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Showing 31 - 40 of 5582 results for "ASIC"

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... question are against the Wealthon Vault Development Fund, which is a private credit fund, and The People's Equity Fund - which ASIC alleged the TMDs for both "inappropriately" suggest they do not serve their intended objectives, including capital preservation ...

MaxCap appoints chief executive

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... products including retail and wholesale funds that are either listed or unlisted. MaxCap was one of the firms reviewed. While ASIC noted some players are doing the right things by investors, many are not doing so on a "material" basis. In a May interview ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... Enhanced Regulatory Sandbox lets eligible businesses test certain financial products and services without first obtaining a full ASIC licence," Mulino said. "The review looked at the role of regulatory sandboxes in supporting financial innovation in ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
... review, initiated by the Council of Australian Life Insurers (CALI), commenced in October 2025, was spearheaded by former ASIC deputy chair Peter Kell. Explaining the findings of the report, Kell said the approach to mental health was an area of particular ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... ASIC's five-year ban on providing personal financial advice to three years upon appeal. Henry was initially banned by ASIC while he worked at MWL Financial Services over advice failures linked to recommendations of a managed fund to three client ...

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
... paper considers multiple options to improve accountability from firms, including requiring them to receive a licence from ASIC and operational separation to reduce conflicts of interest. "We've seen a pattern of opportunistic and unethical and unfair ...

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
... scheduled to return on 21 August 2026 for a sentence mention. The case is one of several recent criminal prosecutions pursued by ASIC targeting the misuse of investor funds and director misconduct, as the corporate regulator continues to emphasis enforcement ...

Future Group to internalise super trustee structure

MATTHEW WAI  |  MONDAY, 29 JUN 2026
... WTW's strong history in the sector to build its future governance model, the group said. Stewarda will be chaired by former ASIC deputy chair Jeremy Cooper, joined by Keri Pratt; Shailendra Singh; Virgina Mailey; Sharon Davis; and Lee Brennan as ...

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 ...