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Showing 91 - 100 of 8795 results for "Regulator"

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... first of its kind globally and reinforces the core responsibility of banks to protect their customers from scams." The regulator launched legal proceedings in late 2024, alleging the bank failed to have suitable controls in place to prevent and detect ...

ATO reveals highest paid jobs, postcodes

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
Victoria is home to Australia's highest earning postcode for the first time, according to newly released Australian Taxation Office (ATO) data, as taxable incomes, capital gains and superannuation balances continue to climb. The ATO's annual ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
ASIC has successfully appealed a ruling against Block Earner in relation to its fixed-yield digital asset-related product (Earner), which was previously not deemed a financial product. The High Court of Australia has unanimously found that Earner was ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... under stress, and coordinate responses across business areas and with public sector partners," APRA said. The prudential regulator also urged trustees to focus on emerging risks, including foreign interference and disinformation, as well as the operational ...

ASX puts 25% cap on new share issuances during mergers

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
The ASX has put a 25% cap on the amount of new shares large listed companies can issue during mergers without first getting shareholder approval. "This gives shareholders a say before significant dilution. Shareholders are also given flexibility to ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
... calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. The regulator expects all participants including boards, auditors, responsible entities, trustees and chief investment officers, to ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately. The regulator updated a list first published in February, which identified 44 entities linked to lead generation, referral arrangements and ...

Channel Capital and Fidante to merge

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Challenger announced it has entered into a binding agreement to merge its multi-affiliate funds management business, Fidante, with Channel Capital. Under the agreement Fidante will become part of the newly formed entity Channel Group and will be led ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
The market regulator said it remains complex to determine and provide regulatory certainty around the digital economy despite the continued growth and development across the sector. Presenting a keynote address at the Digital Economy Conference in Sydney ...