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Showing 111 - 120 of 980 results for "AFSL"

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 ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... recommend managed accounts have voiced concerns about the conflicts of interest that infiltrate the ecosystem, especially when an AFSL is the provider of its own managed accounts products in the form of separately managed accounts (SMAs). Deloitte Access ...

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... hearing about health practitioners encouraging or advising patients to access their super to pay for treatments without an AFSL, with some charging clients fees to help them with the paperwork. Today, the Australian Dental Association released new guidelines ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
Responsible entities (REs) of managed funds lack robust risk management practices when it comes to the cyber and security risks relating to services they offshore, according to ASIC. A review of 30 REs found that more than half or 17 rely on offshore ...

ASIC cancels CPG Research & Advisory's AFSL

RIDDHIMA TALWANI  |  FRIDAY, 10 OCT 2025
ASIC has cancelled CPG Research & Advisory's AFSL, which is linked to the now-defunct Linchpin Capital, effective October 7. The cancellation comes after CPG ceased to carry on a financial services business and failed to pay industry funding levies ...

AWAG to snap up 20% stake in First Mutual

RIDDHIMA TALWANI  |  TUESDAY, 7 OCT 2025
... ASX-listed Australian Wealth Advisors Group (AWAG) will acquire a 20% stake in licensee First Mutual, in a bid to expand its AFSL and licensing services. The investment is on a cash basis and First Mutual will retain its autonomy and ownership structure ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... statement read. Providers of the new financial products will be required to hold an Australian financial services licence (AFSL), subject to general requirement to provide their services efficiently, honestly and fairly, while prohibiting misleading ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes after ASIC brought action against Hodgson and Paladin Group companies MacroLend and Great Southland, of which ...

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... also be able to provide extensive regulatory oversight, including a fit-for-purpose Australian financial services licence (AFSL) and Digital Currency Exchange registration with AUSTRAC. The venture builds on MHC's partnership with Circle, issuer of USDC ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... this instance, the stablecoin selected for the exemption is AUDM issued by Catena Digital. Catena Digital was granted an AFSL about two months ago when it launched the Australian dollar-denominated stablecoin. According to ASIC Corporations (Stablecoin ...