of retail and institutional services. Its notice concerns Stratos Tech; separate Tradu securities entity Stratos Systems remains in the capital-markets register.
CP26/36 explains why a software interface alone is insufficient and preserves separate financial-promotion and AML obligations ahead of the October 2027 regime.
VARA’s register names the Dubai entity, its 20 October licence date and three eligible client categories. The entry lists Exchange Services as its permitted activity.
The FSCA’s October action stops further financial services and new client funds while the investigation and the firm’s opportunity to respond continue.
The licensing extension gives Cboe a long product horizon, while the 2027 royalty reset changes its cost base. Recent SPX volume shows the scale of the franchise; future volume, product mix and pricing will determine how much of the increase is offset.
Draft standards reach custody, settlement, capital and licensing. ASIC’s own current pages differ by one day on when the new statutory regime starts.