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Showing 241 - 250 of 5203 results for "2015-16 ASIC"

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
ASIC has released the findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025, after reviewing 254 companies. Report 819 ASIC's oversight of financial reporting and audit 2024-25 outlined findings from company ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... business without an Australian financial services licence (AFSL) or operating an unregistered managed investment scheme, ASIC said. Between July 2013 and October 2018, Marco obtained over $36.5 million from nine investors with the intent to defraud ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... Facts and Admissions with the Federal Court on October 28 and is listed for hearing on November 13 for the court to approve. ASIC launched legal proceedings against Cbus over delays in the processing of insurance claims made by members in November 2024. ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
ASIC has confirmed that it will start categorising some digital assets as financial products under updated guidance, while providing plenty of time for those that need to fulfill new requirements. Firms providing services related to digital assets that ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... APRA in prudential standards and ASIC in licensing, consumer credit, privacy and oversight of frameworks and governance. ASIC granted Morningstar an AFSL in October, enabling the firm to continue issuing credit ratings for consideration by wholesale ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
Mayfair 101 managing director James Mawhinney is appealing the Federal Court's decision to bar him from dealing in financial products for 15 years. Last month, the Federal Court upheld a previous decision to ban Mawhinney from receiving or soliciting ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... unless restrained, Merhi will continue to provide financial product advice in a manner that contravenes the Corporations Act. ASIC also obtained orders for the appointment of a receiver to identify all Merhi's assets and liabilities to be provided ...