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Showing 131 - 140 of 5582 results for "ASIC"

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... businesses meet standards like those in the broader financial system. This move was welcomed by the industry. Under the amendment, ASIC is also granted enforcement power over related DAPs and TCPs, and any breaches may attract civil penalties, it said. ...

ASX is 'compromised' and 'lacks aspiration': Final report

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... supervise and enforce compliance with Operating and Listing Rules by participants and listed entities. The report comes after ASIC took the unprecedented step in June 2025 of commissioning the Inquiry into ASX after years of persistent issues and operational ...

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
... are taken to ensure the options are in members' best financial interests. "APRA will continue to coordinate closely with ASIC to address investment governance weaknesses identified in platform trustees," Cole said. Separately, Fiducian will pay ASIC ...

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... Aspirations Fund (DSAF). Subsidiary Fiducian Investment Management Services (FIMS) entered into the heads of agreement with ASIC to pay the $7.3 million pecuniary penalty. It will also reimburse ASIC for its legal costs of about $650,000. The product ...

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
... Egg), has been banned for four years over inappropriate advice and deceptive conduct, including impersonating other advisers. ASIC has banned Nicholas Hogan from the financial services industry for four years, effective 18 December 2025. During his employment ...

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
... duties in relation to the handling of risks associated with money laundering and criminal activity, in a case brought by ASIC. The court found Star's former chief executive Matthias Bekier and former chief legal and risk officer Paula Martin breached ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings against the crypto platform in December 2024 alleging the entity breached multiple obligations ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... 'undergoing a restructure'. Then they eventually went into liquidation." By February 2024, Kee began receiving emails from ASIC. By May 2024, responsible entity Falcon Capital suspended redemptions and applications in First Guardian, telling ...

Severe underperformance sees Polen Capital funds wound up

JAMIE WILLIAMSON  |  TUESDAY, 24 MAR 2026
... cost-effective for investors," Montgomery Investment Management said. The decision to terminate also comes after Fundhost was fined by ASIC for making misleading representations about the Global Growth Fund. In February this year, Fundhost paid $19,800 ...