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Showing 151 - 160 of 3899 results for "Law"

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
... Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk super switching ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... Group. Through that work, we have been seeking a range of views on how we can more efficiently and effectively administer the law in the areas we regulate, how we can make it easier to transact with us, and how we can simplify guidance, legislative instruments ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... is the equivalent of receiving an extra $6000 in today's dollars," Chalmers said. The Super Members Council (SMC) said the law will be a gamechanger in tackling unpaid super which now costs Australian workers $5.7 billion a year. "The introduction of ...

3500 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... this. Further, unless exempt, relevant providers have until the end of the year to complete specified courses in commercial law and taxation law to be able to provide tax (financial) advice to retail clients from next year. ASIC said some 1143 need to ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... spokesperson said. "By bringing digital asset and tokenised custody platforms under the scope of Australian financial services law, the government is delivering long-awaited clarity for industry participants and investors. "Its emphasis on transparency ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... investors," Justice Derrington said. "Mr Hodgson adopted a laissez-faire approach to compliance with the financial services law." This was not the first time Hodgson has been under ASIC's scrutiny. In July 2015, he was banned from providing financial ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... practices, it also shows behaviours that fall short of market expectations and more importantly that are inconsistent with the law. "With the pace of growth in size and reach of the domestic sector, this becomes all the more important. Promoting confident ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... was noted in consultation paper 381 (CP381). CP 381 proposed a range of updates to provide greater clarity about the current law, including adding practical examples of how the current financial product definitions apply to digital assets and related ...