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Showing 31 - 40 of 5264 results for "2015-16 ASIC"

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... products under ASIC's design and distribution obligations (DDO). The orders are valid for 21 days unless revoked earlier, ASIC said. These stop orders arose from ASIC's risk-based surveillance of managed investment schemes, as the market watchdog has ...

MaxCap appoints chief executive

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... to get more consistency across participants. Thomas Spencer will take over as the chief financial officer to replace Robb. ASIC has also put Australia's private credit sector on notice ahead of the financial year, calling on funds to ensure their ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... defined objectives, be integrated with the rest of ASIC, and incorporate monitoring and reporting on outcomes for participants. ASIC should review outcomes for participants (including time to licensing) after one year of operation," it said. "The most ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
The final report of an independent review of the Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... in ASIC's enforcement approach and the allocation of accountability across the advice and product distribution chain. ASIC has cancelled the AFSL of MWL, while Cor Cordis was appointed as liquidators last November. MWL remains a member of the Australian ...

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
Treasury has released an options paper to improve the regulation of accounting, consulting and auditing firms after the blowout from KPMG's whistleblower probe that found it used confidential client data in the pursuit of more tenders. The consulting ...

ASIC pushes to bolster competitiveness

ELIZA BAVIN  |  TUESDAY, 30 JUN 2026
ASIC has brought together market and financial services leaders in a push to bolster competitiveness in Australia's capital markets. This comes after new research found Australia needs to move quickly or be left behind as other jurisdictions adopt financial ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
A former Western Australian company director has pleaded guilty to dishonestly using his position to misappropriate more than $1.5 million raised from investors, who were told their funds would be invested in foreign exchange trading. Trent Bowden appeared ...

Future Group to internalise super trustee structure

MATTHEW WAI  |  MONDAY, 29 JUN 2026
Future Group is acquiring WTW's superannuation licensed entity, Stewarda, to establish trustee capabilities in house. The transaction is subject to APRA's approval. Stewarda holds an APRA extended public offer RSE licence allowing it to act ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ASIC has successfully held Mercer Super to account following its legal action launched last August. By its own admission, Mercer ...