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Showing 341 - 350 of 6442 results for "regulatory"

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... remove the content from publication and self-reported the incident to ASIC," the super fund said. "HESTA takes our regulatory obligations very seriously. We have cooperated with ASIC and taken appropriate action to address its concerns, including further ...

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... relation to the advice. ASIC commissioner Alan Kirkland warned that the next steps involved a consideration of a range of regulatory responses. "This includes enforcement action where we have significant concerns about client detriment in relation to ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
Metrics Credit Partners has strongly supported ASIC's calls for the private credit industry to deliver enhanced standards and says it looks to play a leading role in the process. ASIC's deep dive into the private credit sector revealed fund managers ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... cheaper. The annual stablecoin market is already bigger than the combined volume of Visa and Mastercard." To strengthen regulatory oversight across the sector, ASIC has recently updated its guidance to classify most digital asset products as financial ...

ASIC considers 'cooling off period' for super switching

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
ASIC chair Joe Longo has said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and Shield "catastrophe". "No one wants to preside over a problem like this if there are some potential solutions. ...

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

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... will also seek to address areas of identified poorer practices within wholesale private credit funds by updating our regulatory guidance to make it more clearly applicable to wholesale funds," ASIC said. "We will also continue using our surveillance ...

Feature: Retirement | The right mix

LACHLAN COLQUHOUN  |  WEDNESDAY, 5 NOV 2025
... "We're suggesting this should complement the existing system of advice and guidance and education," says Van Wyk. Regulatory and legislative constraints which prevent the fund from being more proactive mean that some people do nothing and lose tax ...

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

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Cboe calls time on Australian market

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... chief operating officer Chris Isaacson said. "Cboe Australia and Cboe Canada have benefited greatly from a supportive regulatory environment, and we're grateful to these regulators for fostering competition. We will work closely with regulators and ...