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Showing 441 - 450 of 5204 results for "2015-16 ASIC"

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... adviser fee forms for 12 clients which purported to authorise withdrawals from their Wealthtrac superannuation accounts. ASIC said Valvo had created fictitious client file notes allegedly detailing conversations which purported to record some of his ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... paid the fine on 8 May 2025. The two infringement notices have been published on ASIC's infringement notices register. ASIC said insurance claims handling was a 2024 enforcement priority for the regulator, and failures by insurers to deal fairly ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... permanently banned by ASIC in 2015 after it found she engaged in dishonest conduct and in conduct that was misleading or deceptive. ASIC alleged Pearson created documents to disguise the fact she was funnelling client money into a bank account held in ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
Super Members Council (SMC) has submitted a paper in response to the Australian Securities and Investments Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 years. ASIC lodged proceedings against Macquarie Securities in the NSW Supreme Court, claiming that, between December 2009 and February ...

Former Qualitas duo launch funds management shop

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... $75 million for land subdivisions, townhouse estates, and mid-rise projects that have pipelines tied to the Olympic Games. ASIC figures show that close to 3000 construction firms collapsed in Australia in FY23-24, up 28% year-on-year, which has halted ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... Another five counts relate to falsifying books and annual returns under section 1307 of the Corporations Act 2001. In 2021, ASIC sought freezing orders against Dunjey, alleging at the time he operated without a licence and falsified financial records. ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... operation of those terms is modified by, or inconsistent with, provisions of the [Insurance Contracts Act 1 984 (Cth)]". ASIC first took action on HCF Life in May 2023, alleging it used unfair and misleading terms that can deter customers from making ...