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Showing 21 - 30 of 556 results for "Supervision"

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... ETSL acted in line with its fiduciary duties and obligations under the Corporations Act and Superannuation Industry (Supervision) Act. We believe that First Guardian is primarily a case of alleged and widespread fraud, and that the focus should be on ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from FY27 to strengthen ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
... advice or engaging in misleading or deceptive conduct, as well as commencing a review of several licensees and their supervision of 15 finfluencers operating under their licences. This comes as ASIC continues working alongside 16 global regulators as ...

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... relief until their applications are processed. From 18 months full implementation of the new regime, including ASIC supervision and enforcement, should have been achieved. "As part of the implementation process, ASIC intends to set certain standards ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... structures and disrupting harmful or misleading advertising. Part of the changes include imposing ongoing regulatory supervision over lead generation conduct and remuneration flows. Treasury would also target specific actions of lead generators that ...

ASX is 'compromised' and 'lacks aspiration': Final report

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... incidents and identified gaps. It added an area that requires more reflection is the execution of ASX's own market supervision responsibilities to monitor, supervise and enforce compliance with Operating and Listing Rules by participants and listed entities. ...

APRA shuffles executive director lineup

ELIZA BAVIN  |  TUESDAY, 31 MAR 2026
... and in regulation. He joined APRA in 2020 holding several leadership positions in its banking division across entity supervision and the specialist financial risk teams. Prior to joining APRA Diamond was with Deutsche Bank in the UK for more than 15 ...

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
... between himself and the clients, ASIC said. Hogan commenced his professional year training in February 2022 under the supervision of Merhi of Venture Egg, who has since been charged over his involvement in the Shield and First Guardian disaster. Merhi ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... Netwealth, Diversa Trustees and Equity Trustees have all announced they will tap Part 23 of the Superannuation Industry Supervision Act (SIS Act) to make their members whole, arguing the two MISs were fraudulent and they therefore do not consider themselves ...

Infocus reinforces focus on adviser support, governance with new hire

MATTHEW WAI  |  TUESDAY, 10 MAR 2026
... "Strong governance and oversight are fundamental to that. Phil's deep experience across compliance, risk and adviser supervision will further strengthen the guidance and support we provide across the Infocus community. "Phil's perspective and leadership ...