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Showing 11 - 20 of 898 results for "Australian Financial Services"

ASIC ceases a further 26 authorisations after review

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... the FAR, 132 individuals did not have any qualifications or training courses marked from some 82 Australian financial services licensees. Of those individuals, 106 records on the FAR have been updated to reflect they are, in fact, qualified, while 26 ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
ASIC has cancelled the Australian Financial Services Licence (AFSL) of Capital Guard after finding that it had engaged in dishonest conduct, including the selling of a fake bond and providing false documents to its auditor. ASIC said the licence was ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... Australia's evolving capital markets, ASIC said. According to its website, Stratfund promotes itself as an Australian financial services licensee, specialising in authorised intermediary, trustee and compliance services. It was founded in 2016 and based ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client signatures on service agreements and provided ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... unanimously found that Earner was, in fact, a financial product, and Block Earner consequently required an Australian financial services licence (AFSL), overturning the Full Federal Court's previous decision in 2025. The product was available between ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... which requires digital asset platforms (DAPs) and tokenised custody platforms (TCPs) to acquire an Australian financial services licence (AFSL) and oblige with consumer protection requirements. Bollen said 23 firms that contain crypto-related activities ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... of imposter scams across the sector. ASIC is now collecting and publishing website addresses for Australian financial services (AFS) licensees through its Professional Registers Search (PRS), allowing consumers to verify whether a website belongs to ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... notices and directed to refund customers' net deposits. Court said the decision reinforced that Australian financial services licensees remain fully accountable for misconduct conducted under their licences. "Entities that profit from their client's ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
... firm. Brite Advisors was placed into liquidation in February 2024, and ASIC cancelled the firm's Australian financial services license in April 2025. Duffy's ban has been recorded on ASIC'S banned and disqualified register. He retains the ...

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... closure of Count's restricted advice service, Merit Wealth, which operated under Count's Australian financial services licence (AFSL). As a result, Count no longer has restricted SMSF advisers. Financial Standard has reached out to Count for ...