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Showing 21 - 30 of 682 results for "Proceedings"

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
Interprac Financial Planning has commenced Federal Court proceedings against the Australian Financial Complaints Authority (AFCA), believing it has not been treated fairly. Sequoia Financial Group, Interprac's parent company, said the case relates ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
... financial advisers have been banned by ASIC in respect of advice provided in relation to Shield. ASIC has also commenced proceedings against MWL, former director Nicholas Maikousis and Imperial Capital Group over alleged Shield advice failures. In February ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... said in the six-month period, 123 investigations were launched and 518 surveillances were completed; 23 new civil proceedings were filed, 11 new criminal prosecutions were commenced, and 17 criminal convictions were recorded against individuals; and ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... Press as independent chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty proceedings in the Federal Court against InterPrac. Sequoia is expected to complete its statement of claim in mid-March 2026. "The review ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
... members best interests are protected through this process" and it does not change EQT's intention to defend the court proceedings brought by ASIC. The super funds under the group's trusteeship currently include AMG Super, Centric Super Fund, HUB24 Super ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... fully cooperated with ASIC's investigation to date. "The company will keep the market informed of progress of the proceedings in accordance with its disclosure requirements. The company is of the view that no reliable estimates can be made either ...

Another MWL Financial Services adviser banned

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
... Services licence, banning one of the firm's directors and its responsible manager. ASIC has also sought to commence proceedings against MWL former director Nicholas Maikousis and Imperial Capital Group over alleged Shield advice failures.

Government consults on victim access to child sex abusers' super

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... order of bankruptcy against the perpetrator or if they are yet to be discharged from a bankruptcy order; if family law proceedings involving property splitting are underway; or where proceeds of crime proceedings or proceedings relating to corruption ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
Ahead of Christmas, ASIC commenced civil penalty proceedings against BDO Audit (WA) and its director Dean Just alleging it made misleading statements, while failing to take reasonable steps to ensure reports were factually accurate for an ASX-listed ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... believes the scale of total misreporting could be between 298 million and 1.5 billion short sales. ASIC lodged civil proceedings against MSAL in the NSW Supreme Court in May. MSAL has also admitted to incorrectly reporting regulatory data for more than ...