Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 695 results for "Financial products"

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... oversight across the sector, ASIC has recently updated its guidance to classify most digital asset products as financial products. The government has also commenced consultations with the industry to better legitimise digital assets, but Titman said ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... Australians," Ead said. It follows ASIC's updated guidance last week, which reclassified most digital assets as financial products, including stablecoins, wrapped tokens, tokenised securities, and digital asset wallets. While Bitcoin itself does ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
ASIC has confirmed that it will start categorising some digital assets as financial products under updated guidance, while providing plenty of time for those that need to fulfill new requirements. Firms providing services related to digital assets that ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... managing director James Mawhinney is appealing the Federal Court's decision to bar him from dealing in financial products for 15 years. Last month, the Federal Court upheld a previous decision to ban Mawhinney from receiving or soliciting funds in ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... Moshinsky restrained Merhi "through his servants, agents or employees" from carrying on any business related to financial products or financial services. This is in addition to providing financial product advice, dealing in financial products, or marketing ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... be an understatement. The consumer Currently, anti-hawking laws allow financial services to be sold, but not financial products. Another loophole was the fact that consumers were contacted after freely providing their information after seeing an online ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... asset regime to better regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the Corporations Act - digital asset platform and tokenised custody platform. This means the existing consumer protections ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... "This type of misconduct undermines trust and confidence in Australia's financial services." "Firms dealing in financial products have an obligation to be licensed which ensures customers are afforded key legal protections provided by an Australian financial ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... believes it is in the public interest to clarify this. "This clarification is important as it applies to all financial products and services whether they involve digital assets or not," the regulator said, which applied for the special leave in May. ...