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Showing 191 - 200 of 7032 results for "December"

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... by ASIC last month, in which the super fund was fined $40,000 for greenwashing. ASIC said between 15 April 2021 to 18 December 2024, HESTA placed paid advertisements on the Google and Bing search platforms which stated, 'HESTA is committed to remove ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... 2025/867 will provide class relief to distributors of eligible stablecoins and wrapped tokens, and was registered on December 8 and effective the following day. In September, ASIC has made a first-of-its-kind exemption for AUDM, a stablecoin issued by ...

1659 First Guardian, Shield complaints reach AFCA

KARREN VERGARA  |  MONDAY, 8 DEC 2025
... Australian Financial Complaints Authority (AFCA) has grown to 1659. AFCA said the latest figure represents the total as at December 3. AFCA did not provide a breakdown of how many related to Shield and First Guardian individually. ASIC estimates that ...

VanEck launches fixed-rate subordinated debt ETF

RIDDHIMA TALWANI  |  MONDAY, 8 DEC 2025
VanEck will launch a fixed-rate subordinated debt ETF on the ASX on December 12. The Australian Fixed Rate Subordinated Debt ETF (FSUB) will complement VanEck's SUBD strategy first introduced in 2019. SUBD currently has a total of $3.17 billion in assets ...

Padua ends joint CEO structure

ELIZABETH FRY  |  THURSDAY, 4 DEC 2025
... has shared with her brother since the business was founded in 2013. Esler will step down as co-chief executive on 31 December, with Matthew Esler taking on the sole managing director and chief executive role from 1 January 2026. In her new role, Anne-Marie ...

More than 2000 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  MONDAY, 1 DEC 2025
... qualifications standard by year end, ASIC urged them to consider having their licensee cease their authorisation on or before December 31. If they don't and they continue to be an existing provider when the deadline hits, they will not be able to resume ...

Betashares launches new Enhanced Credit Income ETF

ANGELIQUE MINAS  |  MONDAY, 1 DEC 2025
... enhancing yields through gearing at institutional borrowing rates, offering a running yield of 7.68% p.a. paid monthly, as at December 1. The gearing ratio is between 66.7% and 71.4%, with the geared exposure to vary between about 300% and 350% of the ...

ASX suffers another outage

ELIZA BAVIN  |  MONDAY, 1 DEC 2025
... operator of critical market infrastructure. The RBA pointed to recent shortcomings in risk management - particularly the December 2024 CHESS batch settlement incident - which it said highlighted that ASX must "make foundational changes to its governance ...

ASIC suspends Newcastle advice firm's AFSL over missing key person

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
ASIC has suspended the AFSL of Focused Financial Advice (FFA) until December 19, which has operated for more than two years without a key person. FFA was established in 2003 and provides financial services around superannuation, life insurance, retirement ...

Brookfield, GIC chase $4bn acquisition

ELIZA BAVIN  |  FRIDAY, 28 NOV 2025
... put forward a binding offer," NSR said. The board also provided the consortium with a period of exclusivity ending 7 December 2025. "During the exclusivity period, the parties have agreed to negotiate in good faith with a view to entering into a SIA ...