US EditionASIC updates share fraud guidance and calls on AFS licensees to step up
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ASIC updates share fraud guidance and calls on AFS licensees to step up
On 24 June 2025, the Australian Securities and Investments Commission (ASIC) updated its guidance for Australian financial services (AFS) licensees on how they can reduce share sale fraud risks to their clients and business. The update follows a spike in reports of stolen shares due to identity theft and an industry review. Stepping up The guidance is located in ASIC Information Sheet 237 Protecting against share sale fraud (INFO 237) and reflec…
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