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Showing 101 - 110 of 979 results for "AFSL"

HUB24 takes stake in Finura Digital

ELIZA BAVIN  |  WEDNESDAY, 19 NOV 2025
HUB24 has taken an equity stake in Finura Digital, the parent company to Advice Designer, a SaaS platform that helps financial advisers automate their advice production processes. In addition, HUB24 will introduce myhub, an "ecosystem concept" being ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... products fall within the definition of financial products, and, if so, to obtain an Australian financial services licence (AFSL) by the 30 June 2026 deadline.

Number of AFSLs plateaus: Rainmaker

ELIZA BAVIN  |  MONDAY, 3 NOV 2025
... quarter, the only two size groups that grew were 11-50 and 101-250. Together they added 309 advisers, while all other size AFSL declined. Registered advisers operating through super fund-owned AFSLs rose 1.1% over the 12 months. "AFSL numbers seem to ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... be permanently restrained from carrying on a financial services business without an Australian financial services licence (AFSL) or operating an unregistered managed investment scheme, ASIC said. Between July 2013 and October 2018, Marco obtained over ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... stablecoins, tokenised securities and digital asset wallets, are now required to carry an Australian financial services licence (AFSL) in line with Information Sheet 225 (INFO 225) and the recently proposed law reform by the government, which is currently ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... adequately address fees for no service misconduct by Lighthouse Partners, one of its representatives. ASIC cancelled the AFSL of Crown Wealth in March 2024, after it was placed into voluntary administration. It was previously allowed to provide advice ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... standards and ASIC in licensing, consumer credit, privacy and oversight of frameworks and governance. ASIC granted Morningstar an AFSL in October, enabling the firm to continue issuing credit ratings for consideration by wholesale clients exclusive to ...

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
... First Guardian highlight the potential issues." To resolve the current system, Gosselin said a research house should hold an AFSL and improve the transparency and accuracy of fund research, adding that the payment system needs to be changed as well. ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... the earlier suspension of four advisers in July. On August 25, ASIC cancelled MWL's Australian financial services licence (AFSL) and banned its director and responsible manager. Since February 2022, funds totalling more than $480 million have been invested ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... was also a director of Insurance Network Services Australia (INSA), and a responsible manager on Freedom Insurance's AFSL. Oayda was engaged by INSA as a consultant to deliver services to INSA and Freedom Insurance. In 2022, ASIC secured more than ...