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Showing 121 - 130 of 5366 results for "2015-16 ASIC"

Aware hikes fees for former TelstraSuper members

ELIZA BAVIN  |  TUESDAY, 14 JUL 2026
Aware Super has informed former TelstraSuper members' insurance fees will rise following the merger of the two funds, completed in May. "Before the merger with Aware Super, TelstraSuper informed Personal Plus members that their insurance arrangements ...

ASIC fines Deutsche Bank for 'systemic' reporting failures

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... derivative transactions, saying the fine reflected "deficiencies" in the reporting framework and such failures were "systematic." ASIC said Deutsche Bank failed to take all reasonable steps to accurately report the "direction fields data" for 20,483 ...

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... Victoria District Registry." On June 19, Merhi applied to the Federal Court to vacate travel restraint orders against him. ASIC said it opposed Merhi's application. The court slapped the travel ban order on Merhi in July 2025 amid ASIC expanding its ...

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities. The regulator's ...

ASIC cancels Trive Financial's AFSL as review into CFDs continues

VINNY VUCAGO  |  FRIDAY, 10 JUL 2026
ASIC has cancelled the Australian financial services licence (AFSL) of contracts for difference (CFD) issuer Trive Financial Services Australia, after determining the company was no longer carrying on a financial services business in Australia. The ...

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The Financial Advice Association Australia (FAAA) has called for tougher insolvency rules to prevent "phoenixing" activity. The FAAA said loopholes which shift costs of failed financial advice businesses onto the broader profession through the Compensation ...

SS&C to accept digital cash for tokenised investments

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... derivatives, basic deposit products and NCP facility authorisations. Coinbase and OKX currently hold a similar AFSL. Further, ASIC has announced a three-month extension for those that are not yet compliant with the scheme, now expiring on September 30. ...

ASIC consolidates compliance rules for platforms

RIDDHIMA TALWANI  |  WEDNESDAY, 8 JUL 2026
ASIC has consolidated legislative instruments for platforms to make it more centralised and easy to find. It said this reflects its commitment to simplify complex ASIC instruments. ASIC also removed and updated requirements, including replacing quarterly ...

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
ASIC has published its first comprehensive review of voluntary administration (VAs) and deeds of company arrangement (DOCAs). The review found the restructuring process continues to play an important role for larger and more complex businesses, while ...

June adviser exam registers 72% pass rate

KARREN VERGARA  |  MONDAY, 6 JUL 2026
ASIC reported a 71.7% pass rate in the latest round of financial adviser exam results. Some 209 people sat the exam, including 137 first-timers, in June. Of the first-timers, 75.9% or 104 passed the exam. To date, 22,748 individual candidates have sat ...