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Showing 91 - 100 of 1194 results for "Licence"

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... following an investigation that found he failed to understand all the financial services offered by Spaceship under its licence. Specifically, ASIC accused that in late 2018 and into early 2019, Dortkamp failed to take the necessary steps in relation ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... could be the subject of enforcement action if they are carrying on a business of providing financial services without a licence," ASIC deputy chair Sarah Court said. "Financial services laws exist to protect investors if something goes wrong. The individuals ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... ASX's recent decision and are prepared to bear a range of regulatory options to ensure compliance with CS facility licence obligations.

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
AUSTRAC has released guidance to banks and superannuation funds on helping those without access to traditional identification documents access financial services. The guidance aims to support people from diverse backgrounds and in challenging circumstances ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... determinations. According to ASIC, QFML also didn't have the required professional indemnity insurance coverage. "The licence suspension allows QFML to provide financial services that are reasonably necessary for, or incidental to, the winding up the ...

Diverger acquires licensee support firm

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... established in 2010 and provides support to advice firms which either hold their own AFSL or are looking to obtain their own licence. It currently works with 160 of Australia's licensees and their financial advisers. Its founder and owner Stewart Chandler ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... including tailored SMAs that can be designed to unique needs of advisers and their clients. For businesses with a MDA licence, we'll deliver institutional rebalancing capabilities to allow them to manage portfolios centrally and efficiently." A spokesperson ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... had not breached its general obligation to do all things necessary to ensure that the financial services covered by its licence were provided efficiently, honestly and fairly. ASIC deputy chair Sarah Court said: "ASIC pursued this case because we believed ...

Australian Ethical, Christian Super merger finalised

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... Exploration of a merger occurred after APRA forced Christian Super to seek a partner, placing a range of conditions on its licence at the end of 2021 including that it must have plans in place to merge by mid-2022. Australian Ethical Super now has more ...

Colonial First State debuts 'major wealth platform innovation'

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... including tailored SMAs that can be designed to unique needs of advisers and their clients. For businesses with a MDA licence, we'll deliver institutional rebalancing capabilities to allow them to manage portfolios centrally and efficiently." Quirk ...