Regulation and incorporation News
FINRA Reminds Firms on Continuing Education Compliance
FINRA has issued a reminder regarding the completion of continuing education requirements for registered representatives, emphasizing the annual Regulatory Element and firms' obligation to maintain a Firm Element program.
ASIC Suspends GFA Capital Markets CFD Broker License
FX News Group reports that ASIC has suspended the license of CFDs broker GFA Capital Markets due to various failures in client money handling, reporting, and compliance.
ASIC Suspends GFA Capital Markets CFD License for Five Months
Finance Magnates reports that ASIC has suspended GFA Capital Markets' CFD license for five months due to deficiencies in client money handling, derivative transaction reporting, and compliance arrangements, according to a decision published by the regulator.
FCA Scraps Seven-Day IPO Prospectus Wait
FinanceFeeds reports that the FCA has eliminated the seven-day waiting period between publishing an approved IPO prospectus and releasing related research, aiming to boost the UK's attractiveness for company listings.
FCA Transaction Reporting Overhaul Promises £100m Annual Savings
LeapRate reports that the UK's Financial Conduct Authority (FCA) has introduced new regulations to streamline transaction reporting, anticipating annual savings of over £100 million for the industry.
FINRA API Now Offers Structured Products Aggregate Reports
FINRA announced the availability of its Structured Products Aggregate Reports through the FINRA API Platform, allowing for the programmatic integration of market activity data.
FCA Simplifies Transaction Reporting Rules for Firms
The FCA has announced new regulations to make transaction reporting more efficient and proportionate, as reported by the source.
FCA to Exclude FX Derivatives From Transaction Reporting
FX News Group reports that the UK Financial Conduct Authority (FCA) has announced new regulations to streamline and simplify transaction reporting requirements, specifically removing FX derivatives from their scope.
CySEC Ruling: Perpetual Futures May Be Classified as CFDs
Cyprus-regulated brokers received a notice from CySEC on June 10 informing them that perpetual futures and similar leveraged products could be classified under Spain's rules for contracts for difference, prompting questions about compliance actions.
ASIC Targets Offshore Firms in A$1.1B Super Collapse Case
Finance Magnates reports that ASIC has asked the Federal Court to prevent Royce Capital Investments and three other entities from selling financial products in Australia, extending an enforcement action related to a A$1.1 billion superannuation collapse that affected about 11,000 investors.
ASIC seeks court orders against Royce Capital entities
ASIC is reportedly pursuing restraining orders in the Federal Court against Royce Capital Investments, Royce (Aust) Real Estate, Louie Kortesis, and Paul Chiodo.
FCA Revokes Monarch Sterling Limited's Regulatory Permission
The FCA has reportedly revoked Monarch Sterling Limited's authorization to conduct regulated operations, according to FX News Group.
SEC Proposes New E-Delivery Rules for Investor Information
The Securities and Exchange Commission (SEC) has unveiled a new proposal, Regulation E-Delivery, aimed at broadening electronic delivery options for various financial entities to distribute information to investors, according to the official announcement.
FINMA revokes SFM license, rejects BZ application over rule breaches
FINMA reports that it concluded enforcement proceedings against Swiss Fund Management AG and BZ Berater Zentrum AG due to serious rule breaches, resulting in the withdrawal of SFM's license, rejection of BZ's authorization application, confiscation of millions in profits, and a multi-year industry ban for an individual.
FINMA backs Swiss financial regulation optimisation working group
FINMA reportedly welcomes the Federal Department of Finance's establishment of a working group tasked with optimizing Switzerland's financial market regulation, offering its experience and expertise to support the initiative.
FINMA Replaces Liquidity Circular with New Ordinance
FINMA announces it will replace its existing circular on liquidity risks for banks and securities firms with a new ordinance, effective January 1, 2027, fulfilling a regulatory format compliance requirement and incorporating minor substantive changes based on public consultation.
FINMA issues quantum computing guidance for Swiss financial sector
FINMA has issued guidance on quantum computing, following a survey of Swiss financial institutions, to address cyber risks and guide the migration to quantum-safe encryption.
FCA Warns Consumers Against Unauthorised Firm Cryptex Markets
The FCA issued a warning against CRYPTEX MARKETS, stating the firm provides or promotes financial services without authorization, advising consumers to avoid dealing with them and be aware of potential scams.
FCA's Mills Review: AI's Transformative Impact on Retail Finance
The FCA has published the "Mills Review," a landmark report examining the impact of AI on retail financial services by 2030, which identifies opportunities and risks while outlining seven recommendations for the regulator to consider.
FCA Announces Eldens Finance Limited Enters Administration
The FCA released a notice reporting that Eldens Finance Limited, a pawnbroking firm, has entered administration as of July 6, 2026, with Antony Batty and Hugh Jesseman appointed as Joint Administrators to manage the company's wind-down.
FCA Mandates UK Banks Improve Basic Account Access
The FCA indicates that nine major UK banks and building societies have committed to improving access to basic bank accounts after a mystery shopping exercise revealed inadequate practices, with the firms agreeing to individual improvement plans to better serve vulnerable customers.
FCA Deputy Chief: Data, Tech Drive Growth, Risk, Trust
Sarah Pritchard, Deputy Chief Executive at the FCA, delivered a speech emphasizing the regulator's commitment to leveraging data and technology for efficiency, fostering a fair and thriving financial market, and promoting transparency to build trust.
FCA Adds Two Members to Secondary Markets Advisory Committee
The Financial Conduct Authority (FCA) has announced the appointment of new members to its Secondary Markets Advisory Committee for the period of July 2026 to July 2028, increasing the committee size from 25 to 27 members.
FCA Charges Solicitor with Five Counts of Insider Dealing
The Financial Conduct Authority (FCA) reports that it has charged an individual with five counts of insider dealing related to an acquisition of Seraphine Group PLC.
FCA's First Year: Tackling Illegal Promotions & Market Abuse
The FCA reported on the first year of its new strategy, highlighting efforts to combat illegal promotions, market abuse, and financial crime, while also protecting consumers and strengthening consumer protection through initiatives like Firm Checker and mortgage reforms.
FCA flags progress and gaps in Consumer Duty product design
The Financial Conduct Authority (FCA) has published findings from its review on how firms are designing and monitoring products and services under the Consumer Duty, noting progress in some areas but also highlighting a need for further improvement.
FCA, BoE, PRA to Oversee Critical Third Parties from July 2026
The FCA reports that UK financial regulators, including the Bank of England and the PRA, will commence oversight of Critical Third Parties (CTPs) starting Monday, July 13, 2026, to strengthen resilience and reduce widespread disruption risks for the UK financial system.
Logbook Lending Limited Enters Administration, FCA Oversees
Logbook Lending Limited, which offered loans secured on vehicles and pawnbroking services, has entered administration, with the FCA confirming it continues to oversee the firm and Joint Administrators to ensure fair customer treatment.
FCA Logo Featured at Financial Conduct Authority Head Office
The Financial Conduct Authority's website displays a photo of its logo within its Head Office.
Enigmatig: NYSE-Listed Firm Simplifies Global Expansion
Enigmatig, a company listed on NYSE, specializes in cross-border business enablement, offering infrastructure, expertise, and insights to help businesses expand internationally with confidence since 2010, headquartered in Singapore with a global presence across 8 markets.
FATF June 2026 Update: Bosnia, Iraq Added to Grey List
Deneo Partners reports on the Financial Action Task Force's updated public statements from June 2026, which include changes to the Grey List with Bosnia and Herzegovina and Iraq added, and Algeria and Namibia removed, while the Black List saw no changes.
EU AML Authority in Frankfurt: ComplianceSuite Explains Supervision
The Anti-Money Laundering Authority (AMLA) is establishing its operations in Frankfurt, with direct supervision of the first 40 high-risk credit and financial institutions slated to begin in January 2028. This article outlines AMLA's structure, including direct and indirect supervision, FIU support, and rule-making functions. It also details the selection criteria for entities subject to direct supervision, focusing on cross-border footprint, inherent ML/TF risk, and systemic relevance.
UK Lawmakers Seek Permanent Crypto Donation Ban Following…
UK lawmakers are proposing a permanent ban on cryptocurrency donations to political parties and election candidates, citing unacceptable risks to the integrity of Britain's electoral system. This proposal, New Clause 34 to the Representation of the People Bill, aims to replace a temporary moratorium with a permanent prohibition on crypto political donations. If adopted, it would deem crypto asset donations impermissible under UK election law.
BoE, PRA and FCA to begin overseeing Critical Third Parties
The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) are set to begin regulating critical third parties. This move marks a new phase in their oversight responsibilities within the financial sector. These regulatory bodies will now supervise entities deemed critical to the functioning of financial services.
Ten Days to the GENIUS Act Deadline: What the Draft Rules Already Reveal
With ten days remaining until the deadline, federal agencies are preparing to publish the implementing rules for the GENIUS Act, which will impact stablecoin issuers. While the full rulebook is not yet available, draft proposals from seven agencies indicate upcoming changes in capital, liquidity, reserve standards, and compliance obligations. These new regulations are expected to introduce a more stringent federal stablecoin regime.
Italy’s CONSOB orders blocking of access to websites of six unauthorized investment firms
Italy's CONSOB has ordered the blocking of six unauthorized investment firms' websites. This action targets entities operating without proper authorization within the investment sector. The move underscores CONSOB's commitment to regulating the financial market.
SEC Publishes Updated Market Statistics, Highlighting Increase in IPOs and Proceeds Raised
The SEC's Division of Economic and Risk Analysis (DERA) has released updated market statistics and data visualizations for the U.S. capital markets. The update includes new information on asset-backed securities (ABS) issuance. This publication highlights an increase in IPOs and proceeds raised.
ASIC proposes to remake relief related to exchange-traded derivatives and securities
ASIC is seeking feedback on its proposal to remake four legislative instruments related to exchange-traded derivatives and securities. These instruments are considered effective and necessary parts of the legislative framework. ASIC plans to remake them for another five years with minor adjustments.
Simplification update: email lodgement now enabled for almost all paper forms
ASIC has expanded its email lodgement capabilities for paper forms, now covering 97% of all such forms. This initiative is part of ASIC's simplification agenda to reduce administrative burdens and modernize interactions. Customers can now lodge a wider range of forms via email, potentially leading to faster processing times.
Productivity is a team sport: ASIC’s contribution from in goals
ASIC is actively contributing to Australia's productivity growth through several initiatives. These include simplifying regulations, promoting innovation, and supporting law reform efforts. The goal is to enhance the quality of regulation and reduce regulatory burdens while maintaining consumer protections.
ASIC extends no-action position for digital asset businesses to 30 September 2026
ASIC has extended its no-action position for digital asset businesses until September 30, 2026, giving them more time to apply for or vary an Australian Financial Services (AFS) licence. The scope of this position has also been broadened to include businesses operating under authorized representative or intermediary authorization arrangements with an AFS licence holder. This decision provides an orderly path for licensing while maintaining investor protection and market integrity, and reflects ASIC's pragmatic response to industry transition challenges.
Property developer David McWilliams charged over $10 million fraud scheme
Property developer David McWilliams has been charged with an alleged $10 million fraud scheme where investor funds, meant for disability housing, were misused for personal gain. The charges follow an investigation by ASIC, uncovering that funds were spent on high-risk investments, cryptocurrency, and luxury items. Mr. McWilliams faces up to 20 years imprisonment if found guilty of the 13 criminal charges.
ASIC lifts bonnet on car finance costs and distribution concerns
ASIC has identified significant concerns within the car finance industry, particularly regarding third-party distributor arrangements, sales practices, and consumer outcome monitoring. A review of over 350,000 loans revealed shortcomings in lenders' oversight of brokers and car dealers, exposing consumers to potential harm. ASIC released Report 832, highlighting varying costs and substantial fees associated with car loans, and emphasized that lenders are responsible for consumer outcomes, even when loans are sold by third parties.
ASIC sues former Keystone Asset Management directors and compliance committee members over alleged Shield failures
ASIC is suing former directors and compliance committee members of Keystone Asset Management, Paul Chiodo, Ilya Frolov, and Mark Yorston, for allegedly breaching duties. They are accused of putting hundreds of millions of dollars of Australians' superannuation at risk via improper investments. The allegations center on investing scheme funds in related entities without proper safeguards, impacting approximately 5,800 investors and over $530 million in retirement savings.
Registered Company Auditor John Gordon Owenell hands in registration following independence concerns raised by ASIC
John Gordon Owenell, a Registered Company Auditor, has voluntarily cancelled his registration after ASIC raised concerns regarding his compliance with auditor independence and conflicts of interest requirements. ASIC's investigation highlighted Mr. Owenell's long-standing association with a client, including serving as company secretary and conducting internal audits, which created significant self-interest and familiarity threats. These issues were identified through ASIC's proactive surveillance focusing on auditor independence obligations.
SEC Appoints Kathleen Hutchinson as Director of Office of International Affairs
The SEC has named Kathleen M. Hutchinson as the new Director of its Office of International Affairs (OIA). In this role, Ms. Hutchinson will be responsible for advising the Commission on international policy and coordinating with foreign authorities. She brings a wealth of experience to the position, having served in various capacities within the SEC and other regulatory bodies.
How to Launch a Forex Brokerage in 3 Days Using Turnkey Solutions
This article from Rotex explains how turnkey solutions can enable the launch of a Forex brokerage in as little as three days. It clarifies that this timeframe refers to the activation of core infrastructure, not full regulatory completion or immediate profitability. The piece highlights the continued appeal of the Forex industry for entrepreneurs due to global demand and flexible revenue models.
Pre-1994 Issuances
The Office of the Comptroller of the Currency (OCC) provides an archive of its pre-1994 issuances, specifically bulletins. This page serves as a directory to historical regulatory guidance and news releases from the OCC. Users can navigate through various years to access specific bulletins.
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The Office of the Comptroller of the Currency (OCC) released various news items in June 2026, including enforcement actions, clarifications on filing processes, and reissuance of policy statements concerning Minority Depository Institutions. Additionally, bulletins were issued on topics like the Financial Data Transparency Act of 2022 and reporting forms for stablecoin issuers. Comptroller Gould also provided testimony on agency activities, including charters, licensing, and risk-based supervision.
**B2C/B2B license**
This blog post from obtained.com focuses on iGaming regulations and licensing, particularly comparing gaming licenses from Tuvalu and Liberia. It also mentions broader topics like fintech, crypto, and blockchain, and links to articles discussing MiCA CASP authorization and industry conferences. The content provides insights into market advancements and emerging trends in the financial landscape.
**Malta MFSA vs CySEC: Which MiCA CASP Authorisation Route Is Actually Faster?**
This article discusses the processing times for obtaining MiCA CASP licenses from Malta's MFSA and Cyprus's CySEC, highlighting differences between advertised and actual timelines. While MFSA's official line suggests 6-12 months, real-world data shows 14-16 month timelines due to backlogs and capacity constraints. CySEC is faster at 8-10 months but requires substantial Cypriot presence, which can extend the overall process.
**Anjouan iGaming License: A Simple Guide for Online Gambling Businesses**\\ \\ Anjouan iGaming License Guide: Fast, Flexible Offshore Gambling Regulation
This article discusses the Anjouan iGaming license, highlighting it as a fast and flexible option for offshore gambling regulation. It provides a simple guide for online gambling businesses seeking this type of license. The content suggests the license offers advantages for companies in the iGaming sector.
FMA files 61 mortgage fraud charges against six individuals
The Financial Markets Authority (FMA) has filed 61 charges against six individuals in connection with an alleged mortgage fraud. These charges, filed under various acts, aim to address fraud that undermines trust in New Zealand's lending system. The FMA states that mortgage fraud is a key regulatory priority and they are taking action to hold those responsible accountable and deter others from similar conduct.
OCR Pass Through Transparency
The FMA is enhancing transparency regarding how financial institutions in New Zealand adjust interest rates in response to changes in the Official Cash Rate (OCR) set by the Reserve Bank of New Zealand (RBNZ). They are publishing data from eight major financial institutions, covering approximately 98% of housing loans, to provide consumers with a centralized source of information on interest rate movements. This initiative aims to improve public understanding of the pace at which changes in the OCR are reflected in customer interest rates.
Ensuring fair consumer outcomes from insurer benefits and campaigns
The Financial Markets Authority (FMA) of New Zealand has published findings from its engagement with insurers regarding the management of customer interests during short-term sales campaigns and incentives. This initiative reinforces expectations under the CoFI regime, focusing on fair treatment of consumers and addressing potential conflicts of interest arising from incentives that drive business from third parties. Michael Hewes, Director of Deposit-taking Insurance and Advice, highlighted the importance of these insights for the industry.
‘5 mins with the FMA’ Podcast #21 Insurer benefits and campaigns insights
The FMA released the 21st episode of their podcast, '5 mins with the FMA', featuring Michael Hewes. In this episode, Hewes discusses the risks associated with non-monetary benefits and sales campaigns in the insurance sector. He also provides insights into what insurers should consider under the CoFI and Fair Conduct Programmes.
No action on climate reporting obligations for health and life insurers
The Financial Markets Authority (FMA) will adopt a ‘no action’ approach regarding climate reporting obligations for health and life insurers in New Zealand. This decision follows a government announcement to remove these insurers from the climate-related disclosures (CRD) regime. The FMA's interim relief aims to prevent unnecessary compliance costs for insurers awaiting legislative changes.
Media releases
This FMA webpage compiles recent media releases from the authority, covering various regulatory actions and updates in the financial sector. Key topics include climate reporting, market operator obligations, and consumer protection measures. The page also offers details for media inquiries and subscriptions to alerts.
NZX Review Report
The Financial Markets Authority (FMA) is mandated by the Financial Markets Conduct Act 2013 to review NZX's compliance with its licensed market operator obligations annually. A new report, the "NZX Obligations Review 2026," details findings for the period of January 1 to December 31, 2025. This review ensures appropriate management of potential conflicts between NZX's regulatory and commercial functions.
Reports and papers
This page on the FMA website provides access to various reports and papers, including corporate publications, annual reports, and guidance documents. Users can utilize an AI search function or browse categories to find relevant information. The FMA also publishes insights and observations on financial institutions and their practices.