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Showing 261 - 270 of 4153 results for "Action"

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... for promoting high-risk products and providing unlicensed financial advice. The warnings were part of a Global Week of Action Against Unlawful Finfluencers, which saw ASIC participate in a coordinated effort with several international regulators to crack ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... the market manipulation rules very seriously and as demonstrated in this matter, we will not hesitate to take enforcement action where appropriate," he said. A sentencing hearing is yet to be scheduled.

Government to convene a productivity roundtable

ANDREW MCKEAN  |  WEDNESDAY, 11 JUN 2025
Prime Minister Anthony Albanese announced at the National Press Club yesterday that Treasurer Jim Chalmers will convene a roundtable in August to support and shape the government's growth and productivity agenda. Albanese said the roundtable will bring ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
The super funds that saw member accounts breached by cybercriminals in April have been instructed to undertake a "special purpose engagement," as APRA asks all trustees to review their compliance with Prudential Standard CPS 234 Information Security. ...

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
... as provide retail investors with more wealth creation opportunities." Additionally, ASIC is also announcing a class no-action position where an eligible company accepts an application during the exposure period, which applies to offers of non-quoted ...

ASIC grants no-action on deficient advice fees consent

JAMIE WILLIAMSON  |  FRIDAY, 6 JUN 2025
ASIC has granted a limited no-action position in response to an issue related to the inclusion of account numbers in a client's written consent for the deduction of ongoing advice fees. ASIC is reminding financial advisers and superannuation trustees ...

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... two Treasury advisers with the Minister," Johnston said. "There was obviously never going to be any decisive immediate action from our session, but we came away thinking the Minister will listen, he will understand, will always act in the best interests ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
ASIC is facing growing pressure to up the ante on regulating private markets, particularly private credit, as key stakeholders fear offerings are becoming increasingly accessible to retail investors. In response to the inaugural discussion paper that ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... amass eyewatering fortunes, often without lifting a finger," Muli said. "The single most urgent, structural, and strategic action that the Australian government can take now is to rapidly and radically reduce the gap between the super-rich and the rest ...

Global stock markets rally, but Trump's next post could flip the script

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... Colosimo said there were several factors that drove markets higher; first on the checklist was the Trump administration's action around tariffs. "... as far as markets are concerned, a sharp increase in tariffs - it's not good for growth, it's ...