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Showing 1 - 10 of 6696 results for "CRED"

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
ASIC has successfully appealed a ruling against Block Earner in relation to its fixed-yield digital asset-related product (Earner), which was previously not deemed a financial product. The High Court of Australia has unanimously found that Earner was ...

FinCap launches private markets platform targeting wholesale investors

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
Private markets specialist FinCap has launched a managed account platform designed to broaden wholesale investor access to institutional grade private market opportunities, as demand for alternatives continues to grow. The FinCap Private Markets Platform ...

Alexander Funds names new chief executive

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Alexander Funds has appointed John Caldwell as chief executive, effective 7 September 2026. Alexander Funds said the appointment follows a comprehensive search process undertaken by the board as the firm prepares for its next phase of growth and development. ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
ASIC has put Australia's private credit sector on notice, calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. The regulator expects all participants including boards, auditors, responsible ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
Former Western Asset Management co-chief investment officer Ken Leech pleaded guilty to obstructing an investigation into a fraudulent trading scheme that disadvantaged certain clients. At the US Attorney's Office for the Southern District of New York ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives. ASIC described the court action ...

Imprisoned fraudster's wife banned by ASIC

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASIC has disqualified Shashikumari Agrawal (Mrs Agrawal), the wife of the imprisoned director Krishnakumar Agrawal (Mr Agrawal), from managing corporations for five years due to her role in the collapsed Mansa Group. Mrs Agrawal and Mr Agrawal were ...

Top campaigns of the year recognised at MAX Awards

STAFF WRITER  |  FRIDAY, 12 JUN 2026
Leaders in Australia's financial services industry came together last night to celebrate the 32 nd annual MAX Awards with the top campaigns being recognised. The community initiative of the year award was won by UniSuper for its STARS project. The ...

Franklin Templeton launches two active ETFs in Australia

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
Franklin Templeton has launched two new active ETFs on the ASX, the Franklin Global Systematic Equity Fund Active ETF (FGSE) and the Western Asset Enhanced Income Fund Active ETF (FEIF). This brings its total local active ETF range to nine products. ...
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