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Showing 231 - 240 of 5584 results for "ASIC"

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... committed to active engagement and co-operation with the regulators." APRA said it will continue to coordinate closely with ASIC on the regulatory response to weaknesses identified in platform trustees. Speaking at the Equity Trustees annual general ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... will not affect underlying operating cash flow or the ongoing performance of the group's core business units," Sequoia said. ASIC is currently suing Sequoia's subsidiary Interprac Financial Planning, alleging its financial advisers provided thousands ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... subrogation rights to pursue recoveries under PII policies. To further strengthen regulatory settings, stakeholders want ASIC to exercise its powers to require licensees to maintain PII for the same length of time as they are required to maintain (Australian ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
... market operator's reset, and responding to the Interim Report released today by the panel of the Inquiry into the ASX Group. ASIC said it obtained commitments from the ASX on reforms including: strengthening the independence and governance of ASX's Clearing ...

AustralianSuper names chief platforms officer

MATTHEW WAI  |  MONDAY, 15 DEC 2025
... risk management, as well as enterprise and solution architecture, AustralianSuper said. He is also currently a member of the ASIC cybersecurity consultative panel. Backeberg brings over 30 years of experience across South Africa and Australia, including ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
... legislative and prudential obligations, while summarising prevention, detection, and response expectations under existing APRA and ASIC guidance. The toolkit also sets out common fraud and scam risks, such as unauthorised transfers, rollover fraud, and ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
... see the same risk happening in Australia," she says. Coincidentally the Australian Securities and Investments Commission (ASIC) has turned a spotlight on the growth of the $200 billion industry in Australia, signalling that it may need tighter controls ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... levy based on capacity to pay is the most just of the many unjust possible options," Abood said. "However, by choosing the ASIC funding levy as the basis for allocation, rather than spreading the impact on the basis of capacity to pay, the Minister has ...