Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 5582 results for "ASIC"

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... related activity On complaints handling, the spokesperson said responsibility for superannuation member complaints sits with ASIC, APRA and the Australian Financial Complaints Authority (AFCA). The ATO declined to comment on the specific case due to ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... addressing all the employees and then I know they're going to stay," he said. The ASX has been in the crosshairs with ASIC since last year around its questionable ability to "maintain stable, secure and resilient" market infrastructure, which were ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... its current form. Atlas Arteria said this is unless IFM makes amendments to the offer or bidder's statement or obtains ASIC relief "in the form submitted by Atlas Arteria or such further orders as the Panel otherwise considers appropriate." "Atlas ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... with Aware Super - did indeed fail to comply with its internal dispute resolution (IDR) procedures. The case was brought by ASIC in November 2023, the first time a super trustee was pinged for failures related to the IDR regime, which was introduced ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Departing ASIC chair Joe Longo said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop it at the source and ban all unlicensed communications. Speaking at the Financial Counselling Australia conference ...

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI  |  THURSDAY, 7 MAY 2026
... necessary compliance obligations and that's a good thing," he said. "As long as they are registered with AUSTRAC and ASIC, remain compliant, are not overstepping in terms of the information they provide for SMSFs and don't provide unlicensed ...

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2026
... been negatively influencing investment decisions by super funds, including deterring investment in certain asset classes. ASIC consulted on amending the ASIC Corporations (Disclosure of Fees and Costs) (Instrument 2019/1070) in recent months as stamp ...

Former Berndale director pleads guilty

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... from the collapse of Berndale, a Melbourne-based provider of over-the-counter derivates, which had its license cancelled by ASIC in 2018. ASIC identified multiple compliance failures as the time, including concerns about financial reporting, governance ...

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
... $50,000 in late March. The regulator jumped on this, applying to the Federal Court for KPMG to investigate the proposed sale. ASIC expressed concerns the sale could adversely affect InterPrac's creditors, including its liabilities in relation to ...