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Showing 21 - 30 of 1867 results for "Authority"

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... creditors, noting two lead determinations have been made against the licensee by the Australian Financial Complaints Authority (AFCA) regarding its involvement in the Shield and First Guardian collapses. "Sequoia believes that concern is unfounded," ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... treatment of counterfactual loss for CSLR-eligible financial advice complaints. The Australian Financial Complaints Authority (AFCA) generally determines loss in financial advice complaints using a counterfactual ('but for') approach, comparing the consumer's ...

Sale of Interprac raises eyebrows at ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 8 APR 2026
... Interprac's creditors, including its liabilities in relation to complaints sitting with the Australian Financial Complaints Authority (AFCA) regarding the collapse of the Shield and First Guardian Master Funds. There are currently more than 900 open ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... SMSFs from CSLR eligibility entirely but still be able to make a complaint with the Australian Financial Complaints Authority (AFCA). For the next steps, Mulino said: "I will convene a second CSLR and consumer protection roundtable in the coming weeks ...

APRA shuffles executive director lineup

ELIZA BAVIN  |  TUESDAY, 31 MAR 2026
The Australian Prudential Regulation Authority (APRA) has appointed two new executive directors to fill recent vacancies. Peter Kohlhagen has been promoted from general manager of superannuation to executive director of policy and advice following the ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
The Federal Court has ordered Oztures Trading, known as Binance Australia Derivatives, to pay $10 million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings ...

AFCA names inaugural chief scams officer

MATTHEW WAI  |  THURSDAY, 26 MAR 2026
The Australian Financial Complaints Authority (AFCA) has named its inaugural chief scams officer, as flagged earlier this month. David Lacey has been appointed to the newly created role. Most recently, Lacey was the founder and chief executive of IDCARE ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... patiently fighting to reclaim her superannuation money, regularly communicating with the Australian Financial Complaints Authority (AFCA). On top of this and her job, she finds time to educate and support other victims. Kee is part of the First Guardian ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
... within self-managed super fund accounts." Given the InterPrac complaints made to the Australian Financial Complaints Authority (AFCA), Sequoia said if the sale completes, the new owner "may elect to withdraw or accelerate the AFCA determinations and ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... support services available within the Sequoia group." Sequoia is currently suing the Australian Financial Complaints Authority (AFCA) for a December 2025 determination relating to one of its representatives and advice provided regarding the Shield Master ...