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Showing 301 - 310 of 5372 results for "2015-16 ASIC"

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
Clime Investment Management's John Abernethy will assume an operational role to lead the investment team. Abernethy will become director of investments and remain a director of the company. Meanwhile, Leo Economides carries on as chief investment ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... processes and governance systems and said such improvements "make it less likely that another similar contravention will occur". ASIC deputy chair Sarah Court commented there is no value to investors if product issuers develop a TMD for a product but ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
ASIC penalised 28 self-managed superannuation fund (SMSF) auditors in the first half of FY26, including the cancellation of 22 registrations. ASIC said its action relates to breaches of obligations and standards, including failures to comply with auditing ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... e-statements at a time of high trading volumes also contributed to the increase in expense guidance, it said. In December, ASIC obtained a commitment from ASX to improve its operational risk management, to accumulate an additional $150 million of capital ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... in misleading and deceptive conduct by making several false and misleading representations about the Qoin Wallet product. ASIC referenced that the ability of Qoin Tokens to be exchanged for fiat currency and other crypto-assets, the official approval ...

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA  |  WEDNESDAY, 28 JAN 2026
The Financial Advice Association Australia (FAAA) is concerned the proposal to ban life insurers' use of genetic testing results will have an adverse impact on the cost of life insurance and premiums for all Australians. In a submission, the association ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... guilty to dealing with more than $180,000 when it was "reasonable to suspect those funds were the proceeds from a crime", ASIC said. ASIC said the funds were derived from suspected international scams that targeted Australian investors. "At the time ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
ASIC has said operational failures by superannuation fund trustees as well as the rise of artificial intelligence (AI) will drive the local regulatory space in 2026. Operational failures among super trustees and administrators, such as delays in processing ...

Former UGC adviser's appeal against ASIC ban accepted

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
... when recommending clients to invest in the Global Capital Property Fund (GCPF) while he was a UGC authorised representative. ASIC was also concerned Petrovic did not act in his clients' best interests by providing inappropriate advice. He was also ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... to trade in Platinum shares before leaking details of the takeover to the media, making over $300,000 profit for himself, ASIC said. The Federal Court in Sydney sentenced Forrest to five years imprisonment for insider trading and two years for procuring ...