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Showing 31 - 40 of 118 results for "Licenses"

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... improper, or incompetent." ASIC will also strengthen its powers to refuse, revoke or cancel financial services or credit licenses where the licensee is "not fit or proper" and be granted access to telecommunications intercept material to improve its ...

HUB24 reports record first half

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2018
... advisers using HUB24 to 1040. HUB24's dealer group Paragem gained two new practices and six new advisers, meaning it now licenses 76 advisers across 32 advice businesses. A 59% increase in revenue due largely to an increase in adviser fees was offset ...

Crowdfunding investment opportunity unleashed

EMMA RAPAPORT  |  FRIDAY, 12 JAN 2018
... equity following the regulators issuance of the first batch of crowdfunding intermediary licences. Yesterday ASIC granted licenses to seven platforms: Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment ...

Media powerhouse turns financial product provider

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2017
... manager of the products while Forbes would provide distribution support in the markets that it operates and holds relevant licenses. A partnership would benefit both Value Partners' and Forbes' strategies for growth, with Value Partners leveraging Forbes' ...

JB Financial enters buyout mode

ALEX BURKE  |  FRIDAY, 23 JUN 2017
... "over certain secured vault premises as well as the assignment of the rights and obligations attaching to the occupation licenses for the 64 retail outlets." McAuliffe commented: "This acquisition is truly transformative and places JB Financial in a ...

ASIC cancels AFSL licences

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
ASIC cancelled the Australian financial services licenses of two financial services companies for failure to comply with a number of key obligations. Rebate Financial Services, a Melbourne-based licensed securities dealer, and Capstone Capital, a Perth-based ...

ASIC watching SMSF advice closely

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2017
... another licensee to deal with this," Kell said. "We are going out into the field to see how people are finding the new licenses and what other arrangements they are entering into." Kell also said the regulator is regularly checking to ensure that there ...

New director for NAB super trustee

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
... to the NULIS Nominees board is in addition to his roles as an independent non-executive director of the NAB Advice and Licenses board and member of its investment committee, a member of the Super Wrap and IDPS Investment Committee, and the Masterkey ...

YBR selling off accounting business

ALEX BURKE  |  MONDAY, 26 SEP 2016
... goodwill, plan and equipment, client information, business contracts and debtors. YBR intellectual property, cash and licenses are exempt. YBR will receive $1.9 million upon completion for the transaction; DBR Advisory will pay a further $2.7 million ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... Australia. However, neither Capital Alternatives, Velvet Assets nor Woodcock were holders of Australian financial services licenses (AFSL) and were also not authorized representatives of a licensee. Following an investigation ASIC found: A number of ...