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Showing 271 - 280 of 354 results for "Australian Financial Services Licence"

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
ASIC has cancelled the Australian Financial Services licence of Teys Property Funds after the firm went into external administration earlier this month. Teys is now known as TPFL Ltd. The firm is the responsible entity of eleven property and mortgage ...

SA adviser banned for no AFSL

ASIC RELEASE  |  THURSDAY, 18 MAR 2010
... services for five years, after giving out trading and advice services without having an Australian Financial Services Licence. The banning of Fleetwood follows an ASIC investigation of his conduct while a director of Fleetwood Advisory Group from December ...

ASIC cancels Hedge Securities licence

ASIC RELEASE  |  THURSDAY, 18 FEB 2010
... phone calls, no longer in operation - ASIC has cancelled Hedge Securities and Investments's Australian financial services licence after finding the company had ceased to carry on a financial services business. ASIC found that Hedge Securities and Investments ...

ASIC presses on with Westpoint compensation

ASIC RELEASE  |  MONDAY, 30 NOV 2009
ASIC has reached an agreement to settle class actions against Bongiorno Financial Advisors, which has links to the failed Westpoint Group. An ASIC statement late last week noted that the watchdog had agreed to settle actions against Melbourne-based ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
... its provision of advice to investors in relation to the Westpoint Group, and breached its Australian financial services licence. PIS was one of seven Australian financial service licensees against whom ASIC commenced proceedings for compensation on behalf ...

PIS in Westpoint compensation deal

ASIC RELEASE  |  TUESDAY, 15 SEP 2009
... alleging that PIS, in providing such advice, was negligent and breached the conditions of its Australian financial services licence. The settlement with PIS, if approved by the court, will result in compensation being paid by PIS - details of which will ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
... was not. West carried on a financial services business while not being the holder of an Australian financial services licence, and did not provide a product disclosure statement in connection with making offers to retail clients to issue interests in ...

SMSFs targeted in $428k swindle

ASIC RELEASE  |  FRIDAY, 21 AUG 2009
... dishonest conduct in relation to a financial product. Neither Mr. nor Mrs. White held an Australian financial services licence. Both were sentenced in the Victorian County Court.

QSuper bulks senior investment team

COMPANY RELEASE  |  WEDNESDAY, 29 JUL 2009
... Regulation Authority. This is in addition to QSuper Limited's successful application for an Australian Financial Services Licence to provide general financial product advice on superannuation. The QSuper Board of Trustees governs QSuper, the superannuation ...

Broker gets permanent ban from ASIC

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
... financial services law by carrying on a financial services business while not holding an Australian Financial Services Licence. "ASIC will not hesitate to ban individuals who disregard their obligations under the Corporations Act 2001. The permanent ...