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Showing 21 - 30 of 8795 results for "Regulator"

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair. Peter Kell brings decades of experience in consumer protection, financial services regulation and public policy to SCA and has previously served as ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... substantial shareholder in Sequoia. He also quit as a director of Sequoia and its subsidiaries. Crole exits amidst corporate regulator ASIC's action against InterPrac, alleging its advisers failed to act in clients' best interests. Together ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... diligence and already compensated members with $321 million and $100 million, respectively. Last year, the prudential regulator in a letter to trustees also called for them to lift standards when onboarding products on platforms. Since then, it has pulled ...

KPMG finds new chief executive

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
The embattled consulting firm has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal. KPMG named chief financial officer John Sams as its ...

Corporate hybrid issuance surges: Report

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
Corporate hybrids are re-emerging as a significant segment of the Australian dollar credit market, with QIC saying the asset class is benefiting from regulatory reforms, growing investor demand and changing rating treatment. In a new research paper ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... hardship requests. Adaca's analysis of the FOI data found the case count has not moved, yet the penalties have. The regulator lodged 29 civil proceedings in the 10 months to April 2026, roughly in line with the 33-per-year average across the previous ...

New 'high-risk' derivatives on the rise

MATTHEW WAI  |  MONDAY, 20 JUL 2026
... innovative financial product, known as perpetual futures contract (perps), are currently under the scope of the market regulator, spreading concerns that the "speculative" product may be unlawfully distributed towards retail investors. According to the ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
The Financial Services Credit Panel (FSCP) has cancelled the registration of financial adviser Peter Morrison-Dowd and banned him from providing personal advice to retail clients until at least September 2027 after finding multiple breaches of his legal ...

Prime Value licence suspended over reporting failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... failure to meet its statutory audit and financial reporting obligations for two consecutive financial years. The corporate regulator said Prime Value's licence has been suspended until 7 August 2026 after it failed to lodge its audited financial statements ...

Brighter Super hires legal chief from crisis-hit Corporate Travel

RIDDHIMA TALWANI  |  MONDAY, 20 JUL 2026
Brighter Super has appointed Corporate Travel Management's group chief legal officer and company secretary as its incoming chief legal officer. Shelley Sorrenson is set to take on the role, effective September 21. On Friday, Corporate Travel informed ...