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Showing 21 - 30 of 338 results for "Watchdog"

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... first discussion paper on the dynamics between public and private markets and a range of ongoing issues the corporate watchdog has dealt with over the past six months.

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... Wallet Ventures (previously known as Finder Wallet) is an AUSTRAC-registered digital currency exchange. The corporate watchdog initially alleged the crypto platform provided unlicensed financial services, breached product disclosure requirements, and ...

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... investigating potential breaches of compliance plan obligations. "Failing to plan is planning to fail," the corporate watchdog warned. Out of the three obligations, the approach to DDO requirements was the poorest, followed by the treatment of IDR requirements. ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... advising the policyholders that their particular medical conditions were excluded, and no benefit was payable. The corporate watchdog alleges these statements were false or misleading as the policy terms applicable held by the policyholders did not exclude ...

UK watchdog to open Australian office

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
The UK's Financial Conduct Authority (FCA) will open an office in Australia so that the regulator can assist UK firms in entering the local market and vice versa. To be based in Australia from July, Camille Blackburn has been appointed director, Asia ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... processing the winding up and liquidation in March, to which, the court has acted swiftly in favour of the corporate watchdog. The Federal Court also appointed Paul Allen of PKF Melbourne as receiver to the property of Anderson. As a result, the entity ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
ASIC chair Joe Longo is keeping all options open before the corporate watchdog is forced to intervene in the private markets, he told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... announcement comes amid ASIC's increased scrutiny of private markets, particularly private credit where the corporate watchdog is paying heightened attention to. According to the Reserve Bank of Australia (RBA), the private credit sector amounts to about ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... to "stop practices that lead to poor consumer outcomes and trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers greater control in ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...