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Showing 111 - 120 of 4085 results for "Conduct"

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... in these funds, and that Interprac - as licensee - should have been alert and responsive to the significant risk this conduct posed to clients, but it failed on many levels." Sequoia Financial Group's share price dropped by more than 12% this morning ...

ASX names chief compliance officer

MATTHEW WAI  |  TUESDAY, 11 NOV 2025
... products with ASX's rules. "I am confident she will further strengthen our efforts to uphold high standards of market conduct." Philip Lowe - former Reserve Bank of Australia's governor - was appointed last week to chair the AGCG.

NRFC invests in brain-computer interface devices

ANGELIQUE MINAS  |  FRIDAY, 7 NOV 2025
... approach used in cardiovascular stents, allowing it to be implanted without open brain surgery. Funding will be used to conduct final clinical trials and secure US regulatory approval. The financing will also advance the company's ambitions of establishing ...

Norway wealth fund told to pause ethical divestments

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... prepared for that it may no longer be able to invest in them. Currently, the fund may choose to exclude a company based on conduct, product or alternative reasons. So far, 104 companies are excluded based on their products. It's expected the review will ...

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... greenwashing interventions are founded on enforcing well-established legal obligations that prohibit misleading and deceptive conduct," ASIC deputy chair Sarah Court said. "Fund managers need to make sure that they accurately represent the nature of ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... clients," Report 824: Review of SMSF establishment advice states. The advisers also acted more as "order-takers" and did not conduct a reasonable investigation and assessment of financial products. They also did not give priority to the interests of ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
ASIC has released the findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025, after reviewing 254 companies. Report 819 ASIC's oversight of financial reporting and audit 2024-25 outlined findings from company ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... said. "This sentence reflects the seriousness of Marco's fraud and the impact it had on investors. "The fraudulent conduct of Marco was deliberate, well executed and sustained. His misconduct relied on building and maintaining trust with clients ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
... Mulino under Part 23 of the Superannuation Industry (Supervision) Act 1993 for financial assistance due to fraudulent conduct and/or theft. "Part 23 of the SIS Act is designed for exactly these purposes, and we look forward to the various authorities ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... and allows ASIC to act when poor practices lead to harm." ASIC said it will, however, continue to act against egregious conduct where it sees significant consumer harm or widespread systemic misconduct. Meanwhile, AFCA welcomes the updated guidance that ...