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Showing 161 - 170 of 6195 results for "Statement"

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week. The two funds now reopen to investment are the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund. In addition, La Trobe Direct ...

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... recommendations in total, including that ASX should obtain assurance that it has addressed gaps in its risk appetite statement and strategy to return to risk appetite; ensure its risk transformation plan is appropriately resourced and implement regular ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... approach of providing immediate certainty and an improved outcome for investors benefits all parties," Macquarie said in a statement. The investment giant said it has also agreed with APRA to uplift its investment governance processes on its wrap platform. ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
The failures of Shield Master Fund and First Guardian Master Fund has pushed governance to the forefront - particularly among wholesale investors, according to Magellan Financial Group. Sophia Rahmani, chief executive and managing director of Magellan ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... Month Account has over $11 billion in funds under management, while the 2 Year Account has about $148 million. In a statement on the ASX, La Trobe Financial said: "We take our legal duties and relationship with our regulator with the utmost of seriousness. ...

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

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... Legislation. However, intermediaries benefiting from this relief must make the exempt stablecoin's product disclosure statement (PDS) available to their clients, where the issuer has prepared one, ASIC said. The market regulator will continue to ...

ASIC sets sights on 140 advisers

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
ASIC deputy commissioner Sarah Court told a parliamentary committee this morning that the regulator has identified around 140 financial advisers who were involved in super switching misconduct relating or similar to Shield and First Guardian. "We had ...

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... including the embattled CHESS replacement, and failed to listen to warnings over market outages. According to the concise statement filed in the Federal Court, seen and reported by the Australian Financial Review, Halstead is accusing Lofthouse of being ...

360 Capital receives takeover offer from TT Investments

MATTHEW WAI  |  MONDAY, 15 SEP 2025
... paid ordinary shares of the company and fully paid units in 360 Capital Investment Trust. "A copy of the Bidder's Statement has been lodged with the Australian Securities and Investments Commission and sent to TGP today," K&L Gates' statement read. ...