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Showing 21 - 30 of 424 results for "Financial Services business"

ASIC bans another former Lighthouse Partners director

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... ban prevents Archibald from providing any financial services, performing any function involved in financial services business, and controlling any entities that uphold a financial services business. The ban order was made effective from 30 June; however ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... sole director. The court found Hodgson, MacroLend and Great Southland each conducted an unlicensed financial services business between 2015 and 2023. ASIC said this was of significant concern as MacroLend and Great Southland raised around $109 million ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... risk" that Mawhinney will re-enter the fray and conduct, most likely through corporate vehicles, a financial services business that "adopts a financially reckless approach that exposes the investing public to significant risk of loss". He may also fail ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... Marco and AMS Holdings. The court also ordered that Marco be permanently restrained from carrying on a financial services business without an Australian Financial Services Licence or operating an unregistered managed investment scheme.

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... corrections order since late last year, is permanently suspended from providing any functions of a financial services business. An ASIC investigation found that, between April and October 2019, Trevillian forged four portfolio performance verification ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... approval for the new allegations, ASIC will seek injunctions prohibiting Merhi from any involvement in a financial services business and wants a receiver appointed to his personal property. Provisional liquidators are also being sought for Venture Egg ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... Tohill has also been banned. He cannot provide any financial services or serve in any capacity in a financial services business for five years. Tohill was also on the investment committee that recommended Shield be added to the APL and he reviewed and ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... result, Rankin has been suspended from providing financial services and engaging in any function at any financial services business for four years. Rankin has the right to appeal the decision to the Administrative Review Tribunal.

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... Management strategies. "These updates to our brand reflect our commitment to building an innovative financial services business that continues to unearth unique opportunities across investment management and specialist financial services," Magellan chief ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... in the shares. Between 4 January 2024 and 8 October 2024, the regulator also alleged he operated a financial services business without an AFSL. Based in New South Wales' Blue Mountains, Forrest previously worked as a business analyst for Neilson's ...