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Showing 21 - 30 of 238 results for %22Australian Administrative Services%22

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... Australia's top 10 custody and asset services providers with $25.8 billion in assets as at 30 June 2022, according to the Australian Custodial Services Association. In recent months Apex has been awarded local mandates by Foord Asset Management, Octopus ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... Spaceship chief executive Paul Bennetts was also banned in 2022 after he was found to have dishonestly obtained his Australian Institute of Company Directors qualification by having a subordinate employee - a compliance officer - complete his assessments ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial Complaints Authority (AFCA) determinations. According to ASIC, QFML also didn't have the required professional ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Another ban for Sirius Financial

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... eight-year period each. According to ASIC, Sirius Financial (trading as 'Trade360') acted unconscionably and breached its Australian financial services licence obligations when it failed to address the conduct of Toyga Media (Toyga), an off-shore call ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
... imposed banning orders on Quantum Funds Management managing director Peter Gribble for failing to pay $2.5 million in Australian Financial Complaints Authority determinations. Gribble is banned from controlling a financial services business or being ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... close relation in December 2016 and 2017. The loans were submitted through his finance broking company, which held an Australian credit licence. "ASIC's investigation found Saman was not of good fame and character and was not a fit and proper person ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
... Master Fund and suggested they roll their investments from the Chiodo Diversified Property Development Class to the Australian Opportunities Class (AOC). During the course of this misconduct, Hutchinson misused personal information about investors by ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... approve a Statement of Advice, contraventions of financial services law, and refusal or failure to give effect to an Australian Financial Complaints Authority determination at least twice. However, the regulator also explained that it may choose to convene ...

Foord appoints Apex Group to support Australian launch

CASSANDRA BALDINI  |  TUESDAY, 12 JUL 2022
... its new Australia-domiciled fund. Foord recently announced its expansion into the local market with its Global Equity Australian Feeder Fund that invests exclusively in the Foord SICAV- Foord Global Equity Fund (Luxembourg). At the time, it appointed ...