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Showing 31 - 40 of 952 results for "AFSL"

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
... by InterPrac. On 5 March 2024, he became a director of Conexus Group. As part of the ban, ASIC has cancelled Conexus' AFSL until 31 July 2026. This is so that Conexus can sever its relationship with Reilly and update its licence arrangements. The ...

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
... authorisation provided by the National Tax & Accountants' Association's (NTAA) Australian financial services licence (AFSL). According to Padua WealthData, there was a net decline of 88 advisers this week, 85 of which had been tied to SAN. Of ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... interests. "There's a real argument that we're going to look into in detail as to whether or not they should be covered by AFSL licences [sic] or the financial sector law in particular. And there's a good argument that given the quantum of ...

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
... Benjamin Godfrey, the former director and responsible manager of ISG Financial Services Limited (ISG). ASIC suspended ISG's AFSL in July 2022 after it found it failed to meet statutory audit and financial reporting lodgement obligations. The license ...

Coinbase receives AFSL, plans product expansion

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
Coinbase Australia, a subsidiary of Coinbase Global, has been granted an Australian financial services licence (AFSL), as the crypto exchange looks to expand into traditional financial products leveraging digital asset infrastructure. Shortly after ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... consumer decision making in relation to financial products or services. Ultimately, this will require lead generators to hold an AFSL and comply with the additional regulatory obligations under the licensing regime. Anit-hawking prohibitions in the Corporations ...

ASIC disqualifies crypto fund director for five years

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... Digital Commodity and DCA Capital. He also failed to ensure that DCA Capital held an Australian financial services licence (AFSL) and exercise due care and diligence for both entities. Similarly, he did not complete the report on company activities and ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
Digital assets providers will be required to obtain an Australian financial services licence (AFSL) under new legislation. The Corporations Amendment (Digital Assets Framework) Bill 2025, which amends the Corporations Act 2001 and the Australian Securities ...

Capstone launches back office service for self-licensed advisers

MATTHEW WAI  |  WEDNESDAY, 1 APR 2026
... business, focused on supporting self-licensed businesses to run and manage their own Australian financial services licence (AFSL). CapBack Licensee Solutions provides full support to self-licensed advisers, from setting up their AFSL to revenue management ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... Financial Standard it has ceased its derivatives business and voluntarily gave back its Australian financial services licence (AFSL) in 2023. "Binance Australia is committed to offering users in Australia innovative, compliant, and trusted products ...