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Showing 11 - 20 of 224 results for "Financial Report"

ASIC issues $2.2m infringement notices

ANGELIQUE MINAS  |  THURSDAY, 11 DEC 2025
... not lodged financial reports. Of these, ASIC alleges that 70% (151) were non-compliant having failed to lodge a financial report for one or more financial years. Following the query, 103 of these companies lodged financial reports and an additional 41 ...

FX coaching platform handed additional conditions over compliance failures

MATTHEW WAI  |  WEDNESDAY, 26 NOV 2025
ASIC has imposed additional licence conditions on Learn to Trade (LTT) after it failed to comply with financial services laws over delayed lodgement, commanding it to appoint a consultant to review the business. LTT was granted an AFSL in January 2010 ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
Directors of Sheffield Insurance Pty Ltd (trading by the name of Sheffield Insurance Services), Phillip Bird and Daniel Holmes, have been convicted of two offences and fined $15,000 over failure to lodge financial statements and auditors' reports with ...

ASIC not acting as a 'market maker': Constant

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
ASIC commissioner Simone Constant said superannuation funds are working well with the regulator in terms of their investments in private markets, but said as whole, more needs to be done by all large investors. Constant said the regulator's increased ...

Pacific Current appoints new managing director

ANGELIQUE MINAS  |  FRIDAY, 14 NOV 2025
Pacific Current Group has appointed Michael Clarke as managing director, effective November 13. It has also appointed Ron Patel as acting chief financial officer, effective December 1. Clarke has been executive director and acting chief executive of ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... drive improved practices. REP 819 is the third and final report from ASIC's expanded program of work to improve financial report and audit quality, the regulator said. "ASIC's expanded program of work revealed that improvement is needed in delivering ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
Registrable superannuation entities (RSEs) must do more to ensure asset valuations in financial reports are reliable and improve disclosure of sponsorship and advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... ASIC added allegations against Merhi, claiming he engaged in "unconscionable conduct". In releasing its 2025 financial report recently, Crole told Sequoia Financial Group investors that "proactive action" was taken in closing new business in Shield in ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Bell Financial Group (BFG) saw net profit after tax slump by 44% in its latest performance update, dragged by market volatility impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
An interim report from the Productivity Commission (PC) has recommended Australian companies switch to digital financial reporting to allow for data to be better extracted. The report looked at how Australia can better harness the data contained in ...