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Showing 1 - 10 of 1879 results for "Authority"

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
... 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 Turco were each banned from managing or controlling ...

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
... income due to higher activity. Macquarie Group said its financial position exceeds the Australian Prudential Regulation Authority's (APRA) Basel III regulatory requirements. Looking ahead, the board said Macquarie continues to maintain a "cautious stance" ...

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
... advocacy group. Kell currently serves as the chair of the consumer consultative committee at Australian Financial Security Authority (AFSA), the chair of the Financial Counselling Industry Fund, chair of the consumer advisory panel at Australian Financial ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... Master Fund and First Guardian Master Fund. On the offensive, InterPrac is suing the Australian Financial Complaints Authority (AFCA), believing it has not been treated fairly. It is also targeting a former client and victim of First Guardian based on ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... liquidation. This follows Australian Fiduciaries' inability to pay the amount determined by the Australian Financial Complaints Authority (AFCA). The Compensation Scheme of Last Resort (CSLR) then made a payment of $150,000 for the AFCA determination. ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
Treasury has released new Statements of Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable ...

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership. ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... tranche represents only around 10% of approximately 3500 complaints submitted to the Australian Financial Complaints Authority (AFCA) in relation to the managed investment schemes. In total, the CSLR has processed 1567 claims, up from 912 in the initial ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... while Cor Cordis was appointed as liquidators last November. MWL remains a member of the Australian Financial Complaints Authority.

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
The Australian Prudential Regulation Authority (APRA) has unveiled key findings from its inaugural system risk stress test (SRST), highlighting the resilience and stability of the financial market depends heavily on the superannuation sector. The SRST ...
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