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Showing 301 - 310 of 5584 results for "ASIC"

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... KKR, Ares and RELI Capital. While some are doing the right things by investors, many are not doing so on a "material" basis. ASIC went as far as to say that some are potentially contravening financial services laws in the newly released Report 820: Private ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... products that include the cryptocurrency can become financial products under the updated guidance of Information Sheet 225. ASIC is reminding entities and their advisers to rigorously assess whether their digital asset products fall within the definition ...

Number of AFSLs plateaus: Rainmaker

ELIZA BAVIN  |  MONDAY, 3 NOV 2025
At end September 2025 there were 15,446 ASIC-registered financial advisers in Australia, according to the Rainmaker Financial Adviser report. Over the year to September, there was a decrease of 71 advisers, with 10 leaving the industry in the September ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... funds raised from around 400 investors under the premise of investing in ASX-listed shares to generate returns. At the time, ASIC believed at least $53 million was at risk. Now, it's believed to be more than double this at $131 million. Per the court ...

Cboe calls time on Australian market

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... innovation and competition are the core components for continuing to deliver for the local market and investors, noting that ASIC has been fostering competition through its support. ASIC recently approved Cboe Australia's listing application to further ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
ASIC has released the findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025, after reviewing 254 companies. Report 819 ASIC's oversight of financial reporting and audit 2024-25 outlined findings from company ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... business without an Australian financial services licence (AFSL) or operating an unregistered managed investment scheme, ASIC said. Between July 2013 and October 2018, Marco obtained over $36.5 million from nine investors with the intent to defraud ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
Cbus has agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
... changes to legislation to ensure the independence of REs governing managed investment schemes, which were also shares with ASIC and APRA. "We believe the industry, working together, can come up with improvements that minimise the chance of these terrible ...