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Showing 121 - 130 of 5197 results for "2015-16 ASIC"

Former AMP adviser banned over false documents

JAMIE WILLIAMSON  |  THURSDAY, 5 FEB 2026
... a financial product or service after, on three occasions, he signed documents on clients' behalf without their knowledge. ASIC said Nong used systems to record a meeting and dishonestly sign client consent forms before sending them to be processed. The ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
In a pre-Budget submission, the Financial Advice Association Australia (FAAA) has proposed five key recommendations to increase the number of advisers and cut through regulatory red tape, while supporting consumer protections. The FAAA urged the federal ...

Petra Capital fined over misreporting of 15k trades

MATTHEW WAI  |  THURSDAY, 5 FEB 2026
... on 3632 occasions. It was caused by a system update and affected 14,741 trades between 3 March 2022 and 5 December 2023, ASIC said. Following an ASIC query regarding some inaccuracies in Petra's origin of order references (to identify the clients) in ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
ASIC is urging super trustees to strengthen their anti-scam and fraud practices after a review found "significant" gaps in communications to members. Following an assessment of scams and fraud-related website content across 47 super funds, benchmarking ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
... has strengthened our enforcement posture and work, leading to better outcomes for consumers and a fairer financial system. ASIC will be in very capable hands under her leadership." Court was appointed deputy chair of ASIC in 2021. Before that, Court ...

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
Clime Investment Management's John Abernethy will assume an operational role to lead the investment team. Abernethy will become director of investments and remain a director of the company. Meanwhile, Leo Economides carries on as chief investment ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... processes and governance systems and said such improvements "make it less likely that another similar contravention will occur". ASIC deputy chair Sarah Court commented there is no value to investors if product issuers develop a TMD for a product but ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
ASIC penalised 28 self-managed superannuation fund (SMSF) auditors in the first half of FY26, including the cancellation of 22 registrations. ASIC said its action relates to breaches of obligations and standards, including failures to comply with auditing ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... e-statements at a time of high trading volumes also contributed to the increase in expense guidance, it said. In December, ASIC obtained a commitment from ASX to improve its operational risk management, to accumulate an additional $150 million of capital ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... in misleading and deceptive conduct by making several false and misleading representations about the Qoin Wallet product. ASIC referenced that the ability of Qoin Tokens to be exchanged for fiat currency and other crypto-assets, the official approval ...