Search Results | Showing 111 - 120 of 774 results for "AFSL" |
| | | ... came into effect last October, following concerns that it's not operating as intended. The regime, which applies to all AFSL and ACL holders, commenced in October 2021 and came off the back of the Royal Commission. Now, less than a year later, ASIC ... |
| | | | ... advice. A hearing on liability and penalty took place this week, with judgment reserved. ASIC suspended Dixon Advisory's AFSL in April but required it to maintain its AFCA membership for another year. While lodging a complaint does not guarantee a compensation ... |
| | | | ... a fit and proper person and was likely to contravene a financial services law in the future," ASIC said. In addition, the AFSL of his business Simeone Pty Ltd was also cancelled. He had held the licence since 1986. Simeone was actually handed the ban ... |
| | | | ... investment scheme and also ordered that he be permanently restrained from carrying on a financial services business without an AFSL or operating an unregistered managed investment scheme. The maximum penalty for each offence of fraud under the Criminal ... |
| | | | Over-the-counter derivatives provider Sirius Financial Markets Pty Ltd has surrendered its AFSL and its former executives Jonathan Schneider and Oskar Pecyna have both been banned for eight years. ASIC reported that Sirius Financial, trading as Trade360 ... |
| | | | ... a lifeline after ASIC's recent crackdown by giving them the option of continuing to influence with the coverage of an AFSL. A Rich Life has around 400 paying subscribers that receive information including news, the arts, stocks, and investing education. ... |
| | | | The Federal Court has found that Select AFSL (Select), BlueInc Services Pty Ltd (BlueInc) and Insurance Marketing Service Pty Ltd (IMS) engaged in unconscionable conduct when selling insurance products. The Court also found Russell Howden, the managing ... |
| | | | ... management processes. The regulator alleges that Lanterne has on multiple occasions failed to meet its obligations as an AFSL holder, including a failure to meet organisational competence requirements. ASIC deputy chair Sarah Court said: "ASIC is concerned ... |
| | | | ... period, only 546 new advisers were registered. In the last six months, SMSF Advisers Network lost the most advisers for any AFSL at 285. It's also lost the most advisers in the last 12 months, shedding 410. In terms of gains, Ord Minnett added 68 ... |
| | | | Melbourne-based BTC Markets has become Australia's first crypto exchange to successfully go through the full AFSL application process, via sister company BTCM Payments. BTC Markets said the AFSL will enable it to further bridge the crypto and traditional ... |
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