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Showing 401 - 410 of 5372 results for "2015-16 ASIC"

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements made in its 2023 annual report. The fund ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... the longstanding obligation for advisers to act in clients' best interests. For clients that were given improper advice, ASIC concluded that advisers were not basing all judgements on their relevant circumstances. This included "inappropriately using ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... calls for the private credit industry to deliver enhanced standards and says it looks to play a leading role in the process. ASIC's deep dive into the private credit sector revealed fund managers downplay risks of products and flout basic disclosure ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... is already bigger than the combined volume of Visa and Mastercard." To strengthen regulatory oversight across the sector, ASIC has recently updated its guidance to classify most digital asset products as financial products. The government has also commenced ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... KKR, Ares and RELI Capital. While some are doing the right things by investors, many are not doing so on a "material" basis. ASIC went as far as to say that some are potentially contravening financial services laws in the newly released Report 820: Private ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... products that include the cryptocurrency can become financial products under the updated guidance of Information Sheet 225. ASIC is reminding entities and their advisers to rigorously assess whether their digital asset products fall within the definition ...

Number of AFSLs plateaus: Rainmaker

ELIZA BAVIN  |  MONDAY, 3 NOV 2025
At end September 2025 there were 15,446 ASIC-registered financial advisers in Australia, according to the Rainmaker Financial Adviser report. Over the year to September, there was a decrease of 71 advisers, with 10 leaving the industry in the September ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... funds raised from around 400 investors under the premise of investing in ASX-listed shares to generate returns. At the time, ASIC believed at least $53 million was at risk. Now, it's believed to be more than double this at $131 million. Per the court ...

Cboe calls time on Australian market

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... continuing to deliver for the local market and investors, noting that ASIC has been fostering competition through its support. ASIC recently approved Cboe Australia's listing application to further level the playing field with the ASX. "Our Australian ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ...