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Showing 1 - 10 of 5582 results for "ASIC"

Advisers lean on AQF7 to meet education standards: Rainmaker

MATTHEW WAI  |  FRIDAY, 24 JUL 2026
... senior and will retire out, while the approved-qualification cohort is the durable base," the report said. Additionally, since ASIC commenced its review of the Financial Advisers Register (FAR) in February, 132 individuals were identified as not having ...

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
ASIC banned two former NextGen Financial Group directors from working in financial services for three years for failing to comply with Australian Financial Complaints Authority (AFCA) determinations. Nicholas Duncan Jeremy Brookes and Vittorio Vincenzo ...

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
... is to be released immediately upon entering into a recognisance of $3000 requiring he be of good behaviour for 12 months. ASIC chair Sarah Court said: "Gunn ignored several clear warnings, including customer complaints made to Mormarkets' various Australian ...

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
ASIC is simplifying the sell-side regulatory guidance in a move to spike capital raising activity, in line with its simplification effort which commenced in September 2025. The proposed revamp of Regulatory Guide 264 Sell-Side Research (RG 264) is in ...

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair. Peter Kell brings decades of experience in consumer protection, financial services regulation and public policy to SCA and has previously served as ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... contests. Crole attempted to divest InterPrac for $50,000 to Conquest Investment Partners, but was eventually abandoned as ASIC raised questions over the sale. Crole has been at the helm as group chief executive since 2019 following the resignation of ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... interests and exercising due diligence on the investment options it puts in front of members. It's a safeguard that, ASIC says, didn't hold up in the case of the Shield and First Guardian failures. Around 11,000 Australians lost more than $1 ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed. The FOI obtained by Lambros Photios, the founder of technology services and artificial intelligence (AI) ...

New 'high-risk' derivatives on the rise

MATTHEW WAI  |  MONDAY, 20 JUL 2026
... need to roll positions by closing exposure in a contract with expiry dates. Responding to Financial Standard 's enquiry, ASIC said it is aware of the increasing exposure of perps among retail investors. "ASIC is aware of speculative, high-risk derivatives ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... retirement savings justified a registration prohibition order. The FSCP, which considers adviser conduct matters referred by ASIC has the power to impose registration sanctions under the Corporations Act. Its decision has been published on ASIC's FSCP ...
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