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Showing 191 - 200 of 5582 results for "ASIC"

Petra Capital fined over misreporting of 15k trades

MATTHEW WAI  |  THURSDAY, 5 FEB 2026
... on 3632 occasions. It was caused by a system update and affected 14,741 trades between 3 March 2022 and 5 December 2023, ASIC said. Following an ASIC query regarding some inaccuracies in Petra's origin of order references (to identify the clients) in ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
ASIC is urging super trustees to strengthen their anti-scam and fraud practices after a review found "significant" gaps in communications to members. Following an assessment of scams and fraud-related website content across 47 super funds, benchmarking ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
... Chlamer said the Albanese Government will recommend to the Governor-General that Court be appointed as the next chair of ASIC. "Ms Court has been an excellent deputy and she'll be an outstanding chair. She is an experienced litigator and leader and ...

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... than $1 million. Clime also shuttered its Australian Income Fund, which at the end of October 2025 was under a preliminary ASIC investigation. Baragwanath said the "company experienced material adverse impacts arising from ASIC attributed statements ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... contraventions took place between 5 October 2021 and 5 October 2023. Australian Unity in response said: "AUFM co-operated with ASIC in its investigation, and AUFM agreed that it contravened s 994E(3) of the Corporations Act when it failed to take reasonable ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
ASIC penalised 28 self-managed superannuation fund (SMSF) auditors in the first half of FY26, including the cancellation of 22 registrations. ASIC said its action relates to breaches of obligations and standards, including failures to comply with auditing ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... between 20% and 23%. This includes operating expenses of between $25 million and $35 million related to the response to the ASIC inquiry. ASX said the key driver for the increase in total expenses has been due to further upgrades in its resources to ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... million in pecuniary penalties over the way in which it promoted and operated its crypto product Qoin Wallet. According to ASIC, BPS Financial advertised the product as a non-cash payment facility linked to the digital crypto token called Qoin. In 2024 ...

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA  |  WEDNESDAY, 28 JAN 2026
... information or a material increase in the cost for them responding," the submission read. The FAAA said it supports the use of an ASIC-approved form for the provision of consent by the client to the issuing of protected genetic information to the insurer. ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... guilty to dealing with more than $180,000 when it was "reasonable to suspect those funds were the proceeds from a crime", ASIC said. ASIC said the funds were derived from suspected international scams that targeted Australian investors. "At the time ...