ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator. Australian regulation requires client money to be kept in segregated trust accounts at AA-rated banks.
- Investor protection
- No statutory investor protection
CySEC regulates investment services in Cyprus and is widely seen as the gateway to the EU under MiFID II passporting. Many large retail brokers hold a CySEC license plus one or more "passported" authorisations across EEA.
- Investor protection
- €20,000Up to €20,000 per eligible claimant via the Investor Compensation Fund (ICF).
The FSA is the Japanese integrated financial regulator. It supervises banks, insurance companies, securities firms and FX margin brokers. Maximum leverage is capped at 1:25 for retail FX.
- Investor protection
- No statutory investor protection