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Showing 11 - 20 of 4614 results for "Holding"

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
ASIC has secured interim asset preservation and travel restraint orders against Star Investment Group Australia (SIGA) and Gondal Holdings, and the director of both entities Ijaz Ahmad, following investigations into its managed investment scheme. ASIC ...

Trading 212 to offer Australians low-cost trading to global markets

MATTHEW WAI  |  WEDNESDAY, 16 SEP 2026
... the platform places itself ahead against other competitors. "A lot of platforms in this category make their margin by holding onto clients' uninvested cash rather than paying interest on it. We've taken the opposite approach, we pay 5.2% back ...

Openmarkets taps $22tn tokenised market

MATTHEW WAI  |  MONDAY, 14 SEP 2026
... highlighted by BlockchainAPAC during its recent national roadshow in Australia. One of these is the "first-mover costs" that are holding back investment even though technology is no longer the principal barrier. Meanwhile, the government recently passed ...

First-mover costs stifle digital finance: report

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
... confidence that other participants will move with them." First-mover disadvantage Additionally, first-mover costs are holding back investment even though technology is "no longer" the principal barrier. "But regulatory clarity alone will not produce ...

'Easy peasy, done': Senate rips Equity Trustees' checklist governance

RIDDHIMA TALWANI  |  THURSDAY, 10 SEP 2026
... characterisation the trustee rejected. The committee revealed Equity Trustees' internal response to increasing members holding limit in a high-growth fund from 50% to 95% was three words: "Easy peasy, done." Senator Paul Scarr questioned Equity Trustees ...

ASIC zeroes in on recurring compliance breaches

VINNY VUCAGO  |  THURSDAY, 10 SEP 2026
... requiring attention after analysing annual FS70 fillings from AFS licensees. ASIC identified 10 licensees that reported holding less than $2 million in PI cover. In nine cases, the licensees had incorrectly understated the insurance they held and subsequently ...

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
The New South Wales Supreme Court has ordered ASIC to protect assets in the Deckchair Trust after an associated member sought to take sole control of the trust following winding-up orders. NSW accountant and former solicitor Christopher Edwards purportedly ...

Government backs Enhanced Regulatory Sandbox overhaul

VINNY VUCAGO  |  WEDNESDAY, 9 SEP 2026
... introduced in 2020, allowing individuals and businesses to test certain innovative financial and credit services without holding an AFSL or credit licence. The independent review, led by Maha El Dimachki, examined the design, operation and effectiveness ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... already acknowledged deficiencies in its due diligence framework relating to First Guardian and questioning why a 50% holding limit was never enforced despite being considered an important safeguard. "You list it. You let it rip. All profit, no responsibility. ...

Banned SMSF auditor sentenced for falsifying reports

VINNY VUCAGO  |  THURSDAY, 3 SEP 2026
... the time, ASIC said SMSF auditors were key gatekeepers for the sector, providing assurance over more than 625,000 SMSFs holding more than $990 billion in assets. Between July 2023 and June 2024, ASIC made 46 decisions involving approved SMSF auditors ...