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Showing 121 - 130 of 5582 results for "ASIC"

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... saying it is working with ASX to determine whether shareholders are required to approve the transaction. Earlier this week ASIC applied to the Federal Court to have receivers appointed to investigate the validity of the sale of Interprac to Conquest ...

Former Big Un chief pleads guilty to insider trading

RIDDHIMA TALWANI  |  FRIDAY, 10 APR 2026
... the shareholder would likely trade Big Un shares and options. Evans could face a maximum penalty of 15 years imprisonment. ASIC said the information concerned the number of customers who had already been onboarded to purchase Big Un's promotional ...

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
SMSF Adviser Network (SAN) has closed its doors and subsequently seen its entire fleet of 85 advisers delisted from ASIC's financial adviser register (FAR). SAN's representatives were predominantly accountants who operated under a limited licence ...

Former Venture Egg adviser permanently banned

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2026
... Commission. He was then authorised under Consilium Advice, a group established by former Dover advisers. In banning him, ASIC said Papapavlou lacked competence, adequate training and judgement as a financial adviser, and engaged in dishonest, misleading ...

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
ASIC has banned Benjamin Godfrey, the former director and responsible manager of ISG Financial Services Limited (ISG). ASIC suspended ISG's AFSL in July 2022 after it found it failed to meet statutory audit and financial reporting lodgement obligations. ...

Sale of Interprac raises eyebrows at ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 8 APR 2026
ASIC wants the Federal Court to appoint a receiver to investigate the fire sale of Interprac Financial Planning to Conquest Investment Partners, saying it has concerns over what it may mean for the advice group's creditors. The regulator has applied ...

ASIC bans another MWL adviser

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
ASIC has banned another MWL financial adviser David Lofthouse for three years for advising clients to invest at least 75% of their superannuation savings into the High Growth or Growth class of the Shield Master Fund. ASIC said Lofthouse gave six clients ...

Coinbase receives AFSL, plans product expansion

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
... consumer protection and regulatory compliance." He added Coinbase is well-prepared for the regulatory change, welcoming former ASIC supervisor Adam Judd as chief operating officer in December 2025. Judd will also be the responsible manager for the AFSL ...

Adviser exam pass rate exceeds 70% for the first time in 12 months

MATTHEW WAI  |  TUESDAY, 7 APR 2026
... (77.7%) sat the exam for the first time. Unsuccessful candidates will receive general feedback on areas they underperformed, ASIC said. The pass rate has improved from the previous seatings in November 2025 (68%) and August 2025 (69%). At the same time ...

ASIC disqualifies crypto fund director for five years

MATTHEW WAI  |  THURSDAY, 2 APR 2026
ASIC has disqualified Ashod Ohan Balanian from managing corporations for five years for his involvement in three failed companies which operated a cryptocurrency fund. Balanian is disqualified until at least 31 March 2031. ASIC found Balanian engaged ...