Among derivatives dealers, FTX Australia (currently in administration) tops the list with 65 complaints.
AFCA will now review complaints against insolvent financial firms and other complaints that have been on pause.
The CSLR will facilitate compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority.
It will remain possible to lodge a complaint with AFCA in relation to Binance until AFCA cancels its membership.
ASIC has cancelled the Australian financial services (AFS) licence of the AFSL Group Pty Ltd.
ASIC has banned Peter Geoffrey Gribble, the sole director of Qsmart Securities Pty Ltd, over refusal or failure to pay AFCA determinations.
Australians in dispute with banks, investment firms and financial advisers lodged 72,358 complaints with AFCA in the past 12 months.
USGFX received most complaints (543) among Forex dealers in the second half of 2021, according to the AFCA Datacube.
The Australian Financial Complaints Authority (AFCA) has paused progress of all complaints against Dixon Advisory.
The Australian Financial Complaints Authority (AFCA) has published important information for consumers about Forex CT.