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.
A period-normalised comparison of CIRO member-event filings distinguishes a higher reporting-system run rate from proof of more offences, complaints or customer losses.
A close reading of the NSW Supreme Court judgment separates the 2009–2024 reporting-error period from contraventions starting in May 2019, and reconstructs why reconciliation and trade-replay controls failed.
The UK supervisor cancelled Cyber Quote and Adelphi Special Risks authorisations, citing failures to submit returns, answer regulatory requests and demonstrate suitable management.
Responsible directors hold master access to Brazil’s new intermediary system. Existing delegations must be recreated, while registration-update and annual confirmation duties continue.
The draft clarifies AFCA’s reports to regulators and its interaction with firms. Existing scrutiny of systemic problems and settled complaints remains part of the framework.
Circular C810 alerts investment firms, cryptoasset providers and fund-sector firms to the new regulation. The operative text defines data formats and acceptance checks, with specific treatment for existing registrations.
Gentek.ai’s integration lets compliance teams investigate requirements alongside their trading information. The practical scope depends on the TS Imagine modules and controls in use.
Supervisory visits found weaknesses despite automated monitoring at every firm. The findings put alert calibration, investigation decisions and management oversight under scrutiny.