Tag Archives: asic

ASIC provides guidance for initial coin offerings

initial coin offerings

ASIC today, released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens. ASIC Commissioner John Price said ‘We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any obligations they may have when raising funds in Australia.’ ASIC and the Australian Competition ...

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Financial adviser sentenced for making false statements to ASIC


Mr Michael Davie, of Keilor East, Victoria, has appeared in the Melbourne Magistrates Court and pleaded guilty to three charges of making false or misleading statements in documents submitted to ASIC. The charges, which follow an ASIC investigation, allege that on or about 3 August 2016, and in support of an application for an Australian financial services licence, Mr Davie ...

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