Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 151 results for "Australian Financial Services License"

Two directors cop ASIC bans

HAMISH MADDEN  |  MONDAY, 19 JUN 2006
... statement for a financial product and operating a financial services business without an Australian financial services license. Forshaw and Bottari were found to have engaged in misleading and deceptive conduct and demonstrated a propensity to ignore ...

Two charged over dodgy building insurance

HAMISH MADDEN  |  FRIDAY, 26 MAY 2006
... The men are facing 15 charges, including providing a financial service without holding an Australian Financial Services license, making misleading statements in relation to financial products and engaging in dishonest conduct in relation to financial ...

Super adviser loses license after ASIC super switching survey

... ASIC has revoked the license of SMS Advising Group because it failed to comply with its Australian Financial Services License (AFSL) requirements and would be unable to do so in the future. The regulator discovered SMS' poor compliance after it reviewed ...

ASIC charges unlicensed advisers

... Magistrates Court today charged with holding themselves out to be investment advisers without an Australian Financial Services License (AFSL). It is alleged that between January 2001 and March 2002, the four flogged a 'high yield' product to investors ...

ASIC issues guidance on general advice warning and SOAs

The Australian Securities and Investments Commission (ASIC) has issued an example Statement of Advice (SOA) and released a proposal to reduce the repetition of advice warning for Australian financial services licensees and their representatives. The ...

Unlicensed financial adviser caught out

... Donald Maxwell facing one charge of carrying on a financial services business without an Australian financial services license (AFSL). The regulator alleges Maxwell breached the Corporations Act 2001 by running Business Express Success Techniques Pty ...

NAB to support mortgage broking businesses

... provide advice on insurance a mortgage broker will more frequently need to operate under an Australian Financial Services License and complete some further study, both of which are available within NAB Financial Planning and Third Party," Lawler says. ...

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services. "ASIC's decision serves as a warning that dishonest conduct will not be tolerated and a lifetime ban will be ...

May start for new dealer group

A new financial services dealer group called Platinum Group Financial Services is set to open its doors this month. The group will have its national head quarters in Perth and will be owned by its advisers and staff. It will not have any institutional ...

ASIC loses Johnston to Hong Kong

The Australian Securities and Investments Commission has lost another senior executive with the resignation of industry stalwart Ian Johnston. Johnston, most recently ASIC executive director of financial services regulation, has been appointed to a ...