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Showing 21 - 30 of 354 results for "Australian Financial Services Licence"

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... consultation proposing to mandate digital asset providers offering financial products to hold an Australian financial services licence (AFSL). Meanwhile, the ASIC Corporations (Amendment) Instrument 2025/871 - registered on the same day - amends the ...

ASIC to monitor union redundancy funds

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
... service leave funds - or employee entitlement schemes - will be required to apply for an Australian financial services licence (AFSL) and comply with some managed investment provisions of the Corporations Act. Following Consultation Paper 384 Employee ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... proprietary company on both registers. Commenting, ASIC deputy chair Sarah Court warned Australian financial services licence (AFSL) holders that it is sternly cracking down on reporting failures. "It is important that AFS licensees lodge timely reports ...

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... According to the AML/CTF Act, a financial adviser or an authorised representative of an Australian financial services licence (AFSL) is providing an item 54 designated service, which requires the service provider to comply with only some of the AML/CTF ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... asset products fall within the definition of financial products, and, if so, to obtain an Australian financial services licence (AFSL) by the 30 June 2026 deadline.

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... Marco be permanently restrained from carrying on a financial services 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 ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... stablecoins, tokenised securities and digital asset wallets, are now required to carry an Australian financial services licence (AFSL) in line with Information Sheet 225 (INFO 225) and the recently proposed law reform by the government, which is currently ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... following the earlier suspension of four advisers in July. On August 25, ASIC cancelled MWL's Australian financial services licence (AFSL) and banned its director and responsible manager. Since February 2022, funds totalling more than $480 million have ...