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Showing 451 - 460 of 8706 results for "Regulator"

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
... is inadequate supervision of these functions, particularly when they are outsourced internationally," ASIC said. The regulator also warned that licensees must consistently apply the same standards required of Australian-based third-party service providers ...

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS  |  FRIDAY, 10 OCT 2025
A new report by anti-poverty organisation Oxfam Australia (Oxfam) revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million in 2022-2023. Findings indicate that on average, each of these individuals received ...

ASIC bans another former Lighthouse Partners director

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... Archibald from providing financial services for 10 years, for fees for no service (FFNS) conduct. This comes after the regulator also banned Lighthouse director, shareholder and adviser Kiriley Roper for a period of 10 years after she was found to have ...

Netwealth separates itself from First Guardian: 'A case of fraud'

ELIZA BAVIN  |  THURSDAY, 9 OCT 2025
Netwealth has continued to separate itself from the collapse of First Guardian, saying it was a "case of fraud". In its September quarterly business update, Netwealth said it was working cooperatively with industry bodies and regulators in relation ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... technologies, cyber resilience and data analytics, had paid dividends. "ASIC is becoming the modern, confident and ambitious regulator that Australians need," Longo said. The regulator commenced 252 formal investigations in the full year, compared to ...

La Trobe appoints new liquidity chief

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... us well for the next phase of growth." This comes after La Trobe had three stop orders imposed on it by the corporate regulator last month. ASIC withdrew restrictions for the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund in late ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
The government has introduced the payday superannuation bill in the House of Representatives today. First flagged in 2023-24 Federal Budget, the legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... Nexia. None of the 15 auditors proactively reported the potential breaches to ASIC, despite receiving a reminder from the regulator last October. Following the review, Nexia Perth was ordered to pay $78,250 this month for failing to audit a listed company ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
ASIC will allow Cboe Australia, a subsidiary of Cboe Global Markets, to list new companies on its platform, directly competing with the Australian Securities Exchange (ASX). ASIC flagged the possibility of an approval in August. Historically, Cboe Australia ...