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Showing 241 - 250 of 696 results for "Financial products"

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... cryptoassets and related products and services to the extent they fall within the existing regulatory perimeter of financial products and services. How they are classified and regulated otherwise is a matter for government.

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
... Mawhinney is maintaining his innocence, fighting his 20-year ban from soliciting and receiving funds in relation to financial products. Mawhinney has retained Roberts Gray Lawyers and has lodged an appeal with the Federal Court of Australia, claiming ...

New Islamic advice group launches, hires from MSC

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... potential here is enormous - Muslim Australians are diligent savers and, given the choice, will always gravitate to financial products that align with their faith and values," Wolff said. "I am pleased to be joining Hakan and the leadership team as Hejaz ...

Iress partners with regtech for DDO

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... blockchain. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric approach" to the design and distribution of products. ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... same licensee or practice, but not their usual adviser. The present advice must be in relation to existing financial products that the client received advice on. The client must also be informed about any conflicts of interest, remuneration or benefits ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... counts of pretending to have a financial services licence and 18 counts of dishonest conduct in relation to financial products or services. Caddick was also charged with not holding an Australian financial services licence when she was required to. On ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... today's judgment will provide clear guidance to those financial institutions that develop campaigns to sell financial products through direct approaches to retail clients." The industry is already gearing up for DDO to come into effect and has developed ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... made false and misleading statements about the M Core Fixed Income Notes, advertising them as fully secured financial products when funds were actually lent to a related party and not secured, used to pay deposits on properties and used to purchase assets ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... data showed that between 3 March 2020 and 28 February 2021 there were 11,482 COVID-related complaints about financial products or services which equated to one in seven of all complaints. Travel insurance was the most complained about product for COVID-19 ...