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Showing 91 - 100 of 1867 results for "Authority"

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
... Global Capital (UGC), totalling $2.3 million. There will be many more to come, with the Australian Financial Complaints Authority opting to reinstate UGC's membership to ensure victims of the Shield and First Guardian collapses can access recourse. Anne ...

ASIC to release IDR and reportable situations data

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
... the existing publication of firm-level external dispute resolution (EDR) data by the Australian Financial Complaints Authority (AFCA). ASIC is set to publish the RS dashboard in October, in line with legislative requirements, with the IDR dashboard to ...

Australia, UK regulators exchange insights

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... Treasury deputy secretary James Kelly, accompanied by representatives from the Bank of England, the Financial Conduct Authority, the Australian Securities and Investments Commission, the Reserve Bank of Australia and the Australian Prudential Regulation ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

APRA to hunt for new deputy chair

ELIZA BAVIN  |  FRIDAY, 19 SEP 2025
The Australian Prudential Regulation Authority (APRA) said a search is underway after APRA deputy chair Margaret Cole advised the Treasurer of her intention to step down at the end of her current term on 30 June 2026. Treasurer Jim Chalmers said the ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... has disappeared. While many who were defrauded have lodged formal complaints with the Australian Financial Complaints Authority (AFCA), the Save Our Super campaign says AFCA is "structurally unsuited to deal with systemic product collapses." This, coupled ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority (AFCA) sub-sectors. The sentiment aligns with the Financial Advice Association Australia's (FAAA) suggestion earlier this ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... via superannuation funds' reserves. InterPrac is currently facing $22 million worth of Australian Financial Complaints Authority (AFCA) pertaining to its representatives' alleged roles in the loss of $1 billon of investor money. InterPrac managing director ...

ASIC, APRA outline regulatory reform opportunities

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have outlined opportunities for regulatory reform in letters sent to Treasurer Jim Chalmers and Finance Minister Katy Gallagher. APRA ...