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Showing 211 - 220 of 1100 results for "Notice"

Wilsons Advisory fined $550k by ASIC MDP

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... reported many trades as Trade with Price Improvement (TWPI). The $548,328 penalty was paid to comply with an infringement notice the MDP issued Wilsons following a review of transactions found 2306 trades were executed away from an order book and reported ...

Another Diversa offering bites the dust

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
... will close as part of the consolidation. All members will become members of HUB24 Super unless they elect otherwise. The notice sent to members coincided with Diversa have additional conditions placed on its RSE licence by APRA, with the regulator flagging ...

ASIC commissioner to join Vanguard

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
ASIC commissioner Sean Hughes is set to lead Vanguard Australia's legal and compliance function. Hughes was due to end his five-year term in December but will now finish up on February 3. "We are grateful for the contribution Sean has made to ASIC ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... representations were factually incorrect. BME paid the infringement notices on 3 January 2023. Payment of an infringement notice is not an admission of guilt or liability, ASIC noted. "ASIC issued eight infringement notices for alleged greenwashing in ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
ASIC and the Reserve Bank of Australia (RBA) have acted to ensure the ASX keeps the current CHESS until a replacement is successfully administered. ASIC issued notices to the ASX requiring it to produce a special report regarding the ongoing operation ...

ASIC commences proceedings over failure to comply

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... trades as Provide Capital, seeking the court's intervention under s70 of the ASIC Act. ASIC said it previously served a notice to produce documents on Provide Capital as part of an ongoing investigation. ASIC has alleged Provide Capital failed to produce ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
Vanguard Investments has become the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS) for the Vanguard International Shares ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Crescent Wealth has responded to a significant event notice that said the fund's estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... communication to shareholders, members and the broader market is accurate and has a reasonable basis. "Companies are on notice that ASIC is actively monitoring the market for potential greenwashing and will take enforcement action, including Court action ...