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Regulatory

ASIC cancels Financial Services Group Australia's AFSL

ASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the industry.

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Read more: FSGA,  ASIC,  First Guardian Master Fund,  Shield Master Fund,  Financial Services Group Australia,  Graham Holmes,  Administrative Review Tribunal,  Australian Financial Complaints Authority,  Ferras Merhi,  United Financial Advice,  Venture Egg Financial Services