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Showing 91 - 100 of 333 results for "Watchdog"

NZ looks to recognise qualified Aussie advisers

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... New Zealand without meeting the country's qualifications as early as 15 March 2021. New Zealand's financial services watchdog the Financial Markets Authority (FMA) is proposing to recognise Australian advisers who demonstrate competence, knowledge and ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... the functional/technical aspects of the replacement system, and the ASX's management of associated risks, the corporate watchdog said. "In order to demonstrate its readiness to migrate to the new system, ASX is expected to provide independent assurances ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...

ASIC wealth director nabs promotion

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services. Joanna Bird has been appointed in the role after many years with the regulator and ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... digital-asset trading platform for CoinSpark - but instead he allegedly misappropriated the funds raised in the offerings. The watchdog alleged the film producer secretly transferred FLiK tokens to himself and sold them for an additional US$2.2 million ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
The corporate watchdog has refused to back down on a decision to disqualify a Queensland-based self-managed super fund auditor, taking the Administrative Appeals Tribunal's decision to the Federal Court of Australia. John Gilliland had his ASIC disqualification ...

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... law". Bigatton has the right to appeal the banning with the Administrative Appeals Tribunal. It comes after the corporate watchdog recently issued an alert on the dangers of cryptocurrency scams during COVID-19. The alert noted that most cryptocurrency ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
... carrying on a financial services business without holding an AFSL or being an authorised representative. The corporate watchdog alleges that between 2015 and 2017, Gordon withdrew a total of $502,000 from the bank accounts of six of his self-managed ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
Commonwealth Bank has announced the corporate watchdog will not be taking any action against the bank nor its directors over a money laundering and counter-terrorism scandal identified by AUSTRAC three years ago. In an ASX announcement, CBA told investors ...