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Showing 91 - 100 of 5582 results for "ASIC"

Buyer beware: Private credit as a defensive play

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... grappling within our channels," he said. The private credit sector is facing unprecedented regulatory scrutiny in which regulator ASIC has put product providers on notice for opaque practices and transparency issues, particularly around fees. To help ...

ASIC furthers simplification with regulatory roadmaps

ELIZA BAVIN  |  TUESDAY, 19 MAY 2026
ASIC is furthering its simplification work, focusing on the development of sector-based regulatory roadmaps, improving ASIC registers through the RegistryConnect program, and expanding digital transactions. ASIC said for the next six months it will ...

Mulino targets retail investor protections, high-risk MISs: SIAA

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... MIS structures that housed and put at risk about $1 billion of investor money. An additional $7.6 million was committed to ASIC, Treasury and the Auditing and Assurance Standards Board to strengthen governance requirements for MISs, with $1.4 million ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026
The Australian Securities and Investment Commission (ASIC) has raised concerns over the use of misleading disclaimers, inconsistent climate risk disclosures and unclear reporting assumptions in the first round of mandatory sustainability reports lodged ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... forced through years of legal warfare while regulators, trustees and financial firms argue over liability," Kee said. "If ASIC itself has described this conduct as industrial-scale misconduct, then the question becomes how much more evidence is needed ...

Sequoia delays dividend amid InterPrac sale uncertainty

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... pending the proposed sale of InterPrac to Conquest Investment Partners; however, the sale agreement was ditched May 1 following ASIC's concerns over the transaction. At the time, Sequoia said the two parties failed to satisfy all the conditions within ...

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... (SMSF) into investment products he controlled. Investors were promised fixed returns of up to 300% after three years. However, ASIC said Arandez had not been licensed or authorised to provide financial services from June 2019 onwards, with many of the ...

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... Melbourne-based Stephen Rogers, a representative of United Global Capital, had been prohibited from registering as an adviser with ASIC until after December 2025. The Financial Services and Credit Panel (FSCP) had made a registration prohibition order ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... workers who earn a living from wages," he explained. In a bid to protect more investors, Treasury pledged $10.3 million to ASIC to better data use when supervising managed investment schemes. This comes as the government launched a review to focus on ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... $1.4 million per year ongoing) consulting publicly on new data collection powers in relation to managed investment schemes. ASIC will partially meet the cost of this measure through cost recovery. It comes as the government launched a review to focus ...