ASIC Drafts Reporting Rules for Foreign Brokers
The Australian Securities and Investments Commission (ASIC) is moving towards tightening rules for foreign financial services companies with Australian operations. From October 2024, foreign brokers dealing with Australian retail clients will likely have to report their local transactions to the Aussie regulator. ASIC ASIC The Australian Securities and Investments Commission (ASIC) is the prime regulator […]
Foreign investors pour $925 million into Egypt since Wednesday By Reuters
© Reuters. FILE PHOTO: A man counts Egyptian pounds outside a bank in Cairo, Egypt October 24, 2016. REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt’s central bank said […]